108 episodes

Each week we help break down the important economic issues on Canadian’s minds. With our unique access to leading experts, timely insights and helpful explainers, we navigate the latest in the world of finance, housing, business, the markets — and more.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures

Perspectives Scotiabank Perspectives

    • Business
    • 4.8 • 34 Ratings

Each week we help break down the important economic issues on Canadian’s minds. With our unique access to leading experts, timely insights and helpful explainers, we navigate the latest in the world of finance, housing, business, the markets — and more.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures

    Leadership Series: Challenging the narrative around women in farming

    Leadership Series: Challenging the narrative around women in farming

    In this episode, we bring you another instalment in the occasional series where leaders at Scotiabank interview experts on an issue that resonates with them. You'll hear a conversation between Janice Holzscherer, Managing Director and Head of Agriculture at Scotiabank and Cherilyn Jolly-Nagel, farmer, speaker, advocate and Scotiabank Women Initiative participant. Recorded on location at Cherilyn’s farm in Saskatchewan, the two discuss the misconceptions around the role of women in agriculture, the need for all modern farmers to get their stories out to the public and more. 
     
    Other episodes of the Leadership Series:  
    A conversation with the woman behind Orange Shirt Day, Phyllis Webstad 
    The ethics of AI and Data 
    The power of allyship in the workplace
     
    Key moments this episode:  
    2:21 — Cherilyn tells us a bit about the history behind her farm 
    3:03 — Why Cherilyn didn’t always want to be a farmer and what changed her mind 
    5:18 — How Cherilyn came to be an advocate for farmers 
    6:11 — What unique perspective does Cherilyn bring to the table as an advocate? 
    9:05 — Why bringing diverse perspectives and voices to the table is important and how far agriculture has come 
    10:59 — Why Cherilyn hates getting asked about ‘women in agriculture’  
    14:34 — The lesson Janice got from her daughter about hearing other women’s experiences 
    17:12 — A story about a media appearance that surprised Cherilyn, inspired a unique gift from her mom and taught her a lesson about women in farming 
    21:00 — Why Cherilyn now focuses her energy on talking to non-farmers 
    22:54 — Why there is a disconnect between how the public perceives farmers and what farmers really do, and how to potentially bridge that gap 
    25:38 — Why farmers suddenly have a new job: PR 
    27:02 — What is the one thing Cherylin is the most proud of? 

    • 28 min
    The latest high-tech scams (and how to avoid falling prey)

    The latest high-tech scams (and how to avoid falling prey)

    Imagine it’s late one night and you’re awoken by a call. It’s a panicked loved one telling you they’ve been in an accident and need money right away. Except it’s not actually a loved one, it’s a fraudster using AI to perfectly mimic their voice. That’s just one example of the latest in advanced schemes being employed these days to trick you into parting with your money. Tammy McKinnon, Senior Vice President of Fraud Management at Scotiabank is our guest this episode to walk us through some emerging scams, tell us some potential red flags to watch for and some simple ways for you or someone in your family to avoid becoming a victim.   
    For more fraud prevention resources, check out Scotiabank’s Cybersecurity and Fraud Hub. 
     
    Key moments this episode: 
    1:44 — What stats tell us about whether fraud is getting worse 
    2:21 — The stigma associated with being scammed, why anyone can be a victim 
    4:00 — Emerging scam #1: the shocking way AI is being used to swindle people 
    8:21 — Emerging scam #2: cryptocurrency scams 
    9:21 — Why fraudsters are willing to put in more time for scams 
    9:38 — What is a romance scam? 
    10:21 — Do we know where these scams are originating from? 
    10:52 — Emerging scam #3: impersonation scams 
    12:16 — Some ways to tell if a call from a bank is legitimate or not 
    13:29 — Some simple precautions to avoid these increasingly sophisticated scams 
    16:07 — A bit about how Tammy prevents fraud at the bank 
    17:12 — The one thing listeners should take away from the interview 
    17:40 — How to tell the real Stephen from his voice clone 

    • 18 min
    Why Canada's lagging productivity could harm your standard of living

    Why Canada's lagging productivity could harm your standard of living

    Canada’s productivity is declining and has been lagging for some time. A country’s productivity is an economic measure that boils down to how much stuff is produced by each working person. And according to our guest, Scotiabank’s Chief Economist Jean-François Perrault, it’s the most important economic variable we have. And declining productivity can have big implications for everyday Canadians. This episode, we have a crash course on productivity. We'll learn exactly what it is, how it’s calculated, where Canada stands and why finding a solution to declining productivity is so difficult.   
     
