Recently the WMCO hosted an interactive Virtual Networking Event with breakout groups and a keynote featuring an Economic Update & Outlook by CME’s Chief Economist Alan Arcand.
WMCO hosted the event on the interactive platform Wonder, which allowed guests to move around the virtual space, networking with everyone freely.
Opening the event, Arcand described Canada’s current economic environment as continuing to evolve and transform through supply chain disruptions, labour markets, and other macroeconomic influences.
(Above) Alan Arcand, CME’s Chief Economist
During the presentation, Alan shared insight into the tight labour market and trends in unemployment rates, wage growth, and outlook for the next decade of where labour demand will see its influences.
Arcand continued to describe the current pressures and influencers to the CPI index and put into perspective how the Bank of Canada’s inflation targets are comparing and what that means looking forward for the Canadian economy.
(Above) Arcand describes Canada’s lagging recovery compared to the United States.
Following the economic presentation, attendees were presented with three breakout groups featuring supply chain updates on Hardware from Evan Smith, Berenson Inc.; Wood Coatings from Brent Fischer, CCI Finishworks and a first-hand insight from Kris Van Solen, Cutting Edge CNC on a business system known as “Entrepreneurial Operating System (EOS).”
(Above) Evan Smith spoke on supply chain current affairs with various attendees from one breakout group discussion.
To see the full Economic Update and Outlook keynote, WMCO members can log in to www.wmco.ca/pastevents to watch the presentation on-demand and other past events.
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