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.

Canadian economy showed resilience in April, adding 90,400 jobs

May. 10, 2024 by Tu Nguyen

While the stronger-than expected job report released on Friday speaks to the resilience of the Canadian economy, the long-term trend is an undeniable weakening in the job market. … READ MORE >

Texas energy supply during eclipse highlights importance of battery storage

Apr. 10, 2024 by David Carter and Tu Nguyen

The switch from solar energy to natural gas and coal-fired plants underscored the need to accelerate the connection of battery storage to the power grid to provide power during cloudy conditions. … READ MORE >

Bank of Canada holds its rate at 5% in dovish statement

Apr. 10, 2024 by Tu Nguyen

The Bank of Canada has signaled that it is ready to take the foot off the brakes in June as long as job and inflation numbers progress as expected. … READ MORE >

Bank of Canada preview: A dovish tone with rate cuts on horizon

Apr. 8, 2024 by Tu Nguyen

The Bank of Canada will almost certainly leave its policy rate unchanged when it meets this week, but the tone of its statement will shift to dovish. … READ MORE >

Canada’s unemployment rate surpasses 6% for the first time in over two years

Apr. 5, 2024 by Tu Nguyen

While Canada has added more than 300,000 jobs over the past year, the working age population has grown by more than a million, resulting an inevitable rise in the unemployment rate. … READ MORE >

In global shift to renewable energy, Canada risks being left behind

Mar. 31, 2024 by Tu Nguyen

A low carbon economy will lower costs for businesses and nullify the need for the consumers’ carbon rebates, making it a winning equation for the government, businesses and consumers. … READ MORE >

Regulations and rate cuts to drive renewable energy growth

Mar. 27, 2024 by Tu Nguyen

Sustained investment in renewables continues, despite the hurdles, and will translate into enduring growth as economic activity becomes less dependent on fossil fuel prices and supply fluctuations. … READ MORE >

February’s inflation in Canada makes case for rate cuts

Mar. 19, 2024 by Tu Nguyen

Canada’s consumer price index fell to 2.8% February, marking the second consecutive month of easing inflation and bolstering the case for the Bank of Canada to cut rates in June. … READ MORE >

Canada’s jobs report offers mixed messages on rates

Mar. 8, 2024 by Tu Nguyen

The economy added 40,700 jobs, exceeding expectations and a sign of remaining steam that could keep the economy afloat for a few more months. … READ MORE >

Bank of Canada maintains interest rate at 5%

Mar. 6, 2024 by Tu Nguyen

The Bank of Canada kept its policy rate unchanged at 5% for the fifth time in a row as it continued to wait for inflation to further moderate. … READ MORE >

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