In this new, reoccurring segment, our CIBC Economics team will offer up a quick take on the most pressing trends that impact our economy. Chief Economist Avery Shenfeld kicks off the series with his thoughts on Canada’s chances of avoiding a recession in 2023.
While the Bank of Canada opted to hold steady for its latest interest rate announcement, there are signs that further cuts could be coming. CIBC Senior Economist Andrew Grantham breaks it down in the latest Economic Brief.