Jun 17, 2020
An internationally recognized economic policy leader and Governor of the Bank of Canada for the past seven years, Stephen Poloz is joining Osler, Hoskin & Harcourt LLP as a special advisor to the firm and its clients, effective August 1, 2020.
In the course of a remarkable 40 year career, Stephen has helmed Canada’s monetary policy and oversight of the operation of our financial system which also involved regular collaboration with his counterparts at the Bank for International Settlements. Stephen has worked closely with leaders of financial institutions, pension funds, and market regulators, and contributed to the global financial response to the COVID-19 pandemic. As President and Chief Executive Officer of Export Development Canada, he worked extensively with Canadian companies focused on international trade and supported Canadian investments in foreign countries as well as working with international buyers of Canadian exports. A key member of Canada’s delegation to the G7, G20, International Monetary Fund, Davos World Economic Forum and Basel international meetings, Stephen has influenced global economic policy and provided key advocacy for Canadian positions and businesses.
“As a highly respected economist and advisor to governments, business leaders and trade organizations, Stephen is well positioned to provide our clients with his strategic insights as they adapt their business strategies to meet the extraordinary challenges and opportunities ahead. And having guided Canada’s monetary response particularly through the turbulent period of the past six months, that experience has further demonstrated Stephen’s singular ability to convey complex financial and market information in an accessible and practical way” said Osler Managing Partner, Doug Bryce.
Shahir Guindi, Osler’s Co-Chair said: “Like many of our partners, I have the privilege of advising clients who are global private equity investors, high growth businesses, and other established Canadian and international companies. All of them are trying to understand Canada’s new and dynamic market realities for maintaining growth and engaging in international trade and development prospects. Stephen’s experience with the BOC and EDC brings added depth to his understanding of how companies will need to connect with others as they reengage with customers and navigate new rules and regulations both at home and abroad. We couldn’t be more delighted to have him join our firm.”
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