Kevin Vuong   

@KevinVuongTO

Proud son of refugees, Canada's dedicated to serving the country that welcomed his parents. Teach , serve , give .

Vrijeme pridruživanja: srpanj 2011.

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  3. Thrilled to join donors and to recognize the service, generosity, and commitment of all to our community. Together, we can in our lifetime! ✊🏼🇨🇦

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  4. Finally, we heard about cryptocurrency and I was thrilled to hear 🇨🇦 chairs a table on digitalization. What’s the difference between a cryptocurrency and a currency backed by a Central Bank? “It’s easy, it’s backed by a central bank,” says ’s Carolyn Wilkins 🤣

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  5. 5) Next was productivity, which most people will know has been an ongoing challenge for 🇨🇦. What I didn’t know was if Canada had the same productivity growth as US since the 90s, our GDP would be 13% higher today. That’s equivalent to an extra $25,000 for every Canadian today.

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  6. 4) Our banks are better capitalized than Japanese banks were then. And, as my finance students know from our class, inflation-targeting is the bedrock of the , while it’s wasn’t the case for Japan until 2012!

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  7. I took comfort in the Senior Deputy Governor’s comments that Canada is diff from 1990s Japan. 3) Where Japan was rapidly aging and its population shrinking, Canada is still growing. *Immigration* (! 🇨🇦) keeps us young, vibrant, and prosperous!

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  8. 2) Central Bankers are concerned about secular stagnation. And best policies to guard against that are those that raise the trend line of growth. Prime example is Japan in the 90s, and lessons learnt was: (1) their initial reaction too slow, (2) monetary policy too tentative.

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  9. My takeaways from Senior Deputy Governor’s address : 1) in a world of low and neg interest rates, we have 200 bps less room to stimulate the economy as we’d traditionally do in a downturn, so having the right monetary & fiscal policies are key

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  10. Spoke to and their talks ARE streamed on FB, here's the link that I'll be sharing with my students for anyone interested:

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  11. As an aside, , are your talks live-streamed/recorded? I’d love to share Carolyn’s comments today with my Financial Markets students . We’ve an entire section on Central Banks, and there may or may not be questions about the on the midterm. 😉

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  12. Thanks again to Meaghan Daly for inviting me! Meaghan will be introducing today’s discussion, and Senior Deputy Governor Carolyn Wilkins. All three of us, by the way, are !

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  13. Looking forward to hearing from Senior Deputy Governor Carolyn Wilkins at today’s discussion on central bankingin a slow-growth world, and the economic headwinds facing Canada.

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  14. On a related hobbling note, I was reminded of how inaccessible the is today. Sherbourne station, for example, doesn’t have an elevator. It’s 2020, we need to do better.

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  15. It took longer than any of us would have liked, but we finally have gigabit internet! I’m grateful to the technicians who saw me hobbling & met me in my office as opposed to having me come out. , if there’s a recognition program, pls LMK, I’ll text them for their names! 🙏🏼

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  16. Gigabit internet is on its way! Soon, I’ll be able to stream lag free! 😉

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  18. How about our city leaders take an actual position on things, do what they are elected to do, and *lead*?

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  19. I thought his answer was fair and the interview seemed to be moving along... until his comms staffer(s?) interrupted and abruptly ended the interview. 🤷🏻‍♂️

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  20. Hey , just wanted to say that Alejandro Baruzzi at Br 1020 has been legendary. We had an issue that he skillfully navigated, and found a solution for. All needs met.

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