The economic downturn is only beginning. Banks have dealt with less than 20% of their toxic financial instruments, foreclosures in the US are expected to reach 10 million homes (triple the current level), and the commercial real estate meltdown is just beginning. The US economic crisis has been underway for almost 2 years and the rest of the world (including BC) is starting to feel the effects. The construction industry will have winners and losers, despite weak market conditions. Global infrastructure and stimulus spending, industry consolidation and the exodus of some industry players provides a unique and exciting opportunity for businesses to take advantage of the trends and significantly increase market share.
- Where We Are – the separation of finance from reality and how the local banking system has lost its way, taking everyone else with it.
- How We Got Here – a fast-paced ride through the political and regulatory roots of the mortgage crisis.
- What’s Next – from the US middle-class squatters to Iceland, from social crises in Eastern Europe & China to volatility in foreign exchange – the global impact on local business.
- Strategies for Success – how to respond to RFPs and other ways to capture market share.
David Podmore is Chairman & Chief Executive Officer of Concert Properties Ltd. Owned exclusively by Canadian union and management pension funds, Concert is an award-winning diversified real-estate enterprise involved in acquiring and developing industrial and commercial properties, rental housing, multi-family condominium housing, resort developments and seniors living communities in British Columbia, Alberta and Ontario. David will provide an insider’s view of the situation.
Stephanie Sharp has served as a lead financial advisor on over $10 billion worth of large financial transactions from RFP through contract negotiations. With her unique combination of investment banking, government and corporate experience, she is in demand providing workshops and seminars to corporations, associations and government to help them understand the crisis and restructure to take advantage of opportunities as they arise. Stephanie’s fast-paced entertaining style makes even the most complex technical information understandable.
Friday, June 26, 2009