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As Canadian businesses continue to weather the impacts of higher interest rates, inflation, and sluggish productivity, they will need sharp strategies to position for growth in 2025. The outcome of the 2024 U.S. election will also reshape Canadian industries, markets, and regulations. What are the most significant potential outcomes for business?
Join Report on Business magazine for an exclusive breakfast on November 26 to hear economic and industry leaders, institutional investors, policy experts and Globe and Mail journalists discuss the dominant forces shaping Canada’s economy in 2025 and beyond.
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Desjardins Group is the largest cooperative financial group in North America and the sixth largest in the world, with assets of $444.3 billion as at June 30, 2024. It has been named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, its online platforms, and its subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry.
Dan Breznitz has been elected as a University Professor of the University of Toronto, and the holder of the Munk Chair of Innovation Studies at the Munk School of Global Affairs and Public Policy with a cross-appointment in the Department of Political Science of the University of Toronto, where he is also the Co-Director of the Innovation Policy Lab and a Senior Fellow of Messay College. In addition, he is a Fellow of the Canadian Institute for Advanced Research (CIFAR) where he co-founded and co-directs the program on Innovation, Equity and the Future of Prosperity.
Professor Breznitz is known worldwide as an expert on rapid-innovation-based industries and their globalization, as well as for his pioneering research on the distributional impact of innovation policies. He has been a member of several boards, and has served as an advisor on science, technology, and innovation policies to multinational corporations, governments, and international organizations. He currently serves as the Clifford Clarke Economist of the Canadian Department of Finance, where he is responsible for new economic thinking and the restructuring of the Canadian economy. He was awarded multiple scholarly and public policy awards including the GTRC 75th Anniversary Innovation Award for Public Service, Leadership, and Policy and a Sloan Industry Studies Fellow. Before joining the Munk School, Breznitz spent eight years in Georgia Institute of Technology (Georgia Tech) as a professor in the Scheller College of Business, the Sam Nunn School of International Affairs, and the School of Public Policy. In an earlier life he founded and served as a CEO of a small software company.
In addition to publishing numerous academic articles chapters and edited volumes in multiple disciplines, opinion pieces in leading media outlets, and national and regional policy documents, he is an award-winning author. His first book, Innovation and the State: Political Choice and Strategies for Growth in Israel, Taiwan, and Ireland, won the 2008 Don K. Price for best book on science and technology. His second book (co-authored with Michael Murphree) The Run of the Red Queen: Government, Innovation, Globalization, and Economic Growth in China, was chosen as the 2012 Susan Strange Best Book in International Studies by the British International Studies Association, and was featured in multiple media outlets including The Economist, the New York Times, and Forbes. His latest book Innovation in Real Places: Strategies for Prosperity in an Unforgiving World offers pragmatic advice while debunking dangerous myth on innovation, growth and prosperity, was chosen by the Financial Times as one of the best books of 2021, and won the inaugural Balsillie prize for Public Policy given by the Writers’ Trust of Canada, as well as the Donner Prize for the Best Book on Public Policy.
The CEO and founder of Geotab, stands at the forefront of connected vehicle technology, leading the industry in innovation and research. His leadership is marked by a commitment to developing cutting-edge technologies that empower businesses to make data-driven decisions. Under Neil’s guidance, Geotab has transformed into a global leader, providing advanced data analytics and insights to businesses worldwide. Neil’s entrepreneurial spirit and passion for technology have been the driving forces behind Geotab's mission to improve vehicle safety, operational efficiency, and sustainability. With a keen focus on AI, IoT and connected vehicles, he has steered the company through exponential growth, expanding its reach to millions of subscriptions in over 150 countries. Neil's vision is to create a more connected and sustainable world through the power of data and innovation.
Jimmy Jean is Vice-President, Chief Economist and Strategist for the Desjardins Group. He leads a team of researchers, analysts and forecasters that has been named Best Overall Forecaster—Canada by FocusEconomics on numerous occasions. His keen insights and clear communication style make him a sought‐after speaker and a regular guest on financial news programs in
Canada’s English and French media markets.
Jimmy has been with Desjardins Group for most of his career, but has also served as senior strategist at Caisse de dépôt et placement du Québec and as an economist at Moody’s, RBC Capital Markets and Statistics Canada. He has a Master’s degree in applied financial economics from HEC Montréal and is a Chartered Financial Analyst charterholder.
