"The world will never be the same,"
Dr. Avery Shenfeld, Managing Director and Chief Economist of CIBC Capital Markets, stated during the opening of our
2020 Economic Outlook on June 25, 2020. He cautioned overstating this view during a crisis by citing significant events like the two World Wars and 9/11 that were thought, at the time, to forever change our world.
The reality is, Dr. Shenfeld continued, we've experienced the largest economic decline since the 1930s. Until there's a COVID-19 vaccine, we'll need to remain guarded in reopening to minimize spikes in virus transmissions and full economic recovery.
View the webinar recording below for Dr. Shenfeld's perspective on Canada's real estate industry.