With ongoing market uncertainty in the first few months of 2025, it’s understandable to feel cautious. That’s why we’re sharing the latest insights from our CIBC partners featured in a recent The Globe and Mail article: After a turbulent start to 2025, experts weigh in on what’s next

Key tax, economic and investment insights

Benjamin Tal, Deputy Chief Economist at CIBC World Markets, highlights where we’re watching for growth opportunities in key sectors: government investment in infrastructure, housing and defense may support economic activity in the coming months. He also notes that we may be reaching a turning point: “We believe that the current quarter represents peak uncertainty, and some clarity will be introduced slowly during the course of the second half of the year.”

We’re beginning to see early indicators of this shift. According to Jamie Golombek, Managing Director, Tax and Estate Planning at CIBC Private Wealth, interest rates have started to come down, and new government measures, including tax relief for middle-income families and a proposed one-year reduction in RRIF withdrawal requirements, may offer added flexibility for Canadian families.

David Donabedian, Co-chief Investment Officer at CIBC Private Wealth U.S., shares that while some investors may feel uneasy, many are responding by diversifying away from concentrated tech holdings and seeking long-term value in global markets. He also points out the resilience of markets, explaining that it’s important to stay calm and invested during turbulent times.

What this means for your plan

While the headlines can feel overwhelming, your portfolio is built to navigate different market conditions, and my team and I continue to look for opportunities that align with your long-term goals.

If you have questions about how these changes may affect your plan, please don’t hesitate to reach out.