Dr. Tu Nguyen, Economist and ESG Director, RSM Canada

Dr. Tu Nguyen is economist and ESG director for RSM Canada. She holds a doctorate in applied economics from Oregon State University, where she became a leading voice in environmental and natural resource economics globally.

Tu conducts research and analysis on sustainability, labor markets, the COVID-19 pandemic and infrastructure. Her work has provided invaluable insights for international organizations including the World Trade Organization and the United Nations, as well as for government agencies and industry leaders in the United States and Canada.

Before joining RSM, Tu worked as a research economist at Dalhousie University and a research and university lecturer at Oregon State University.
Tu also holds a bachelor of business administration in economics from Baruch College of the City University of New York.

Canada’s job market continued to cool in August

Sep. 6, 2024 by Tu Nguyen

The data in Canada’s labour survey for August paints a picture of a cooling job market as the economy added a mere 22,000 jobs and the unemployment rate rose to 6.6 per cent. … READ MORE >

Bank of Canada cuts its policy rate to 4.25 per cent

Sep. 4, 2024 by Tu Nguyen

Rates need to come down for businesses to start hiring again and to help those workers struggling to find employment. … READ MORE >

With higher capital gains tax rate, Canada renews debate over growth

Aug. 26, 2024 by Tu Nguyen and Cassandra Knapman

While raising the capital gains tax rate might help the government boost revenue, it could delay the economic recovery that Canada needs by temporarily discouraging investment. … READ MORE >

Canada’s rail strike disrupts supply chains

Aug. 23, 2024 by Tu Nguyen and Alex Kotsopoulos

Even if the strike is resolved quickly and significant damage is avoided, this strike is the latest of events that highlight the need for companies to develop supply chain resiliency. … READ MORE >

Canada’s inflation fell to 2.5 per cent, solidifying case for rate cut

Aug. 20, 2024 by Tu Nguyen

Inflation numbers have consistently come in below expectations this year and is firmly on track to reach 2 per cent next year. … READ MORE >

Canada’s weak job market supports further rate cuts

Aug. 9, 2024 by Tu Nguyen

Canada’s July jobs report spelled out the need for more rate cuts as the economy shed 2,800 jobs, according to data released Friday by Statistics Canada. … READ MORE >

Bank of Canada reduces rate to 4.5 per cent amid disinflation

Jul. 24, 2024 by Tu Nguyen

With widespread disinflation and rising unemployment, our estimates show that the Bank of Canada’s policy rate is still a percentage point too high. … READ MORE >

Digital transformation and Canada’s public sector

Jul. 18, 2024 by Tu Nguyen

The digital infrastructure in Canada’s public sector needs a serious overhaul. Significant investments are needed to move toward paperless systems, online government services, cloud-based solutions and improved cybersecurity. … READ MORE >

Canada’s CPI in June shows disinflation and suggests rate cut

Jul. 16, 2024 by Tu Nguyen

While inflation will continue to decrease, price levels are much higher than a few years ago, and that is something that can only get more palatable with higher income levels. … READ MORE >

Canada’s economic outlook: The dawn of recovery

Jul. 8, 2024 by Tu Nguyen

While challenges remain in Canada’s economy, particularly high housing costs, expected rate cuts and continued population growth provide a foundation for renewed prosperity. … READ MORE >

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