This episode, we look at what we can expect for the economy in Canada and internationally. 

Scotiabank’s Chief Economist Jean-François Perrault is our guest and he breaks down his latest global outlook report, and what he forecasts for growth, inflation and interest rates.

Check out the full global outlook report here. 

Key moments this episode:

1:10 - Brief summary of global outlook report forecast

2:44 - Projection for Canada’s economic growth

4:00 – Why there are murmurings of a recession despite growth 

5:06 – What inflation might look like in Canada for the next few years

6:57 – What should Canadians make of this good news/bad news economy?

8:42 – Forecast for Canadian interest rates for the remainder of 2022

10:21 – What impact have interest rate increases had on the housing market?

12:12 – Summary of the outlook and what Canadians can expect as we head into the summer

This episode, we answer some of Canadians’ top trending Google search questions about inflation. 

Olena Ivus, Associate Professor of Business Economics at the Smith School of Business at Queen’s University, is our guest. 

Key moments this episode:

1:30 – What is inflation?

2:41 – Why do prices increase over time?

3:17 – What is the inflation rate and what does it mean?

4:02 – How a menu can tell you the inflation rate

4:45 – What is the perfect inflation rate?

5:17 – Why does there need to be any inflation at all?

6:21 – How expectations can drive the interest rate

7:41 – What can the government do to try and reduce the rate?

8:05 – How does increasing interest rates slow inflation?

9:06 – How does inflation affect personal finance planning?

10:29 – 30 second summary

Behavioural science is all about understanding what influences our decision-making and using that to predict or change how we might act. 

Our guest this episode is Michael Tracey, Director of Behavioural Science in Global Compliance at Scotiabank. He’ll explain this fascinating field and how it can modify the way we take risks in any team or workplace.

Pay off debt? Save? Invest? Splurge?

Kingsley Chak, Senior Vice President, Deposits, Savings and Investments at Scotiabank tells us what can you do to make the most of your tax refund or any financial windfall.

Learn more about how best to spend your tax return on Advice+.

To celebrate Scotiabank’s 190th anniversary, we get the chance to dig into the archives. Christina Dinadis, Scotiabank’s Senior Manager of Archives and Corporate Records, and Debbie Keffer, the Manager of Scotiabank’s Corporate History program, guide us through their favourite objects in the collection and what they say about the Bank’s past and future.

Additional links: 

See photos of the items we mentioned in this episode (and some we didn’t) here. 

Our story on the evolution of the Scotiabank logo over the last 190 years. 

Scotiabank’s Chief Economist and Scotia Wealth Management's Chief Investment Officer discuss the impact of the Bank of Canada’s latest move 

Scotiabank’s Director of Economic and Fiscal Policy breaks down the federal government’s spending plan (and what was left out) 

This bonus episode of Perspectives is presented in French.

Marc Desormeaux, économiste principal à la Banque Scotia , discute avec l’animateur Stephen Meurice du budget du Québec ainsi que du montant de 500 $ offert par le gouvernement à la majorité des Québécois afin d’atténuer les impacts de l’inflation.

We've invited back our favourite pair of resident real estate experts to tell us what the housing market looks like as we head into the busiest season for home sales. 

Additional resources: 

Report of the Ontario Housing Affordability Task Force

March is Fraud Prevention Month, so this episode Tammy McKinnon, the Senior Vice President of Fraud Management at Scotiabank, explains how current trends are affecting Canadians and the best ways to stay vigilant and protect ourselves from falling victim to scams. 

More resources:

Scotiabank security centre

Scotiabank common scams page