Sumary of CIBC CEO Asks Government to Work on Making Post-Covid Rally Last:
- Article content (Bloomberg) — Canadian Imperial Bank of Commerce Chief Executive Officer Victor Dodig, like many other executives, expects a strong economic rebound coming out of the pandemic..
- Policy makers should focus on shifting their stimulus efforts to driving “long-term growth rather than short-term consumption,”.
- One such policy that could help that effort would be flow-through shares for technology companies, Dodig said in an interview before the speech..
- Article content To determine whether the post-pandemic rebound is becoming self-sustaining, Dodig said he’ll be watching metrics like full-time job creation, female participation in the labor force, efforts to retrain workers displaced by new technologies and Canada current account balance…