Economic Outlook Forum 2025 Presented by Scotiabank

As Canada navigates the complexities of record population growth, businesses and families are grappling with high costs, slow economic growth, and a stagnant standard of living. While the Bank of Canada has begun reducing rates, interest rates are still at elevated levels and are constraining economic activity. The recent rate cuts signal progress in reducing inflation but ongoing economic challenges—particularly the rising cost of inputs and business affordability—remain top priorities for our members. Locally, despite our strong global brand, our Benchmarking Greater Vancouver report reveals that we face challenges in prosperity and productivity. A clear economic vision is much-needed now, as highlighted in our provincial election survey results.

In this context, the Greater Vancouver Board of Trade's 36th annual Economic Outlook Forum, presented by Scotiabank, aims to provide some answers on what businesses in the Greater Vancouver region can expect from the local and national economy in the year ahead. Join us to gain insights from economists, industry experts and political commentators as we explore pathways to advance productivity and prosperity.

KEYNOTE

Jean-Francois Perrault
Senior Vice-President and Chief Economist
Scotiabank

PANEL 1

Executive Perspective

Navigating the current economic landscape in the Greater Vancouver region has its complexities, but we believe our community has the potential to drive business development and growth. Join us as industry leaders discuss how they are adapting to uncertainty and emerging trends, share their visions for improving the business environment in the region, and explore how industry and government can work together to shape a thriving destination for businesses.

Todd Yuen

President, Industrial, Beedie

Cheryl Yaremko

Chief Financial Officer, GCT Global Container Terminals

Additional panellists to be announced.

REMARKS

The Honourable Brenda Bailey
Minister of Finance
Province of British Columbia

PRESENTATION

Andrew Ramlo
Vice President, Advisory
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PANEL 2

Hotel Pacifico & the Political Economy

If you are even a casual observer of B.C. politics, it is certain that you've checked into the Hotel Pacifico, B.C.'s 5-star podcast destination for B.C. politicos. We are pleased to welcome the dynamic trio to provide us with their insights on what B.C.'s business leaders need to know about the political dynamics in Victoria, Ottawa & Washinton in the year ahead.