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Episode 6: Seeing a recession as an opportunity for growth

Jerome Dwight, CPA, shares how times of uncertainty, such as a looming recession, can be seen as an opportunity to innovate and grow instead of a time to scale back.

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On this episode, we speak with Jerome Dwight, CPA, the co-founder and CEO of BoomerangFX, a tech company aimed at private health-care providers. Instead of discussing what keeps him up at night during times of uncertainty, Jerome shared his perspective on the possibilities that can arise with an unsettled economy. He believes CPAs are well-positioned to identify hidden opportunities and manage the risks in a volatile economy. 

As Canada was navigating the global economic crisis in 2008, Jerome consulted with the federal finance minister regarding a plan to help Canada successfully navigate the turmoil. This experience led him to believe that periods of recession and economic uncertainty offer unique opportunities to grow or even launch a new business.

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Disclaimer: The views and opinions expressed in this podcast are those of the guest and do not necessarily reflect those of CPA Canada

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