Putting the Inflation Genie Back in the Bottle: Bringing Canadian Inflation Back to 2%

Mark Zelmer’s work with the Bank of Canada, the OSFI, and the IMF, over the past 35 years has given him a wide range of policy experience and the various tools central banks use to control inflation.  This live and interactive webinar led by Mark will examine the current Canadian economic climate and discuss the measures being taken to bring inflation back down to 2%. By watching this recorded webinar, you’ll become equipped with deeper insights surrounding:

By watching this recorded webinar, you’ll become equipped with deeper insights surrounding:

  • Why Canada is headed to a recession that could be more severe than many observers expect.
  • Why Canadian businesses need to reduce debt levels and build their liquidity so they can weather the coming storm and take advantage of opportunities that may emerge to expand on advantageous terms.
  • Why Canadian businesses should plan to automate and digitize their processes as much as practicable in the years to come so that they can compete effectively against their peers and internationally.

Mark Zelmer has more than 35 years of experience dealing with financial sector policy and regulatory issues having worked for the Office of the Superintendent of Financial Institutions, Canada (OSFI); the Bank of Canada; and the International Monetary Fund (IMF). He retired as Deputy Superintendent of Financial Institutions at OSFI in 2016.

Mark was also an active contributor to the global regulatory reform agenda in the wake of the financial crisis. As a member of the Basel Committee on Banking Supervision, he chaired the development of several macro-prudential components of the Basel III Capital Accord and led a peer review assessment of the European Union’s adoption of Basel III capital requirements. He also served on the Financial Stability Board’s Standing Committee on Supervisory and Regulatory Cooperation and co-chaired its work on structural vulnerabilities associated with the global asset management industry.

Mark has been busy since retiring from OSFI. He currently sits on the Boards of Directors of the Canadian Life and Health Insurance Compensation Corporation (commonly known as Assuris) and State Street Trust Company of Canada. He is also a senior fellow of the C.D. Howe Institute where he has written papers on central banking and prudential issues. In response to a request from the UK government and Bank of England in 2018 he conducted an independent review of the prudential supervision of a medium-sized UK bank (Co-Op Bank plc) that nearly failed in 2013. And, he has helped the International Monetary Fund assess the stability of the Japanese and US financial systems.

Mark holds a Master of Science (Business Administration) degree from the University of British Columbia and a Bachelor of Commerce (Honours) degree from Queen’s University.

Press play below to watch the recorded “Putting the Inflation Genie Back in the Bottle” webinar led by Mark Zelmer

The TEC Canada Deeper Insights webinar series will equip you with the tools to strategically approach complex issues and uncertainty with confidence. Hosted by industry experts – that have a commendable business background – each webinar is focused on accelerating your ability to grow strategically and overcome hurdles faster. In addition to expert thought leadership, all webinars feature a Q&A session. This is your opportunity to gain insight from industry leaders and implement real solutions. 

Become a Member Form

Become a TEC Member today!