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.

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 >

Canada’s unemployment rate rose to 6.4 per cent, calling for further rate cuts

Jul. 5, 2024 by Tu Nguyen

The economy lost 1,400 jobs in June. The unemployment rate jumped by 0.2 percentage points to 6.4 per cent and the employment rate fell by 0.2 percentage points to 61.1 per cent. … READ MORE >

Canada’s inflation rises to 2.9% but rate cut remains on the table

Jun. 25, 2024 by Tu Nguyen

Disinflation will be the theme in the Canadian economy for the rest of the year, despite the inflation uptick in May. … READ MORE >

The future of voluntary carbon markets: A pathway to corporate decarbonization

Jun. 14, 2024 by Alex Kotsopoulos, Tu Nguyen and Deborah Gordon

The Biden administration’s Voluntary Carbon Markets Joint Policy Statement and Principles are intended to bolster transparency and strengthen confidence in the markets. … READ MORE >

Canada’s unemployment rate rises to 6.2 per cent, bolstering case for further rate cuts

Jun. 7, 2024 by Tu Nguyen

Canada’s jobs report for May showed that the labour market continued to soften as the economy added 27,000 jobs and the unemployment rate inched up to 6.2%. … READ MORE >

In long-awaited shift, Bank of Canada cuts its policy rate to 4.75%,

Jun. 5, 2024 by Tu Nguyen

After years of raising interest rates and then keeping them elevated, the Bank of Canada dropped the policy rate by 25 basis points on Wednesday, signaling a new period of recovery and growth. … READ MORE >

Bank of Canada preview: A rate cut is desperately needed

Jun. 3, 2024 by Tu Nguyen

The Bank of Canada needs to announce rate cuts during its June 5 meeting to spur economic growth. Any further delay and the bank would risk making a policy error and undermining Canada’s growth outlook. … READ MORE >

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