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BDC Economic Outlook: What's in store?

Join Pierre Cléroux, Vice President, Research and Chief Economist at BDC—Canada's bank for entrepreneurs—for an overview of the economy, here and abroad, and where it’s headed. Learn how the higher interest rates and the looming economic slowdown are changing our business environment and discover how entrepreneurs can forge a path forward in a context still marked by labour shortages and global uncertainties.

Pierre Cléroux, Vice President, Research and Chief Economist, BDC

 Pierre Cléroux was appointed Vice President, Research and Chief Economist at BDC in 2012. 

 Pierre leads a team of experts who analyze economic data to identify business and sector trends impacting Canadian entrepreneurs. A seasoned speaker, he helps business owners understand the risks and opportunities presented by the economic environment.    

 Mr. Cléroux is also responsible for providing economic analysis and advice to the Bank’s senior management team and supervises all marketing and industry research activities.

Over his 25-year career as an economist, he has held several influential positions that had a direct impact on entrepreneurs in Canada and abroad.

 Before joining BDC, Pierre worked for the Government of Saudi Arabia as Vice President, Business Analysis in the National Industry Clusters Development Program. Previously, Mr. Cléroux was the Quebec Assistant Deputy Minister for Economic Development, Innovation and Export Trade, responsible for the implementation of economic policies and programs to support small and medium-sized businesses and encourage entrepreneurship. 

 He holds a Bachelor of Arts and a master’s degree in Economics from Laval University, as well as an MBA from the MIT Sloan School of Management.