09.10 Registration and Coffee Room 206 CD (Mezzanine level)
09.10 Registration and Coffee Room 206 CD (Mezzanine level)
09.10 Registration and Coffee Room 206 CD (Mezzanine level)
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Tuesday 5 April<br />
08.10 – <strong>09.10</strong> <strong>Registration</strong> <strong>and</strong> <strong>Coffee</strong><br />
<strong>Room</strong> <strong>206</strong> <strong>CD</strong> (<strong>Mezzanine</strong> <strong>level</strong>)<br />
OPENING SESSIONS<br />
<strong>Room</strong> <strong>206</strong> AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
<strong>09.10</strong> – 09.20 Welcoming Remarks: Christopher Garnett, Director, Euromoney Conferences<br />
09.20 – 10.30 Panel I: Canada <strong>and</strong> the International Economic Crisis<br />
• What does the crisis mean for the Canadian economy?<br />
• How important is China to Canada?<br />
• Can China manage its growth successfully?<br />
• How important is it for Canada that China <strong>and</strong> the US establish a working relationship?<br />
• How susceptible is Canada to any rise in global protectionism?<br />
• What are the key trends in the commodity markets?<br />
• How important is any US recovery?<br />
• How important is that to Canada?<br />
• Does the Eurozone crisis matter to Canada?<br />
• Does Canada have any meaningful role to play in resolving global imbalances?<br />
Moderator: Christopher Garnett, Director, Euromoney Conferences<br />
Speakers: Paul Ashworth, Chief US Economist, Capital Economics<br />
Michael Gregory, Managing Director <strong>and</strong> Senior Economist, BMO Capital Markets<br />
Don Rich, Head of Tactical Asset Allocation, Manulife Asset Management, Manulife Financial<br />
Andrew Spence, Global Head of Research, TD Securities<br />
Carl Weinberg, Chief Economist, High Frequency Economics<br />
10.30 – 10.45 Keynote Speaker: The Hon. Jim Prentice, Senior Executive Vice President <strong>and</strong> Vice Chairman, CIBC<br />
10.45 – 11.05 <strong>Coffee</strong> Break<br />
11.05 – 11.50 Workshop A<br />
Introduced by: Christopher Garnett, Director, Euromoney Conferences<br />
<strong>Room</strong> <strong>206</strong> <strong>CD</strong> (<strong>Mezzanine</strong> <strong>level</strong>)<br />
Hosted by: RBC Capital Markets<br />
Economic Prospects for Europe <strong>and</strong> the Future of the<br />
Union<br />
<strong>Room</strong> <strong>206</strong> AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
• What does the new ‘Pact for the Euro’ mean?<br />
• What are the economic <strong>and</strong> fiscal challenges facing<br />
European economies?<br />
• What are the policy <strong>and</strong> market implications?<br />
Speaker: Jens Larsen, Chief European Economist, RBC<br />
Capital Markets<br />
Workshop B<br />
Hosted by: BMO Capital Markets<br />
Securitization in Canada: Past, Present <strong>and</strong> Future<br />
<strong>Room</strong> 200AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
• Why is securitization important?<br />
• What effect did the international economic crisis<br />
have on the Canadian securitization market?<br />
• How has your use of this financing tool changed in<br />
the past few years? What impact has this had?<br />
• What is the future of securitization in the Canadian<br />
market?<br />
Moderator: Chris Romano, Managing Director, BMO Capital<br />
Markets<br />
Speaker: Jason Ellis, Managing Director, Capital Markets,<br />
First National<br />
Jerry Marriott, Managing Director, Canadian Structured<br />
Finance, DBRS Limited<br />
Paul S<strong>and</strong>hu, Vice President <strong>and</strong> Director, Marret Asset<br />
Management Inc.
