"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.