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We were excited to host Dr. Stephen Tapp, Chief Economist for the Canadian Chamber of Commerce, Thursday, December 7th! Stephen is passionate, intelligent and he is able to make complicated economic data easy to understand for all of us.

The key takeaways from his presentation are that a stagnant economy and high inflation (stagflation) will continue into 2024, but interest rates will continue to decline. Also, Sudbury’s economy looks to be remarkably resilient and should weather the economic storm coming in 2024. 

Thank you to everyone who attended and to all of our wonderful sponsors, including our title sponsor, CN. None of this is possible without your support and generosity. 

As Chief Economist for the CCC, Stephen is a key member of the chamber’s executive leadership team, responsible for economic analysis and research.  His focus is on developing data, analytics, and forecasting capacities to provide real-time and forward-looking insights for Canadian businesses of all sizes, in all sectors and regions of the country.

Stephen brings 20 years of diverse experiences at many of Canada’s top economic organizations including serving as the Deputy Chief Economist at Export Development Canada. He has also been involved with the Bank of Canada, Parliamentary Budget Office, Finance Canada, two think tanks, as well as academic ventures.  He is a recognized thought leader, frequent commentator and sought-out spokesperson on economic issues in Canada.  Stephen’s research was awarded the Purvis prize for Canadian economic policy and has been published in academic journals, such as the Canadian Journal of Economics and Canadian Public Policy.  He has a PhD and MA in Economics from Queen’s University and an Honors BA from Western. During his undergrad, he studied in the Netherlands and was the owner-operator of a student painting company.

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