2021 Manitoba Economic Outlook feat. Beata Caranci, Senior Vice President and Chief Economist for TD Bank
2021 Economic Outlook feat. Beata Caranci, Senior Vice President & Chief Economist for TD Bank
Beata Caranci, Senior Vice President & Chief Economist, TD Bank Group
Beata Caranci is the Chief Economist and SVP for TD Bank Group. She joined TD in 2003 and leads an agile team of economists tasked with delivering economic content on Canadian and U.S. stress test regulatory requirements, as well as baseline forecasts and research publications for TD clients. The team delivers on a wide scope of research, covering the Canadian, U.S., and global economies. Beata is TD’s Chair for the Expected Credit Loss Scenario Governance Committee, sits on TD’s Retirement Investment Committee and is a member of the C.D Howe Institute’s Monetary Policy Council. She is also a member of the Economic Council at the American Bankers Association which meets with the Chair at the Federal Reserve twice annually to discuss economic and policy views. Beata has accepted the Chair position of that committee for 2021.
Beata is a passionate supporter of TD’s diversity initiatives and has dedicated more than a decade to researching and driving awareness among Canadian policymakers on the labour market friction experienced by women. Her research report, “Get on Board Corporate Canada,” helped influence the Ontario Securities Commission’s rule amendments on disclosure of women on boards and in senior management. A separate report deconstructed the educational system and workplace environment for women in STEM fields, leading to an invitation to appear at the Senate Open Caucus to discuss policy prescriptions to counter systemic biases.
Beata's distinguished evidenced-based research combined with the breadth of her role as Chief Economist for TD Bank earned her the Professional category award by WXN's 2019 Canada's Most Powerful Women. Beata holds a Master’s Degree in Business Economics. Prior to joining TD, she worked nearly four years on a trading floor providing economic analysis to foreign exchange, money market and bond desks.
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