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Marquee Moments in Public Service History: The 2008 Financial Crisis (rebroadcast)


In January 2019, the School organized the second event in its Marquee Moments Series on historical milestones in the Public Service of Canada. This instalment of the series examined the financial crisis of 2008.

The collapse of a major American investment bank in September 2008 marked the beginning of a sharp decline in confidence in the global financial system. Many countries were pushed into recession, with lower employment levels and household incomes. Although this was the worst global economic recession since the Great Depression, Canada was able to weather the storm and mitigate its effect on the country.

Revisit this panel discussion on the origins of the financial crisis, the conditions in Canada before it happened, and the government policy responses that allowed Canada to persevere through this challenging period. Join us to hear what we learned and how we can keep such a crisis from happening again.

Opening remarks

Nathalie G. Drouin, Deputy Minister of Justice and Deputy Attorney General of Canada


  • Yaprak Baltacıoğlu, former secretary to the Treasury Board
  • Simon Kennedy, Deputy Minister, Health Canada
  • Rob Stewart, Associate Deputy Minister and G7/G20/FSB Deputy for Canada, Department of Finance Canada
  • Richard Dicerni, retired deputy minister, Executive Council of Alberta and former deputy minister, Industry Canada
  • John Forster, retired deputy minister, Department of National Defence


Taki Sarantakis, President, Canada School of Public Service


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