SFFG Presents Benjamin Tal

Smith Falconer Financial Group was pleased to host CIBC’s Managing Director and Deputy Chief Economist, Benjamin Tal, for an informative virtual event on November 7^th. This is a critical time to be well informed about the health of our economy. Ben’s following is due to his knowledge and experience, not to mention his sense of humor and well-versed turn of phrase!

In recent months, he explains how our valued clients have experienced the weakness of Canadian dividend paying stocks, firsthand. Banks, pipelines, utilities, and REITs have had competition from GICs and bonds, for the first time in 15 years.

Ben Tal suggests that the Bank of Canada has gone too far. He expects interest rates to abate in May-July. Before that might happen though, the mere suggestion that rates have peaked has been well received in stock markets and the dividend payers in particular.

Take a listen to Smith Falconer Financial Group’s exclusive presentation featuring Ben Tal. (31:34). We are proud to be able to offer his insight to our community.

https://woodgundyadvisors.cibc.com/smithfalconer/videos?lang=en_US

Lois Smith and Rodney Falconer are Investment Advisors with CIBC Wood Gundy in Toronto. The views of Lois Smith and Rodney Falconer do not necessarily reflect those of CIBC World Markets Inc.   Benjamin Tal is Managing Director and Deputy Chief Economist at CIBC Capital Markets Inc. The views of Benjamin Tal do not necessarily reflect those of CIBC Capital Markets Inc.   For GIC terms of one year or less, simple interest is paid at maturity. For GIC terms of greater than one year simple interest is paid annually or compound interest is calculated annually and paid at maturity. For more information about this product, please contact your Investment Advisor.   Yields/rates are as of November 7th, 2023 and are subject to availability and change without notification. Minimum investment amounts may apply.   “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. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license. “Wood Gundy” is a registered trademark of CIBC World Markets Inc.   This information, including any opinion, is based on various sources believed to be reliable, but its accuracy cannot be guaranteed and is subject to change. CIBC and CIBC World Markets Inc., their affiliates, directors, officers and employees may buy, sell, or hold a position in securities of a company mentioned herein, its affiliates or subsidiaries, and may also perform financial advisory services, investment banking or other services for, or have lending or other credit relationships with the same. CIBC World Markets Inc. and its representatives will receive sales commissions and/or a spread between bid and ask prices if you purchase, sell or hold the securities referred to above. © CIBC World Markets Inc. 2023.   Clients are advised to seek advice regarding their particular circumstances from their personal tax and legal advisors.   If you are currently a CIBC Wood Gundy client, please contact your Investment Advisor.

SFFG Insights

Smith Falconer Financial Group

December 03, 2023

SFFG Presents Benjamin Tal

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