11.55 – 12.40 Workshop C<br />
Hosted by: TD Securities<br />
The Emergence of the Canadian High Yield Market – Why<br />
it Benefits Canadian Issuers <strong>and</strong> Investors<br />
<strong>Room</strong> <strong>206</strong> AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
• The role of high yield debt in an issuer’s capital<br />
structure<br />
• The risk-return proposition for investors<br />
• Comparison of Canadian <strong>and</strong> US markets<br />
Moderator: Michael Wolff, Managing Director, Head of<br />
Canadian High Yield, TD Securities<br />
Speakers: Barry Allan, Founder <strong>and</strong> Chief Executive Officer,<br />
Marret Asset Management Inc.<br />
Dan Bastasic, Senior Vice President, Investments, Co-Lead,<br />
Sentinel Investment Team, Mackenzie Financial<br />
Tom Peddie, Executive Vice President <strong>and</strong> Chief Financial<br />
Officer, Corus Entertainment Inc.<br />
Jean-François Pruneau, Chief Financial Officer, Quebecor<br />
Media Inc.<br />
Workshop D<br />
12.40 – 13.30 Panel II: Canada – Recasting the International Financial Architecture?<br />
13.30 – 14.40 Lunch<br />
<strong>Room</strong> <strong>206</strong> AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
Hosted by: Desjardins Securities<br />
The Impact of Basel III <strong>and</strong> OSFI Capital Pronouncements<br />
on the Canadian Capital Markets<br />
<strong>Room</strong> 200AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
• The Canadian banks are the largest<br />
participants/issuers in the Canadian capital markets;<br />
How will Basel III impact what is issued, how much<br />
is issued <strong>and</strong> where it is issued in the future?<br />
• How will the rules change the way in which banks<br />
do business?<br />
• OSFI has made its own pronouncements in the last<br />
year; What will be the new face of Canadian<br />
contingent capital?<br />
• What are the most important aspects?<br />
• How do we compare to the rest of the world in<br />
implementation?<br />
• How will the new pronouncements be applied?<br />
Moderator: Leon Dadoun, President, DSI Bodiam Financial<br />
Speakers: Michael Goldberg, Vice President <strong>and</strong> Director,<br />
Research, Banks <strong>and</strong> Diversified Financials/Insurance<br />
Analyst, Desjardins Capital Markets<br />
Julian Pope, Vice President <strong>and</strong> Director, Head of Credit<br />
Trading, Desjardins Capital Markets<br />
• What role can Canada play in the recasting of the international financial architecture?<br />
• Role model or bit-part player?<br />
• Where do Canada’s banks fit in the global capital adequacy regime?<br />
• How can Canada best leverage international relationships to achieve its goals?<br />
• What does Canada have to teach other countries – <strong>and</strong> multilateral organisations – about governance?<br />
• Does not having a single securities regulator damage Canada’s credibility?<br />
• How can Canada ensure that its banking system remains competitive in the face of international regulatory<br />
changes?<br />
Moderator: Janet Guttsman, Bureau Chief, Canada, Thomson Reuters<br />
Speakers: Andrew Fleming, Senior Partner, Ogilvy Renault<br />
Donald Hathaway, Interim Chief Executive Officer, Global Risk Institute (GRI)<br />
John Kirton, Director of G8 Research Group, Associate Professor of Political Science, Research Associate of the Centre for<br />
International Studies, <strong>and</strong> Fellow of Trinity College, University of Toronto<br />
Matthew Richardson, Charles Simon Professor, Applied Financial Economics, <strong>and</strong> Director, Salomon Center for the Study of<br />
Financial Institutions, NYU Stern School of Business<br />
The Lakeside <strong>Room</strong> (Main Floor)<br />
AFTERNOON SESSIONS<br />
