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Renowned Harvard professor headlines global economic outlook event in Toronto

Communications, Public Affairs & Marketing

Apr 6/10| For Immediate Release


Angela Forster, Director, Marketing and Communications
Laurier School of Business & Economics
519-884-0710 ext. 3145 or


Kevin Crowley, Associate Director, News & Editorial
Wilfrid Laurier University
519-884-0710 ext. 3070 or

TORONTO – Dr. Jeffrey Frankel, Harpel professor of Capital Formation and Growth at Harvard’s Kennedy School of Government, and Dr. Sherry Cooper, executive vice-president and Global Economic Strategist at BMO Financial Group, will be the keynote speakers at Economic Outlook 2010: The Road Ahead, presented by the Laurier School of Business & Economics.

The event will be held Tuesday, April 20 at the Toronto Board of Trade, starting at 7:30 a.m.

Led by moderator Howard Green, host of BNN’s Headline and Market Call programs, this year’s event will examine the prospects for Canada’s economy amid U.S. attempts to forge an economic recovery and the rising importance of China and India in the global economy. The speakers can be expected to discuss the basis for sustained recovery in Canada, including the prospects for the loonie and employment.

“On the bright side, major banks are forecasting a recovery that is well underway in Canada this year, with GDP growth of around three per cent or higher predicted for 2010,” said Laurier economics professor Dr. Bill Morrison, organizer of the event. “Some of the more optimistic forecasts see the recovery continuing in 2011 and beyond, while those who are more bear-like still think there is time for the V-shaped recovery to turn flat or even sink back. Navigating the recovery road has never been more important that it is now."

In addition to his role at the Kennedy School of Government, Jeffrey Frankel directs the program in International Finance and Macroeconomics at the National Bureau of Economic Research, where he is also a member of the Business Cycle Dating Committee, which officially declares recessions. He served on former U.S. president Bill Clinton’s Council of Economic Advisers from 1996 to 1999. Previously, he was professor of economics at the University of California, Berkeley. Other past appointments include the Federal Reserve Board, Institute for International Economics, International Monetary Fund, and Yale University. He graduated from Swarthmore College and received his PhD from MIT.

As chief economist at BMO Capital Markets, Sherry Cooper forecasts global economic and financial market trends. She frequently offers economic analysis to the financial media and has written three books, including her latest, The New Retirement: How It Will Change Our Future. Cooper began her career at the Federal Reserve Board in Washington, D.C., and later held top positions at the Federal National Mortgage Association and at Burns Fry in Toronto.

Major sponsors for this year’s Economic Outlook event include the Laurier Centre for Economic Research and Policy Analysis, the Certified Management Accountants of Ontario, and BMO Financial Group.

Laurier’s School of Business & Economics has hosted the Toronto-based Economic Outlook event annually since 2008, and the Waterloo-based Economic Outlook speaker series since 1991. Topics have ranged from regional microeconomic and policy issues to the broader issues of international trade, globalization and macroeconomic forecasts of inflation, employment and economic growth.

Tickets for the April 20 event are $50. To register, please call 416-306-0866, or email Robyn Cook at


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