Tag Archives: Benjamin Tal

Toronto Tops CIBC’s Annual Metropolitan Economic Index for Canadian Cities

Toronto leads all Canadian cities with a score of 20.6 points in the most recent CWM Metropolitan Economic Activity Index, which rates the economic activity of Canadian cities according to nine economic variables selected by CIBC’s World Markets subsidiary. The indicators used in formulating the Index score include a city’s unemployment rate, population growth, bankruptcy rate and housing starts growth […]

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CIBC Economist: Immigrants to Boost Canada’s Housing Prices

A report released today by a major Canadian bank says growth in the 25-34 age group and increases in immigration levels will likely push housing prices up over the next decade. The analysis, by CIBC World Market’s deputy chief economist Benjamin Tal, points to the propensity of Canadian immigrants to buy a home to support its conclusion. Statistics show that […]

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Financial Post Addresses Growing Income Disparity Between Recent Immigrants and Other Canadians

The growing income gap between recent immigrants and longer-established Canadians received special news coverage today with a report in the Financial Post by the deputy chief economist of CIBC, Benjamin Tal. The article describes the deteriorating position of newly arrived immigrants relative to native-born Canadians by comparing what it was in the 1970s to what it is today: A male immigrant […]

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