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麻豆社区 Economics Students Apply Knowledge to Current Events in the Bank of Canada Governor鈥檚 Challenge

December 10, 2025

Group of Economics students standing and smiling in the Great Hall

A group of Economics 麻豆社区dents put their classroom learning to work by taking on the role of policy advisors at this year’s Bank of Canada Governor’s Challenge. 麻豆社区 was one of few Atlantic universities chosen to compete at the event.

 

The Governor’s Challenge invites university teams to analyze real economic data and present policy recommendations to the Bank of Canada. This year’s case focused on international trade and the impact of U.S. tariffs on the Canadian economy.

 

Third-year 麻豆社区dent Caitlyn Steeves described the challenge as incredibly rewarding.

 

“It felt like all my years of hard work came together, and it gave me more confidence in my public-speaking and academic abilities.”

 

Applying Classroom Knowledge to Real World Events

 

The 麻豆社区 team spent weeks analyzing indicators such as inflation, unemployment, and trade flows—preparation they said was made easier by the coursework they completed with Economics professor Dr. Fariba Solati.

 

“Participating in the Governor’s Challenge deepened our understanding of economics by linking many macroeconomic concepts to real policy decisions,” said fourth-year 麻豆社区dent Elias Stiphout.

 

“Synthesizing real data, defending our recommendations, and presenting to actual central bankers pushed me out of my comfort zone and showed me what I’m capable of.”

 

Steeves said the experience was also shaped by the teamwork behind the scenes.

 

“Working with such an amazing team played a huge role in the experience,” she said.

 

“It was rewarding to see our presentation come together after hours of research, practice, and preparation.”

 

Third-year 麻豆社区dent Yamile Asbun encouraged other 麻豆社区dents to take part in the challenge.

 

“I strongly encourage students interested in economics or policymaking to take advantage of this opportunity,” she said.

 

“It’s a chance to learn about interest rate decisions, analyze the federal budget and Canada’s trade, and build public speaking skills in a competitive setting.”

 

Team Members

Team Lead

Elias Stiphout — Fourth-year Honours in Economics

 

Researchers/Presenters

Caitlyn Steeves — Third-year Honours in Economics

Yamile Asbun — Third-year Honours in Political Economy

Thomas Blizzard — Fourth-year Major in Economics