MBiz

Summer 2023

Manitoba Chamber of Commerce

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6 SUMMER 2023 MCC HOSTS BANK OF CANADA SENIOR DEPUTY GOVERNOR CAROLYN ROGERS T he Manitoba Chambers of Com- merce was honoured to host senior deputy governor Carolyn Rogers for a special luncheon event on March 9 and talk through the bank's recent decision to pause inter- est rate hikes. Rogers pointed out that Canada's economic growth rate has been the strongest among the G7 countries since the beginning of 2022 and the International Monetary Fund expects Canada to have the most robust gross domestic product (GDP) growth in the G7 over 2023 and 2024. However, there are still several hurdles for the economy to over- come to reach the Bank of Canada's target inflation rate of two per cent. Rogers also pointed out that Canada develops monetary policy to suit the domestic economy and how we might be impacted or navigate ongoing foreign or U.S. rate increases. Thank you to the Asper School of Business Associates for partnering on this event along with presenting sponsor the University of Manitoba and supporters CPA Manitoba and the Manitoba Institute of Trades and Technology. ■ SUBMITTED PHOTOS Left to right: Dougald Lamont, Jennifer Moose, Terry Duguid and Chuck Davidson. SUBMITTED PHOTO FEDERAL BUDGET IMPACTS MANITOBA T he Manitoba Chambers was pleased to host the April MBiz Breakfast presented by 6P Market- ing and hear Terry Duguid, member of Parliament for Winnipeg South, talk about Budget 2023 and what it means for Manitoba. Mr. Duguid stepped in last minute for Dan Vandal, minister of Northern Affairs and minister responsi- ble for Prairies Economic Development Canada and Canadian Northern Eco- nomic Development Agency, who was unable to attend due to bad weather. Jennifer Moose introduced Mr. Duguid and shared about her ongoing work as operations co-ordinator for Northern Manitoba Mining Academy, a division of University College of the North. Dou- gald Lamont, member of the Manitoba Legislative Assembly for St. Boniface, responded to Mr. Duguid's remarks. ■ MANITOBA CHAMBER OF COMMERCE EVENTS

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