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Benjamin Tal

Benjamin Tal is the Deputy Chief Economist at CIBC. He is responsible for analyzing economic developments and their implications for North American fixed income, equity, foreign exchange and commodities markets. Mr. Tal is a member of the Economic Committee of The Canadian Chamber of Commerce and a board member of the Toronto Association for Business and Economics (TABE).

Economy

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Affordability crisis plagues housing market

CIBC’s deputy chief economist, Benjamin Tal, says lower rates are necessary to stimulate economic activity and ease recession risks in housing.

By Benjamin Tal |September 29, 2025

8 min read

Economy

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Uncertainty expected to slow growth early in 2025

Falling interest rates expected to drive recovery in the second half of 2025, says CIBC’s chief economist.

By Benjamin Tal |January 13, 2025

8 min read

Economy

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Housing Crisis Persists as Interest Rates Drop

Increased supply is the solution, CIBC’s deputy chief economist says.

By Benjamin Tal |September 23, 2024

6 min read

Economy

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Housing Is a Tale of Two Markets

Demand for detached homes versus condos diverges ahead of interest rate cuts, economist says.

By Benjamin Tal |May 13, 2024

7 min read

Economy

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Canada Facing Affordability Crisis in Housing

CIBC’s deputy chief economist says we need to change how we think about renting.

By Benjamin Tal |May 19, 2023

6 min read

Economy

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Canada’s Housing Market is Correcting, Not Crashing

Fundamentals remain strong.

By Benjamin Tal |November 23, 2022

4 min read

Economy

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Peak Rates in Sight But Don’t Expect Cuts Soon

Faced with choice of inflation or recession, BoC will choose recession.

By Benjamin Tal |November 14, 2022

4 min read