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Financial Services Research Initiative

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The financial services sector would be a vital component of the Canadian economy if measured according to its output and employment alone. It is more than that, however, because the efficiency and effectiveness of the financial sector is critical to economy-wide performance. The financial sector constitutes the infrastructure of commerce; financial intermediation is also the mechanism that facilitates risk-sharing and risk mitigation, as well as regional and intertemporal exchange of financial assets and obligations. These factors warrant special attention to the policy influences on the financial sector’s performance.

The C.D. Howe Institute’s Financial Services Research Initiative is a multi-year program organized by the Institute to report and advise on financial sector policy. Its unique work program addresses the economic environment within which financial intermediation takes place, the regulatory environment, and the future of financial intermediation. The Initiative is informed by regular meetings of experts in the sector, policymakers and supporters engaged in the financial services sector, including financial intermediaries, securities market participants and their regulators, among others. The Initiative is chaired by Nicholas Le Pan, former Superintendent of Financial Institutions for Canada. The Initiative publishes research by prominent scholars from academia, associations, and the private and public sectors.

Chair

Nicholas Le Pan
Former Superintendent of Financial Institutions, Canada; Director, CIBC

Members

Terry Campbell
Terry Campbell
President, Canadian Bankers Association
Frank Chong
Acting Superintendent and CEO, Financial Institutions Commission B.C.
Gérald Cossette
Director, Financial Transactions and Reports Analysis Centre of Canada
David D’Amour
Director, Housing Finance Policy and Research, Canada Mortgage and Housing Corporation
Pascal Dessureault
Pascal Dessureault
Director, Communications and Public Affairs, Intact Financial
Chris Donnelly
VP & Counsel, Industry, Regulatory and Government Affairs
Janet Ecker
Janet Ecker
Former Minister of Finance, Ontario; President and CEO, Toronto Financial Services Alliance
Don Forgeron
Don Forgeron
President and CEO, Insurance Bureau of Canada
Stephen Frank
Stephen Frank
President, Canadian Life and Health Insurance Association Inc.
Blake C. Goldring, M.S.M., CFA
Blake C. Goldring, M.S.M., CFA
Chairman & CEO, AGF Management Ltd.
Peter Hall
Peter Hall
VP and Chief Economist, Export Development Canada
Gail Harding
Gail Harding
SVP, General Counsel and Corporate Secretary, Canadian Western Bank
Philip Howell
Former CEO and Superintendent of Financial Services, Financial Services Commission of Ontario
Sheryl Kennedy
Sheryl Kennedy
Chief Executive Officer, Promontory Financial Group Canada
Andrew J. Kriegler
Andrew J. Kriegler
President and CEO, Investment Industry Regulatory Organization of Canada
Peter Levitt
Executive Vice President & Treasurer, CIBC
David Longworth
Former Deputy Governor, Bank of Canada; Adjunct Professor, Queen's University and Carleton University
Winsor MacDonell
SVP, General Counsel & Secretary, Genworth Canada
Monica Masciantonio
Director of Government Affairs, Scotiabank
Howie Millard
Howie Millard
Associate Vice President, Government Relations, TD Bank Group
Edward P. Neufeld
Former Assistant Deputy Minister of Finance, Canada; former Executive VP and Chief Economist, RBC
Marc-André Pigeon
Director, Financial Sector Policy, Canadian Credit Union Association
Greg Pollock
Greg Pollock
President and CEO, Advocis
Pierre Siklos
Professor of Economics, Wilfrid Laurier University
Jennifer Sloan
Vice President, Public Policy, MasterCard Canada
Rob Stewart
Associate Deputy Minister, Department of Finance Canada
Kevin Regan
EVP of Finance and Chief Financial Officer, IGM Financial Inc.
Kurt Reiman
Kurt Reiman
Chief Investment Strategist, BlackRock Canada
Robert Vokes
Robert Vokes
Managing Director of Financial Services for Canada, Accenture
David Wai
Assistant Deputy Minister, Financial Services Policy Division, Ontario Ministry of Finance
Canada Deposit Insurance Corporation
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© 2014 C.D. Howe Institute. All Rights Reserved.