Toronto — As the Canadian economy prepares to face external headwinds in 2012 – including a sovereign debt crisis in Europe, an election year deadlock in the United States, and slowing growth in China – Bloomberg will convene policy makers, chief executive officers and influential leaders in banking and finance for the Bloomberg Canada Economic Summit on May 8, 2012.
Speakers at the Summit will gather at The Carlu in Toronto to discuss Canada’s growth in an age of global deleveraging. While Canada benefits from its rich natural resources and strong banks, a record household debt level and potential housing bubble threaten to slow its growth. The Summit will debate how Canada can cut spending, add jobs and protect itself against any fallout from the debt crisis in Europe and other external threats.
The Summit will also include one-on-one interviews with power players such as Dalton McGuinty, Premier, Province of Ontario, Paul Martin, Former Prime Minister, Canada, Gordon Nixon, President and CEO, Royal Bank of Canada and U.S. activist investor William A. Ackman, CEO and Portfolio Manager, Pershing Square Capital Management L.P.
Speakers will also discuss dealmaking by Canadian pension funds and in private equity; Canada’s housing sector and whether it’s in a bubble; and the outlook for the commodities and energy sectors.
“With the looming European debt crisis posing a potential threat to Canada’s growth, the health of the country’s economy is top of mind for many investors,” said Robert Bierman, head of Bloomberg LINK. “At the Summit, attendees will hear experts from both the private and public sectors debate whether Canada will continue to be a destination for investment and offer strategies on opportunities for growth.”
Additional key speakers include:
-Melanie L. Aitken, Commissioner of Competition, Competition Bureau of Canada
-Janice Fukakusa, Chief Admistrative Office and CFO, RBC
-Donald A. Guloien, President and CEO, Manulife Financial
-Wendy Hannam, Executive Vice-President, Sales and Service, Products and Marketing, International Banking, Scotiabank
-Colleen Johnston, Group Head, Finance and Chief Financial Officer, TD Bank Group
-Donald R. Lindsay, President and CEO, Teck Resources Limited
-The Right Honorable Paul Martin, Former Prime Minister, Canada
-Thomas V. Milroy, Chief Executive Officer, BMO Capital Markets
-Finn Poschmann, Vice President, Research, C.D. Howe Institute
-Jane Rowe, SVP, Teachers’ Private Capital, Ontario Teachers’ Pension Plan
-Mayo Schmidt, President and Chief Executive Officer, Viterra Inc.
-Christopher R. Seasons, President, Devon Canada Corporation
-Andrew J. Sheiner, Managing Director, ONEX
-Adam R. Waterous, Vice-Chairman, Global Head of Investment Banking, Global Banking & Markets, Scotiabank; President and Head of Scotia Waterous
-Mark Wiseman, Executive Vice-President, Investments, CPP Investment Board
The Summit is being sponsored by iShares®, BlackRock Asset Management Canada Limited and Ernst & Young.
Conference Partners are Chartered Alternative Investment Analyst Association, The Energy Council of Canada, The Ontario Economic Summit, Women in Capital Markets, The Toronto Financial Services Alliance and The Association of Canadian Pension Management.
For more information on the program and speakers, please visit: http://www.bloomberglink.com/canada.
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