• About
  • Offices
  • Careers
  • News
  • Students
  • Alumni
  • Payments
  • EN | FR
Background Image
Bennett Jones Logo
  • People
  • Expertise
  • Knowledge
  • Search
  • FR Menu
  • Search Mobile
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
View all
Practices
Corporate Litigation Regulatory Tax View all
Industries
Energy Infrastructure Mining Private Equity & Investment Funds View all
Advisory
Crisis & Risk Management Public Policy
View Client Work
International Experience
Insights News Events Subscribe
Arbitration Angle Artificial Intelligence Insights Business Law Talks Podcast Class Actions: Looking Forward Class Action Quick Takes
Economic Outlook New Energy Economy Series Private Equity Briefings Quarterly Fintech Insights Quarterly M&A Insights
Sustainability & the CIO
People
Offices
About
Practices
Industries
Advisory Services
Client Work
Insights
News
Events
Careers
Law Students
Alumni
Payments
Search
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
 

Former Central Bank Governor Warns Canada Faces More Austere Future

September 28, 2023

The Epoch Times writes about David Dodge testifying before the House of Commons finance committee and telling members that in the coming years, Canadians at every level of society will be facing financial challenges and making sacrifices.

“However unpalatable such curtailment may be, failure to invest in adaptation will condemn Canadians to a much more unpleasant future,” David said.

He pointed to four elements of “structural change” facing the country.

First, he said, an aging population will require more spending on care for the elderly. Second, climate change will require more spending on adaptive measures, as well as on the reduction of greenhouse gas emissions.

Third, the fragmentation of global markets means Canada will have to produce more of its own goods, rather than buying from other countries. Fourth is artificial intelligence (AI).

And at the same time all of this is happening, David said debt levels are high, both for individuals and governments, and savings are weak.

The full article is available here.

Related Links

  • Insights
  • Media
  • Subscribe

Related Expertise

  • Banks & Financial Institutions
  • Governmental Affairs & Public Policy

Recent Posts

Announcements

Natalia Iamundo Wins Mondaq Thought Leadership Award

August 28, 2025
       

Client Work

Bennett Jones Advises Osisko Development on US$650 Million Financing Package for Cariboo Gold Project

August 20, 2025
       

Announcements

Dominique Hussey, Melanie Teetaert and Cheryl Woodin Recognized in Benchmark's Top 100 Women in Litigation

August 14, 2025
       

Announcements

Lamont Bartlett and Katherine Booth Ranked in 2025 Benchmark Litigation 40 & Under Hot List

August 14, 2025
       

Articles

Canadian Mining Journal: Deep Sea Mining Takes the International Stage

August 14, 2025
       

Client Work

J.S. Held Acquires GHL Consultants, Further Expanding in Canada

August 12, 2025
       

In The News

Serge Dupont on CBC’s The House on Canada’s Climate Goals – Aspirations and Reality

August 11, 2025
       

In The News

One Canadian Economy Act: Growing the Energy Sector Together

August 07, 2025
       

Announcements

Twenty-Five Bennett Jones Lawyers Ranked in Lexpert's Special Edition on Energy

August 06, 2025
       
Bennett Jones Centennial Footer
Bennett Jones Centennial Footer
About
  • Leadership
  • Diversity
  • Community
  • Innovation
  • Security
Offices
  • Calgary
  • Edmonton
  • Montréal
  • Ottawa
  • Toronto
  • Vancouver
  • New York
Connect
  • Insights
  • News
  • Events
  • Careers
  • Students
  • Alumni
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
© Bennett Jones LLP 2025. All rights reserved.
  • Privacy Policy
  • Disclaimer
  • Terms of Use
Logo Bennett Jones