Neil nisker biography
Neil is a trusted and respected figure in the Canadian financial services industry....
There’s been considerable debate about Canada’s economy lately. Although C.D. Howe declared a recession in May 2020 – and announced it had ended last month – Canada’s GDP fell in April and May of this year, signaling that we may not be out of the woods yet.
More optimistically, the Conference Board of Canada says Canadians built up savings over the past 18 months and there is pent-up demand for goods and services.
Co- Founder, Executive Chairman & CIO at OUR FAMILY OFFICE INC. 6mo.
As well, the take-up of vaccines – and the removal of more stringent public health restrictions – may help boost the economy. Yet inflation is on the rise. It’s all a bit unclear as to what direction things will go.
Amid all this, the Bank of Canada is projecting growth of about 6 per cent in 2021, 4.5 per cent in 2022 and 3.25 per cent in 2023.
Family offices are well-versed in guiding clients on how best to weather the economy’s ebbs and flows.
Many are following well-honed practices of building portfolios that preserve and grow wealth – and insulating their ultra-hig