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Weekly Commentary

Weekly Commentary


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The Sleeping Giant Awaketh! - September 25, 2014

Back in 2009, today’s title seemed far-fetched. Impossibly over-leveraged US consumers looked like they were down for the count, almost stone-dead. Their massive debt wall collided with plunging employment and an evaporation of the equity in their biggest single investment: the family home. Popular thought at the time held that it would take a decade or more to recover, and at that, growth would never again be quite what it was. Far from dead, this giant has had an extended snooze. Is it rousing?

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 Peter Hall's Biography


Peter G. HallPeter G. Hall
Vice-President and Chief Economist

Peter Hall joined Export Development Canada (EDC) in November 2004. With over 25 years of experience in economic analysis and forecasting, Mr. Hall is responsible for overseeing EDC's economic and political risk analysis, special research and the corporate library. In addition to advising senior management at EDC, Mr. Hall is a featured speaker at conferences, international roundtables and policy fora, and regularly appears in television, radio and print media commenting on the international economy.

Prior to joining EDC, Mr. Hall directed the economic forecasting activities of the Conference Board of Canada. Mr. Hall is the immediate past president of the Canadian Association for Business Economics, a 600-member national association of professional economists, and actively participates in its local Ottawa chapter. Mr. Hall has degrees in economics from Carleton University and the University of Toronto.


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Our most recent commentaries

  • Haircuts from Half a World Away
    If we can export haircuts, what can’t we export?
    Speaker: Peter G. Hall
    Length: 00:05:31

  • Back in Surplus?
    Canadian trade is getting back in the black. Is that a good thing?
    Speaker: Peter G. Hall
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  • Summer Freeze in Europe?
    Is Europe in a temporary or longer-lasting slowdown?
    Speaker: Peter G. Hall
    Length: 00:05:22

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