Canada’s latest federal budget may have had more than $31 billion in new spending measures, but the government’s commitments were more restrained than many had expected. Douglas Porter, BMO’s Chief Economist and John Waters, Vice President, Director of Tax Consulting Services at BMO Private Wealth, will review the impact of the second largest deficit on record, spending priorities, rising interest rates and roaring inflation.
No Charge for EPCC Members
Douglas Porter, CFA - Chief Economist BMO
Douglas has over 30 years of experience analyzing global economies and financial markets. As chief economist at BMO Financial Group, he oversees the macroeconomic and financial market forecasts and co-authors the firm’s weekly flagship publication, Focus. Douglas manages the team that won the prestigious Lawrence Klein award for forecast accuracy of the U.S. economy, and was named by Bloomberg as top Canadian forecaster. As a respected commentator on economic and financial trends, he is regularly quoted in the national press and often interviewed on radio and television.
Before joining BMO, Douglas held the positions of economist and country risk analyst with other Canadian financial institutions, and also worked at the Bank of Canada.
John Waters, CPA, CA, CFP, TEP
Vice President, Director of Tax Consulting Services at BMO Private Wealth
John is responsible for the strategic oversight of Tax & Estate Planning at BMO Wealth Management, and leads a team of specialists who support Investment Advisors by providing HNW clients with practical tax and legal guidance in the context of a broader wealth plan. Collectively, they deliver innovative, client-focused solutions, helping partners further cement their relationships with affluent individuals, business owners and families.Drawing on more than two decades of tax planning expertise, John is a trusted resource – leading high-level planning discussions, presenting tax seminars on evolving issues, and writing timely client-facing commentaries on emerging tax and estate planning developments. A recognized subject matter expert for the mainstream media, he has also consulted on developing Canadian tax legislation – all driven by a passion for resolving complex tax situations.