Michael Waters serves as Chief Executive Officer of Minto Group. As CEO, Michael has spearheaded the transformation and growth of Minto from a wholly-owned family venture into a world-class, fully-integrated real estate investment management company. In this role, Michael oversees all aspects of the business from corporate services to asset management, acquisitions, dispositions, development, property operations and homebuilding in Canada and the USA for Minto’s growing portfolio. In addition to his role with Minto Group, from 2018 - 2023 Michael also served as CEO of Minto Apartment REIT. In this additional role Michael was responsible for the overall strategic direction including investment growth and capital structure. He continues to support the REIT in his role on the Board as a Trustee.
Michael has over 25 years’ experience in real estate finance, investment and development, and financial advisory services. Prior to joining Minto, he served in a variety of roles at Intrawest Corporation, a large resort developer and operator with a presence across North America. Earlier in his career, Michael worked at PricewaterhouseCoopers LLP and KPMG LLP.
He has served on the boards of REALPAC, Canada’s senior national real estate industry association, and Algonquin College. Michael currently serves as a Trustee on the Board of Crombie REIT.
Michael attended the University of British Columbia and holds an MBA from the University of Pennsylvania's Wharton School of Business, along with both the Chartered Professional Accountant (CPA, CA) and Chartered Financial Analyst (CFA) designations. Michael was elected a Fellow of the Chartered Professional Accountants of British Columbia in 2019.
Dawn Calleja is the Editor of The Globe and Mail’s national Report on Business magazine, where she oversees a mix of long-form features, programs such as Women Lead Here and Canada’s Top Growing Companies, and more. She has won numerous National Magazine Awards both as a writer and editor, and received The Globe and Mail’s George Brown Prize for Editing in 2020. She also helped launch SABEW Canada in 2014 and ran its prestigious Best in Business Canada awards program for eight years.
As President and Chief Executive Officer at The Globe and Mail, Andrew draws on more than 25 years of senior level of experience in the Canadian media industry. Andrew has a solid track record of developing and executing revenue generating strategies and driving the business transformation from print to digital to enable a sustainable, competitive business model.
His well-rounded background in leading the monetization strategy for news, business and entertainment media brands through establishing strategies, setting objectives, developing new products and establishing pricing models, has helped drive and accelerate profitable growth.
Prior to joining The Globe, Andrew was Vice President, Local and Regional Business Development at CTV, Canada’s largest private broadcaster. Joining CTV Inc. in 1992 (then known as Baton Broadcasting Incorporated) Andrew has held various positions, including Vice President, Revenue Management and Vice President, Local and Regional Business Development. Saunders currently serves as a board member of News Media Canada, and currently sits as the past Chairman and current board member of the Internet Advertising Bureau of Canada. He is also a board member of Advertising Standards of Canada, The Canadian Press, and a member of the Supervisory Board of the World Association of News Publishers.
The Globe and Mail is an essential read for 8 million Canadians who want to be informed of the issues, facts and opinions that effect our country and the world at large. In print since 1844 and digital since 2000, our media organization strives to deliver Canada's best coverage of national, international and business news and information.
Matt Lundy is The Globe and Mail's economics editor. As a reporter, Matt covered some of the biggest economic news from 2019 to 2024: the fallout from the COVID-19 pandemic, four-decade-high inflation and breakneck population growth.
An Arthur F. Burns Fellow in 2023, Matt reported from Berlin on Germany's economic stagnation, China's dominance in electric vehicles and a rags-to-riches soccer club.
Justine sits as FCC’s President and CEO after 17 years with Export Development Canada (EDC) and 7 years with Royal Bank of Canada (RBC). She is an impactful leader whose diverse experience includes delivering financial services on the front line, overseeing successful organizational transformations, evolving risk management capabilities, spearheading the development of innovative financial products, and developing and executing corporate strategies. Much of her career has been focused on lending to and supporting Canadian businesses across critical sectors, including agriculture and agri-food. In her time at EDC, Justine was responsible for several different business functions including business development in the resources, forestry, seafood, agricultural equipment, light manufacturing and extractive sectors, the transformation of EDC’s Financing and Investment Group, and full responsibility for EDC’s $9B Insurance and Working Capital Solutions portfolio. Prior to leaving EDC, Justine was appointed to be EDC’s first Chief Sustainability Officer and was responsible for aligning EDC’s 10-year corporate strategy with evolving business principles and practices focused on the environment, human rights, and innovation.