Climate change and Canada’s economic future
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Climate change—as well as action to address it—has major implications for Canada’s economy and financial system and poses important risks and uncertainties to the outlook. At the same time, economic and financial considerations are an integral part of efforts to limit climate change. In particular, developing green finance at the global level will help support the transition to a lower-carbon future. Deputy Governor Tim Lane will discuss these issues from the Bank of Canada’s perspective.
Climate change—as well as action to address it—has major implications for Canada’s economy and financial system and poses important risks and uncertainties to the outlook. At the same time, economic and financial considerations are an integral part of efforts to limit climate change. In particular, developing green finance at the global level will help support the transition to a lower-carbon future. Deputy Governor Tim Lane will discuss these issues from the Bank of Canada’s perspective.
Timothy Lane
Timothy Lane was appointed Deputy Governor of the Bank of Canada, effective February 2009. In this capacity, he is responsible for overseeing the Bank’s analysis of international economic developments in support of monetary policy decisions. As a member of the Bank’s Governing Council, he shares responsibility for decisions with respect to monetary policy and financial system stability, and for setting the strategic direction of the Bank.
Mr. Lane joined the Bank of Canada in August 2008 as an Adviser to the Governor. Prior to that, he served for 20 years on the staff of the International Monetary Fund (IMF) in Washington, DC. He has undertaken research on a wide range of topics, including monetary policy, financial crises, IMF reform, and economic transition. During 2004-05, Mr. Lane was an Oliver Smithies Visiting Fellow of Balliol College at the University of Oxford. He also served as Assistant Professor of Economics at Michigan State University (1984-88) and at the University of Iowa (1983-84).
Born in Ottawa, Mr. Lane received a BA (honours) from Carleton University in 1977 and a PhD in economics from the University of Western Ontario in 1983.
Roger Beauchemin
Roger Beauchemin is responsible for the development and deployment of Addenda Capital’s business strategy and operations. He also chairs the Executive Committee and joined Addenda Capital’s Board of Directors in 2015.
Roger joined the Addenda Capital team as Chief Operating Officer and Chief Financial Officer (2013-2014) before being appointed President and Chief Operating Officer (2014-2015). He previously worked at McLean Budden Limited (1999-2011), holding several senior management positions before being appointed President and Chief Executive Officer in 2008. In that capacity, he led the sale of the minority interests of the company's management team at Sun Life to allow the merger of MFS and McLean Budden. Roger also worked as an Investment Advisor at L.B.G. Capital, a division of Lévesque Beaubien Geoffrion (1997-1999), and as Project Manager at Groupe Columbia (1992-1997).
Roger holds a Bachelor’s degree in Economics from McGill University (1992) and holds the Chartered Financial Analyst (CFA®) designation. He is also a member of the Young Presidents’ Organization (YPO).