
ben tal


Housing supply gap worse than first thought: 5 million extra homes needed by 2030, CIBC says
A new report from CIBC deputy chief economist Benjamin Tal suggests Canada’s housing supply gap is even worse than first thought.

CIBC’s Tal: “We are very, very close to the end of monetary tightening”
CIBC deputy chief economist Benjamin Tal said that while we’re are very close to the end of Bank of Canada rate hikes—or maybe already there—the biggest question is when the Bank will being cutting rates.

Has the Bank of Canada gone too far with its rate hikes? CIBC’s Tal thinks so.
CIBC’s Benjamin Tal says that the Bank of Canada has chosen to err on the side of too many hikes rather than too few for one simple reason: its bias towards fighting inflation.

CIBC’s Tal: “This is not a meltdown,” but expect short-term pain
Despite softening origination activity, mortgage professionals should welcome the current “reset” to healthier market conditions.

Parents to the Rescue: Average Size of Gifted Down Payments Rises to $82,000
As home prices have risen sharply in recent years, so too has the amount of down payment assistance parents are willing to give their kids.

Rate Hikes Could Start by April as Inflation and Supply Concerns Grow
Expectations for the first interest rate hike have moved up to as early as April as inflation concerns grow and supply disruptions persist.