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Economic Outlook 2021 Pandemic to paradigm shift V2

From pandemics to paradigm shifts in society and technology, 2020 has been an unprecedented year, and the outlook for 2021 and beyond is more important than ever.

Economic Outlook 2021, presented by ATB Financial, is on Tuesday, October 20 and will bring together top economists and political leaders to offer insights and perspectives on what to expect in the year ahead for Calgary, Alberta, Canada and the world.

Health protocols for COVID-19 mean Calgary’s premier economic forecast event each fall, which normally has more than 1,500 people attending, will be broadcast exclusively online this year.

The impact of the global pandemic on the economy, the acceleration of digital transformation in all sectors with COVID-19, and the impact of both on the workforce will be leading themes for Economic Outlook 2021.

In Calgary we face three challenges; an ongoing structural change in the oil and gas industry that was made worse by simultaneous supply (global price war) and demand (COVID lockdowns) shocks which disrupted not only the energy sector but the global economy. 

Todd Hirsch, Vice-President & Chief Economist at ATB Financial and Pierre Cléroux, Vice-President Research and Chief Economist at Business Development Bank of Canada (BDC), will deliver their forecasts for 2021 and detail the key elements of a recovery.

Calgary Mayor Naheed Nenshi and Doug Schweitzer, Alberta’s Minister of Jobs, Economy and Innovation will provide remarks about their top economic priorities.

Mary Moran, President and Chief Executive Officer for Calgary Economic Development will discuss the paradigm shift in our economy and how Calgary in the New Economy is the right economic strategy for our city in a COIVD-fueled era of digital transformation.

Tickets  and registration information are available online. All of the proceeds from this event will go to two local community service organizations: the Canadian Mental Health Association (Calgary Chapter) and the Calgary Food Bank.

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