If not now, when? Canadian firms should unleash $150 billion cash pile to spur economic growth

If not now, when? Canadian firms should unleash $150 billion cash pile to spur economic growth

If not now, when? Canadian firms should unleash $150 billion cash pile to spur economic growth 'This cash level is something that we haven't seen in a generation' Article content Canadian businesses should leverage their cash hoard to take advantage of optimal business conditions, according to Benjamin Tal, deputy chief economist at CIBC World Markets Inc. Advertisement Article content Stable profit margins, robust growth prospects and a strong loonie offer businesses an opportune moment to started flexing their financial muscle and deploy their cash pile that now stands at around $150 billion, according to an Oct. 7 report by Tal and senior economist Katherine Judge. tap here to see other videos from our team. If not now, when? Canadian firms should unleash $150 billion cash pile to spur economic growth …
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