With the support of our Builder Member financial institutions, the OG100 Quarterly Economic Commentary takes an in-depth look at recent economic conditions with a lens specific to helping Ontario’s mid-sized companies make better-informed business decisions.
December 2022 with Builder Member National Bank of Canada
Author:
Stéfane Marion, Chief Economist & Strategist
NBC Economics & Strategy Group
2023: a More difficult outlook
The latest issue of our member exclusive OG100 Quarterly Economic Commentary is now available. With the support of our Builder Member financial institutions, the OG100 Quarterly Economic Commentary takes an in-depth look at recent economic conditions with a lens specific to helping Ontario’s mid-sized companies make better-informed business decisions.
The fourth edition is created with the support of National Bank. Many thanks to author Stéfane Marion, Chief Economist & Strategist, NBC Economics & Strategy Group, for providing an excellent report containing insightful analysis specific to the mid-sized market.
Below is an excerpt – please contact the OG100 team for more information.
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After a late start, the global monetary policy tightening cycle is well underway, with an increasing number of central banks adopting a tighter approach in an effort to curb inflation. While this policy reversal offers the prospect of greater price stability in the future, the impact on the economy will be significant, especially since it comes at a time when growth has already slowed considerably in many regions. Against a backdrop of elevated geopolitical risks, the global economy is expected to experience a sharp slowdown in 2023 as several countries enter recession.