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Why Are Canada’s Exports Tumbling? - August 25, 2016

Let’s call it as it is. Canada is hardly setting records on the international trade track these days. Far from it – we’re actually digressing. Growth surged at the beginning of the year in line with expectations, but a swift U-turn dashed those hopes, and the news has been pretty gloomy since. The upbeat outlook at the beginning of the year made sense, and still does. After all, the US economy is still powering ahead, and our dollar remains well below its post-recession average. What went wrong?

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 Biographies

 

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 analysis, country risk assessment and corporate research groups. In addition to preparing strategic advice for 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 world economy and Canadian international trade issues. He produces a widely circulated print and video weekly commentary covering an eclectic range of current global economic issues.

Prior to joining EDC, Mr. Hall directed the economic forecasting activities of the Conference Board of Canada. Mr. Hall has served as president of both the Canadian Association for Business Economics, a 600-member national association of professional economists, and its largest local chapter, the Ottawa Economics Association. He has also been a volunteer board and committee member for two Ottawa area private schools. Mr. Hall has degrees in economics from both Carleton University and the University of Toronto.

Stuart BergmanStuart Bergman
Assistant Chief Economist and Director, Economic and Political Intelligence Centre

Stuart Bergman has been the Assistant Chief Economist and Director of Export Development Canada's (EDC) Economic and Political Intelligence Centre since March, 2011. Prior to that, he was the Director of EDC's Economic Analysis and Forecasting unit. In his role, Mr. Bergman provides leadership and direction for a group of diverse and highly-specialized economists, political risk analysts and intelligence professionals, advising EDC business teams and senior management on transaction and portfolio risk mitigation, corporate planning and business development activities. He also serves as EDC's representative at national and international economic forums, delivers media interviews and is a featured speaker at conferences across Canada and around the world.

Mr. Bergman completed his graduate studies in International Economics and International Relations at the Johns Hopkins University School of Advanced International Studies.

 

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