<strong>Room</strong> <strong>206</strong> AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
14.40 – 15.05 Keynote Interview: The Hon. Dwight Duncan, Minister of Finance <strong>and</strong> Chair of the Management Board of the Cabinet,<br />
Government of Ontario<br />
Interviewed by: Andrew Lennon, Conference Director, Euromoney Conferences
15.10 – 16.15<br />
Panel III: Infrastructure<br />
16.15– 16.45 <strong>Coffee</strong> Break<br />
• What is the best method of financing the country’s infrastructure needs?<br />
• The use of the financial markets<br />
• The involvement of the government<br />
• The role of P3s<br />
• Best practice<br />
• Green infrastructure projects<br />
• A case study<br />
Moderator: Andrew Lennon, Conference Director, Euromoney Conferences<br />
Speakers: Simon Chapman, Executive Vice President, Infrastructure Development, Carillion Canada<br />
Bert Clark, Managing Director <strong>and</strong> Head US <strong>and</strong> Canada, Global Infrastructure Finance, Scotia Capital<br />
Cliff Inskip, Managing Director, Head of Infrastructure <strong>and</strong> Project Finance, Debt Capital Markets, CIBC<br />
John McBride, Chief Executive Officer, PPP Canada<br />
Martin Stickl<strong>and</strong>, Senior Vice President, Plenary Group<br />
<strong>Room</strong> <strong>206</strong> <strong>CD</strong> (<strong>Mezzanine</strong> <strong>level</strong>)<br />
16.45 – 17.35 Panel IV: Corporate Financing<br />
• What is the outlook for corporate Canada in the aftermath of the global economic crisis?<br />
• Where are the key funding requirements?<br />
Moderator: Christopher Garnett, Director, Euromoney Conferences<br />
Speakers: Andrew Baranowsky, Senior Director, Corporate Finance <strong>and</strong> Financial Risk Management, Bombardier<br />
Eric Castonguay, Managing Director, PricewaterhouseCoopers Corporate Finance<br />
Paul Stinis, Senior Vice President <strong>and</strong> Treasurer, BCE Inc <strong>and</strong> Bell Canada<br />
Ali Suleman, Vice President <strong>and</strong> Treasurer, Hydro One<br />
17.35 – 19.00 Cocktail Reception - All conference participants are invited to attend<br />
Wednesday 6 April<br />
<strong>Room</strong> <strong>206</strong><strong>CD</strong> (<strong>Mezzanine</strong> <strong>level</strong>)<br />
08.30 – <strong>09.10</strong> <strong>Registration</strong> <strong>and</strong> <strong>Coffee</strong><br />
<strong>Room</strong> <strong>206</strong> <strong>CD</strong> (<strong>Mezzanine</strong> <strong>level</strong>)<br />
OPENINGSESSION<br />
<strong>Room</strong> <strong>206</strong> AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
<strong>09.10</strong> – 09.20 Welcoming Remarks: Christopher Garnett, Director, Euromoney Conferences<br />
09.20 – 09.45 Keynote Interview: What about the Eurozone?<br />
Interview with Nicolas Véron, Senior Fellow, Bruegel, <strong>and</strong> Visiting Fellow, Peterson Institute for International<br />
Economics<br />
Interviewed by: Christopher Garnett, Director, Euromoney Conferences<br />
09.45 – 10.40 Panel V: Banking – The Example to Follow?<br />
• How will the Canadian banks take advantage of their strong position?<br />
• What are the funding needs of the Canadian banking sector?<br />
• How will Canada’s banks finance global growth?<br />
• How will Canadian banks <strong>and</strong> insurers manage liquidity?<br />
• What are the financing needs of the non-bank financial sector?<br />
• What are the specific funding, investment, risk <strong>and</strong> liability management needs of Canada’s insurers?<br />
Moderator: Peter Berezin, Managing Editor, The Bank Credit Analyst (BCA)<br />
Speakers: David Dickinson, Vice President, Treasury Financing, CIBC<br />
Michael Goldberg, Vice President <strong>and</strong> Director, Research, Banks <strong>and</strong> Diversified Financials/Insurance Analyst, Desjardins<br />
