Smart Business Advice

“Recession” has been the buzzword of 2022. Learn what it might mean for you and your business in the year ahead.
Nicholas Milton Jan. 05, 2023 9-minute read

Let’s talk recession

How did inflation get so high?

So, are we in a recession or is it on its way?

How do you plan for such uncertainty?

Here's how CIBC can help

Businesses would be prudent to have a spending plan in place based on certain sale thresholds. Having a plan for clear skies, stormy seas, and everything in between, is always the best course of action.

If you’re looking for guidance on how to navigate your business through a potential recession, we can help! Connect with a dedicated CIBC Business Advisor who will work with you to understand your needs, provide expert advice and customized financial solutions. Whether you need to review your cash management options, borrowing needs or you just need an extra set of eyes, we’ll make it easy for you to make your ambitions a reality.

To discuss your Business Banking needs

Written By
Nicholas Milton

Nicholas Milton has almost 20 years of experience working with businesses from starts-ups to large publicly traded entities. With a passion for economics, he takes large and often complex topics and ties them to meaningful advice for all businesses. Nick is a frequent contributor internally at CIBC writing weekly economic updates and a “What to Expect?” series prior to each meeting of the Bank of Canada or the Federal Reserve.