The Truth and Reconciliation Commission ten years out: A conversation with commissioner Marie Wilson
Just over a decade ago, the Truth and Reconciliation Commission (TRC) released its Final Report into Canada’s Residential School System, including its 94 Calls to Action and 10 Principles of Reconciliation. This episode we’ll hear about the legacy of the TRC 10 years later with one of the three commissioners, Marie Wilson. She’ll tell Myan Marcen-Gaudaur, Scotiabank’s Director of Indigenous Relations and Reconciliation, about her time as a commissioner, the state of reconciliation over the past 10 years, the progress on the 94 Calls to Action and more.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures
Key moments this episode:
3:05 – Marie describes the work she did with the TRC and explains why 10 years later many might be unaware
10:09 – The importance of starting with the ‘why’ when it comes to reconciliation
13:57 – What did Marie see as the potential for her work 10 years ago?
18:17 – How much progress has Marie seen in the last 10 years?
27:48 – Where the title of Marie’s book, North of Nowhere: Song of a Truth and Reconciliation Commissioner came from
29:55 – Where the inspiration for writing a book came from
32:27 – What role Marie sees her book playing in Canada’s collective commitment to reconciliation
38:47 – What advice Marie would give to Scotiabank as they continue on the path of reconciliation
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45:21
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45:21
Avoid the latest scams with these expert tips
In this episode, we have two experts to break down the latest scams and tell us how to avoid falling victim. From bank impersonation scams to AI and even old-fashioned door-to-door grifts, Detective Constable Valerie Dahan from Toronto Police Service and Aaron McAllister, Vice President of Fraud Threat Management at Scotiabank, run down the red flags and what to do if you suspect you, a loved one or a neighbour might be a victim.
For more fraud prevention resources, check out Scotiabank’s Cybersecurity and Fraud Hub.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures
Key moments this episode:
2:02 – Val tells us about her role at Toronto Police Services and an overview of the scams landscape right now
3:23 – Aaron gives us his overall take on the current state of scams
4:11 – Broader context about scams and how they are often perpetrated by overseas victims of human trafficking
8:07 – A deeper dive into specific scams starting with impersonation scams, specifically bank impersonation scams
13:24 – Val breaks down romance scams and the psychology behind them that makes them so potent
20:07 – What are home improvement scams and what should people look out for?
22:26 – Are seniors targeted more often with scams?
23:13 – Some final tips on how people can protect themselves
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27:09
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27:09
What the first rate cut since March tells us about the economy
Some welcome relief has come for consumers and businesses as the Bank of Canada has decided to lower its key policy rate by 25 basis points to 2.5%, marking the first cut since March.
Scotiabank’s Chief Economist Jean-François Perrault is back to explain what drove the central bank’s decision, what it says about the state of the economy, why we “aren’t out of the woods” yet on inflation, the odds of another cut this year, and much more.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures
Key moments this episode:
00:53 - JF’s main takeaway from the Bank of Canada’s decision to cut its key policy rate
1:53 - What does this say about the state of the economy?
2:28 - How much of an impact does a cut of 25 basis points have on the economy? (And why another cut is likely)
5:08 - With counter-tariffs on the U.S. largely eliminated, what is driving inflation in Canada now? What is keeping inflation higher than hoped?
7:39 - What does JF see for the economy ahead, given all the uncertainties?
9:14 - With a federal budget to be announced in November, what could this influx of government spending mean for the economy and inflation?
12:33 - How will this 25 basis point cut impact households, individuals, and businesses? And why mortgage borrowers are most likely to feel the impact
14:14 - Will lowering interest rates and making it easier for consumers to buy a house drive up prices and inflation?
15:16 - Why JF expects the Bank of Canada to cut again before the end of the year – but then possibly start to reverse them next year
16:26 - JF’s main takeaways for Canadians from the central bank’s announcement
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18:00
Breaking down 5 key stats to help you interpret the economy
The economy seems to be top of mind for most Canadians’ right now. But it can be hard to understand which stats actually matter and what they mean for us. So, Scotiabank Senior Economist Farah Omran is back this episode to break down five key economic indicators to help you better interpret the state of the economy and understand the headlines.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures
Key moments this episode:
1:44 – Why understanding economic indicators is especially important now
2:19 – Indicator #1: Inflation
6:35 – Indicator #2: GDP growth
10:41 – Indicator #3: Unemployment rate
13:55 – Indicator #4: Bank of Canada policy rate
18:25 – Indicator #5: Housing prices
21:17 – Bonus indicator: Productivity
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26:05
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26:05
Bank of Canada holds rate for third time as Canadian economy shows resilience
The Bank of Canada has decided to hold its key policy rate steady at 2.75%, for the third consecutive time, amid ongoing trade uncertainty.
Scotiabank’s Chief Economist Jean-François Perrault returns to break down the central bank’s decision to hold once again, how Canada’s economy has been stronger than anticipated, possible economic scenarios ahead, and much more.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures
Key moments this episode:
1:10 - JF’s main takeaway from the decision
1:35 - Did we learn anything from the Bank of Canada’s commentary or outlook?
2:31 - Was a hold the right call in JF’s view?
3:16 - JF walks us through the Bank of Canada’s three possible economic scenarios ahead
5:18 - What scenario does JF think is most likely?
5:55 - How unusual is it for the Bank of Canada to not have an economic forecast?
7:14 - What is the current state of Canada’s economy?
9:30 - A breakdown of Canada’s “unbelievable” employment numbers
10:34 - Which sectors are feeling the impact of trade uncertainty the most?
12:17 - Scotiabank Economics’ outlook for rate decisions for the rest of 2025
15:07 - What’s happening in Canada’s housing market?
16:54 - JF’s main takeaways for Canadians from the Bank of Canada’s decision and outlook?
Each week we help break down the important economic issues on Canadians’ minds. With our unique access to leading experts, timely insights and helpful explainers, we navigate the latest in the world of finance, housing, business, the markets — and more.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures
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