57 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
    • 4.6 • 22 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

    Canada’s urgent need for a more inclusive labour market

    Canada’s urgent need for a more inclusive labour market

    Canada’s labour market is facing massive shortages. Employers right now just can’t fill jobs. Meanwhile, people with disabilities face much higher rates of poverty and unemployment than non-disabled people. With International Day of Persons with Disabilities upon us, our guest this episode is Rebekah Young, Vice President and Head of Inclusion and Resilience Economics at Scotiabank. She’ll explain how a more inclusive labour market can not only help Canadians with disabilities, but also help solve a persistent economic problem. 
    Read Rebekah’s report here. 

    Key moments this episode:  
    1:27 — Some big picture numbers around disability in Canada 
    2:13 — How do those numbers tie into the challenges that labour market is facing? 
    3:38 — The “mind-blowing” number of Canadians with disabilities who have the potential to work but aren’t getting the chance 
    4:02 — What’s holding back that large amount of people from being employed?  
    5:50 — What governments could do to help solve this issue 
    7:54 — What role private- sector employers could play and why 
    9:25 — How companies and governments can come together to make the labour market more inclusive 
    11:28 — A call to action 

    • 12 min
    Will inflation be the Grinch this holiday season?

    Will inflation be the Grinch this holiday season?

    With Black Friday upon us, the holiday shopping season is unofficially underway. Scotiabank Consumer Analyst George Doumet is our guest and breaks down where prices are going up and by how much, what trends he’s seeing and, believe it or not, where you might even be able to catch a deal this year.

    Key moments this episode: 
    1:06 — Why does it seem like Black Friday deals start earlier and earlier each year? 
    1:29 — How important is Black Friday to retailers in Canada? 
    2:04 — The good news when it comes to retail this holiday season… 
    2:29 — …and the bad news. With a silver lining. 
    3:41 — How inflation will affect Black Friday prices 
    4:12 — What is ‘trade down’ and why is it a trend this season? 
    4:48 — Where will customers see some deals this season? 
    6:21 — Which areas won’t see much of a discount? 
    7:02 — The “big new threat” to retailers this season 
    7:37 — Why grandma’s apple pie is going to cost a lot more this year 
    8:33 — How grocery consumers’ habits are changing because of inflation 
    9:04 — What are customers to make of grocery store profits? 
    10:46 — Beyond the holiday season, what is the health of Canadian consumers?

    View Reg AC Certification and Disclosures 

    • 12 min
    Recession 101

    Recession 101

    The word recession is hard to avoid these days. Despite the term being on the tips of everyone’s tongues, there still seems to be confusion about the basics. Is there going to be one? How bad will it be? How do you even define the term? Apparently even that old, go-to definition that a recession is two consecutive quarters of negative GDP growth might not be entirely correct. 
    So, in this episode we go back to basics for a primer on this seemingly nebulous economic term with the help of our guest, Scotiabank Chief Economist, Jean-François Perrault. 

    Key moments in this episode: 
    1:08 — The definition of a recession and why it’s not necessarily what you might think 
    2:10 — Why a “quick and dirty” definition of a recession can be helpful 
    2:35 — Who declares whether there’s a recession in Canada? 
    3:23 — Why it’s only AFTER a recession that we can tell there’s been a recession 
    3:44 — What is a technical recession? 
    3:50 — A brief recession history lesson 
    4:31 — What historically often triggers recessions 
    5:15 — How long did past recessions last? 
    6:11 — What a recession in 2023 might look like if we have one 
    9:21 — What should people be worried about if there is a recession? 
    11:11 — How psychology and public perception plays into recessions 
    12:58 — When recessions usually occur in the economic cycle 
    13:50 — What can governments do to help with a recession? What should they avoid doing? 
    15:37 — If we have a recession, will we have a “soft landing”? 

    • 17 min
    Demystifying the price at the pump

    Demystifying the price at the pump

    Aside from the weather, gas prices might just be the most popular point of conversation for Canadians. Everyone seems to be an armchair expert on the subject.  
    In this episode, we explore what’s behind those ever-changing numbers at the pump with the help of Jennifer Stevenson from the Scotia Global Asset Management Investment Team. 

    Key moments in this episode: 
    1:01 — The biggest factor when it comes to the cost at the pumps 
    1:53 — Why refineries are another large factor in gas prices 
    3:26 — Why there are so many unknowns in the process, from refinery to retail, that impact prices 
    5:01 — Gas stations often make more money from chocolate bars than gasoline 
    5:56 — Why there are fewer and fewer refineries  
    7:23 — How the war in Ukraine is affecting gas prices and why that may soon change 
    9:00 — A breakdown of why OPEC has reduced their supply recently 
    11:15 — Explaining Biden’s use of oil reserves 
    13:34 — Why a recession may be the only thing that slows energy prices

    • 17 min
    An insider's look at loyalty points in Canada

    An insider's look at loyalty points in Canada

    Canadians love getting free stuff. A big way to do that: collecting loyalty points. Over 90% of us belong to at least one program. And on average Canadians are enrolled in more than 12. 
    In this episode Clinton Braganza, who oversees the rollout of the new Scene+ program at Scotiabank, provides us with an insider's look at loyalty programs in Canada, how they’ve evolved and where they’re headed.

    Key moments this episode: 
    1:24 — A brief intro to the customer loyalty space in Canada 
    1:48 — What kinds of free stuff do Canadians like? 
    2:34 — The digitization of loyalty programs 
    4:56 — How has inflation influenced how people use loyalty cards?  
    6:12 — The evolution of Scene+ 
    9:16 — What was the ultimate objective of creating Scene+? 
    10:26 — The biggest challenges in creating a new loyalty program 
    11:53 — The results so far of the Scene+ roll out 
    12:34 — Why loyalty programs are especially important during inflationary times 
    12:48 — Clinton’s all time favourite film  

    • 13 min
    Why the latest interest rate hike could be a positive sign

    Why the latest interest rate hike could be a positive sign

    The Bank of Canada surprised many with a smaller-than-expected rate hike of just 50 basis points. Scotiabank’s Chief Economist Jean-François Perrault is back to break down what this means and what the central bank is signaling about inflation and the economy ahead.

    Key moments this episode: 
    00:48 — First reactions: why this move is surprising and what it could signal 
    2:08 — How did we end up at this high of an interest rate? 
    3:05 — What impact will these rising interest rates have on daily life? 
    5:15 — Has employment been affected by interest rate increases? 
    6:35 — What is a monetary policy report and what did it say? 
    8:33 — What is a ‘technical recession’? 
    10:15 — What would a ‘technical recession’ mean for Canadians?

    • 12 min

Customer Reviews

4.6 out of 5
22 Ratings

22 Ratings

Top Podcasts In Business

Hala Taha | YAP Media
The Globe and Mail
NPR
Steven Bartlett
Tim Ferriss: Bestselling Author, Human Guinea Pig
Vox Media Podcast Network

You Might Also Like

Braden Dennis & Simon Belanger
The Globe and Mail
Steve Saretsky
The Peak / Curiouscast
Kornel Szrejber: Investor
Postmedia