CIBC CEO Asks Government to Work on Making Post-Covid Rally Last

cibc ceo asks government to work on making post covid rally last

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…

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