Capital Markets<br />
Chris Hughes, Vice President, Capital Management <strong>and</strong> Funding, BMO Financial Group<br />
Craig Lowery, Vice President, Treasury <strong>and</strong> Balance Sheet Management, TD Bank Financial Group<br />
David Power, Vice President, Market Strategy <strong>and</strong> Execution, Corporate Treasury, RBC<br />
Nicolas Véron, Senior Fellow, Bruegel, <strong>and</strong> Visiting Fellow, Peterson Institute for International Economics
10.45 – 11.30 Workshop E<br />
Hosted by: Deutsche Bank<br />
11.30 – 12.05 <strong>Coffee</strong> Break<br />
Piecing Together Global Derivatives Reform in 2011<br />
<strong>Room</strong> <strong>206</strong> AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
• Update on process <strong>and</strong> timing<br />
• Comparative review of global derivative reform<br />
efforts in the Americas, Europe <strong>and</strong> Asia<br />
• Focus on US derivatives regulatory proposals<br />
regarding the regulation of dealers, market<br />
participants, central clearing, exchange trading <strong>and</strong><br />
post-trade reporting<br />
• Review of key outst<strong>and</strong>ing questions still to be<br />
addressed<br />
Speaker: Robert Lee, Director, Global Markets, Deutsche<br />
Bank<br />
<strong>Room</strong> <strong>206</strong> <strong>CD</strong><br />
12.10 – 13.00 Panel VI: The Public Sector: Present <strong>and</strong> Future<br />
<strong>Room</strong> <strong>206</strong> AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
• Has the boom year for public sector debt continued?<br />
• Funding in the international market<br />
Workshop F<br />
Hosted by: Scotia Capital<br />
Canadian Dollar Leveraged Finance Workshop<br />
<strong>Room</strong> 200AB (<strong>Mezzanine</strong> <strong>level</strong>)<br />
• Bridge loans<br />
• Term B<br />
• Second lien notes<br />
• Public-private high yield notes<br />
• Covenants<br />
• What does the investor base look like now? What will it look like in 2015?<br />
• What are the key rating trends?<br />
• What fiscal challenges should governments be worried about?<br />
• How is the relationship between the provinces <strong>and</strong> the centre changing?<br />
• What is the plan for debt reduction for the year ahead?<br />
Moderator: Ralph Sinclair, Deputy Editor SSA Wire, EuroWeek<br />
Speakers: Grant Berry, Managing Director, Government Finance, RBC Capital Markets<br />
Gadi Mayman, Chief Executive Officer, Ontario Financing Authority<br />
Adrien De Naurois, Director, Deutsche Bank<br />
Bernard Turgeon, Associate Deputy Minister, Québec Ministry of Finance<br />
13.00 – 13.10 Closing Remarks: Andrew Lennon, Conference Director, Euromoney Conferences<br />
13.10 – 14.10 Lunch<br />
<strong>Room</strong> <strong>206</strong> <strong>CD</strong> (<strong>Mezzanine</strong> <strong>level</strong>)<br />
Moderator: Greg Woynarski, Managing Director <strong>and</strong> Co-<br />
Head, Global Capital Markets, Scotia Capital<br />
Speakers: Brian Dodd, Managing Director, Debt Capital<br />
Markets, Scotia Capital<br />
Nicholas Mann, Associate, Leveraged Finance - Canada,<br />
Scotia Capital<br />
Adam Mitchell, Director, High Yield Sales <strong>and</strong> Trading,<br />
Scotia Capital<br />
Euromoney Conferences reserve the right to amend the programme <strong>and</strong> is not responsible for cancellations due to unforeseen circumstances. Euromoney Conferences<br />
accepts no responsibility for statements made orally or in written material distributed by any of its speakers at its conferences. In addition, Euromoney Conferences is<br />
not responsible for any copying, republication or redistribution of such statements.
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