    Key moments this episode: 
    1:33 — The basic definition of what productivity is 
    2:09 — How is it measured? (And why is it so complex?) 
    4:19 — Why productivity is “the most important economic variable we have”  
    5:59 — Why increasing productivity equates to increasing standard of living 
    7:00 — How Canada’s productivity has looked historically 
    8:21 — The mystery behind why Canada lags behind in productivity 
    12:15 — What the long-term impact of declining productivity could be on Canadians 
    14:08 — The big question: how do you solve the problem when you aren’t sure what the cause is? 
    18:03 — Why productivity is the “number one public policy issue” in Canada

    • 19 min
    The 'critical' resource that Canada doesn’t have enough of

    The 'critical' resource that Canada doesn’t have enough of

    Critical minerals are used in the manufacturing of just about all modern technology — including things like solar panels and EV batteries that are key to the global energy transition. But according to our guest, Rebekah Young, the world doesn't currently have enough of these minerals and what we do have is concentrated in just a handful of countries. Rebekah is the Head of Inclusion and Resilience Economics at Scotiabank and recently wrote a report all about this shortage. She’ll give us a critical minerals 101 lesson and outline the challenges Canada and the world will face to meet this new demand.   
     
     
    Key moments this episode: 
    1:27 — Let’s start with the basics: what are critical minerals? 
    2:24 — What are critical minerals used for? 
    3:33 — An eye-opening fact about how many more critical minerals are used to produce an EV compared to a traditional combustion engine vehicle 
    3:48 — Just how critical critical minerals are when it comes to hitting net zero targets 
    4:48 — What exactly does it take to get critical minerals out of the ground and into products we use? 
    6:06 — What kind of critical mineral deposits does Canada have? 
    7:54 — What is the current demand for critical minerals and what will that look like in the coming years? 
    11:11 — Why nearshoring may be a solution to Canada’s critical mineral needs in the future 
    14:26 — The key takeaway for the average Canadian on this issue 

    • 16 min
    How drones, AI and other tech are making farming more green

    How drones, AI and other tech are making farming more green

    We go behind the scenes of a modern family farm to see how cutting-edge technology is helping farmers run a more sustainable operation. This episode, Terry Aberhart gives us a tour of Aberhart Farms and tells us about the advanced tools he uses, the hurdles he sees in implementing these practices on a wider scale and the public perceptions of sustainability in agriculture vs. the reality. 
     
    Key moments this episode: 
    1:59 — Terry tells us more about Aberhart Farms and their mission 
    3:25 — “Sustainability” has become a bit of a buzzword, how does Terry define it? 
    5:12 — How have Terry’s processes evolved in order to be more sustainable? 
    8:40 — What is “precision farming”? 
    10:54 — How much technology is used on a modern farm and why it’s unexpected to some 
    12:12 — How well adopted in precision farming in Canada? 
    13:50 — What do non farmers usually get wrong when it comes to perceptions of sustainability? 
    17:45 — How is a movement towards sustainability received in the industry? 
    19:29 — What hurdles the sector faces when trying to implement sustainable practices 
    21:54 — Does running a farming operation more sustainably make it more difficult?  
    23:54 — Who will be taking over the Aberhart family farms in the future? 

    • 24 min
    BoC opens the door — just a little — to rate cuts

    BoC opens the door — just a little — to rate cuts

    The Bank of Canada’s decision to hold its key interest rate — for the fourth consecutive time — was no surprise. However, this time the central bank signalled that the discussion going forward won’t be about how high its key rate should go, but how long it will stay at 5%. 
    Scotiabank’s Chief Economist Jean-François Perrault is back to break down the Bank of Canada’s latest decision and what factored into it, why inflation remains stubborn, when rate cuts could begin, and the risk factors that could push that timing back. 
    For an up-to-date breakdown of the Bank of Canada's key interest rate and its change over time alongside inflation numbers, visit our interest rate page. 

    Key moments this episode: 
    1:24 — Why this announcement is a bit like Groundhog Day 
    2:02 — The latest BoC decision wasn’t a surprise, but what’s the big takeaway? 
    2:40 — What did BoC Governor Tiff Macklem say that signals there may be a cut before too long? 
    3:21 — How did the December inflation numbers factor into the Bank of Canada’s decision? 
    4:50 — Why has inflation been so stubborn? 
    6:11 — Are geopolitical factors like the attacks in the Red Sea playing into inflation?  
    7:44 — Is a potential surge in housing demand putting pressure on inflation? 
    9:12 — What other factors might the BoC be watching to make their next decision? 
    10:10 — Later this month we get the latest GDP numbers, what might those look like and how may they affect the BoC’s next decision? 
    11:13 — Are we out of the woods in terms of recession risk? 
    12:26 — The US economy has been doing very well, how does that factor into the performance of our economy and this latest decision? 
    13:15 — Why is US inflation coming down faster? 
    14:02 — Will the Fed’s upcoming decision have an impact on what the BoC does? 
    14:40 — Is June still when interest rates are expected to come down? 
    15:22 — What should a mortgage holder or would-be home buyer be taking away from this? 
    16:12 — Three big takeaways for Canadians from this latest decision

    • 17 min

Customer Reviews

4.8 out of 5
34 Ratings

34 Ratings

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