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CIBC Private Wealth

January 13, 2023

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2022 to 2023 block with lightbulb.

2023 economic and housing market outlook


"The Bank of Canada and the Fed have to make sure that inflation is dead before they ease monetary policy. The last thing they want to do is to repeat the mistakes of the 1970s."

– Benjamin Tal, Deputy Chief Economist, CIBC
 

What does 2023 hold in store for the Canadian economy and housing market? Have we seen the last of the rate hikes from the Bank of Canada? When can we expect rates to begin dropping? In his latest economic forecast, CIBC’s deputy chief economist, Benjamin Tal, explores these questions along with some key economic indicators to consider this year.

Click below to learn more. 
 

      

Video transcript

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CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.