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Financial Services Sector Forum Program
Westin Bayshore HotelPermanent link to this section
9:00 am – 6:00 pm, June 12, 2023Permanent link to this section
Registration OpensPermanent link to this section
8:30 — 9:00 amPermanent link to this section
Forum OpenPermanent link to this section
Traditional Welcome
Chief Chepximiya Siyam’ Janice George, Chief of the Squamish NationOpening Remarks
Saskia Tolsma, Vice President, Policy and Stakeholder Engagement, BCFSA9:00 — 9:20 amPermanent link to this section
Welcome RemarksPermanent link to this section
Dr. Stanley Hamilton, Board Chair, BCFSA
9:20 — 9:30 amPermanent link to this section
Fireside ChatPermanent link to this section
BCFSA and B.C.’s Financial Services Sector: Past, Present, and FuturePermanent link to this section
Not only has B.C.’s financial services sector seen significant change in the past few years, so has its regulator. BCFSA CEO Blair Morrison will sit down with veteran journalist Rob Shaw of Chek News to discuss BCFSA’s transformational journey to becoming a modern, effective and efficient regulator in the context of the changing environment – and take a look at what’s ahead for the financial services sector and its regulator.
Blair Morrison, CEO, BCFSA
Moderator: Rob Shaw, Political Correspondent, Chek News9:30 — 10:15 amPermanent link to this section
Morning Refreshment BreakPermanent link to this section
10:15 — 10:30 amPermanent link to this section
KeynotePermanent link to this section
Navigating Today’s Global Economic TrendsPermanent link to this section
The global economy is increasingly volatile. This keynote presentation from leading economic speaker Todd Hirsch will weave together a number of trend drivers, such as the impacts of the pandemic, inflation and interest rate increases, housing, and climate change, and help us see the big picture of how the Canadian and B.C. economies are evolving.
Todd Hirsch, The Modern Economist, Speaker, Author
Moderator: Pam Skinner, Senior Vice President, Education, Licensing and CUDIC Operations, BCFSA10:30 — 11:15 amPermanent link to this section
Panel DiscussionPermanent link to this section
Building Resilience in B.C.’s EconomyPermanent link to this section
This session will examine current economic forces from a provincial lens, bringing together economists and community leaders to discuss the unique aspects of the B.C. economy, exploring how the financial services sector can meet the challenges of the future while continuing to serve British Columbians.
Jock Finlayson, Senior Policy Advisor, Business Council of British Columbia
Geordie Hungerford, CEO, First Nations Financial Management Board
Bryan Yu, Chief Economist, Central 1
Moderator: Derrick Lau, Vice President, Supervision, BCFSA11:15 am — 12:15 pmPermanent link to this section
12:15 — 1:00 pmPermanent link to this section
Fireside Chat Permanent link to this section
Regulatory and Government Priorities in Uncertain TimesPermanent link to this section
Government and regulators play an instrumental role in building and supporting a strong, sustainable, resilient financial services sector. Blair Morrison, CEO of BCFSA, in conversation with Don Wright, senior counsel at Global Public Affairs and member of BCFSA’s Board of Directors, will discuss the challenges and opportunities ahead for the province and the sector. Drawing on his experience as former Deputy Minister to the Premier, Cabinet Secretary and Head of the Public Service of B.C., Don will share insights on the Government’s priorities.
Don Wright, Senior Counsel – Global Public Affairs, BCFSA Board of Directors
Blair Morrison, CEO, BCFSA1:00 — 1:30 pmPermanent link to this section
KeynotePermanent link to this section
Digital Transformation of Financial Services: Risks and OpportunitiesPermanent link to this section
Digital technologies have the potential to reshape the future of financial services. Consumer expectations are continuing to drive change, along with technological innovation which fosters new platforms, intermediaries, and distribution channels. Hear about the implications and pace of these changes for the financial services sector and for its regulation.
Hwan Kim, Director, Consulting, Deloitte
Moderator: Saskia Tolsma, Vice President, Policy and Stakeholder Engagement, BCFSA1:30 — 2:15 pmPermanent link to this section
Panel DiscussionPermanent link to this section
The Future of Housing in B.C.Permanent link to this section
The social and economic impacts of B.C.’s ever–shifting real estate market cannot be understated. In this roundtable discussion bringing together government and industry experts, you’ll hear about the vision for the future of housing in B.C., the impacts for lenders, developers, and others in the financial services sector, and how we can work together to build a successful, sustainable future.
Sarah Alexander, Director, Real Estate and Business Operations, City of Burnaby
Brendon Ogmundson, Chief Economist, British Columbia Real Estate Association
Jennifer Podmore Russell, Vice President, Advisory, Rennie
Tsur Somerville, Associate Professor & Real Estate Foundation Professorship of Real Estate, Sauder School of Business, UBC
Moderator: Thomas Taller, Director, Policy, BCFSA2:15- 3:00 pmPermanent link to this section
Afternoon Energy BreakPermanent link to this section
3:00 — 3:15 pmPermanent link to this section
Panel DiscussionPermanent link to this section
Future Proofing: What Does a Climate Ready Financial Sector Look Like?Permanent link to this section
Heat domes, forest fires, atmospheric rivers: the realities of climate change are here. Adapting and becoming more resilient to the risks posed by climate change and natural catastrophes will require innovation of unprecedented scale and speed. This panel will consider the potential impacts of climate change on B.C.’s financial services sector and consumers, and the regulator’s role in ensuring climate and natural catastrophe risks are well–managed.
Kathryn Bakos, Director, Climate Finance and Science at Intact Centre on Climate Adaptation
Chris Chopik, REALTOR®, Sotheby’s International Realty Canada
Moderator: Rob O’Brien, Manager, Policy, BCFSA3:15 — 4:00 pmPermanent link to this section
Closing RemarksPermanent link to this section
Michael McKnight, President and CEO, United Way British Columbia
Blair Morrison, CEO, BCFSA4:00 — 4:30 pmPermanent link to this section
Cocktail Networking ReceptionPermanent link to this section
Cash Bar