With traditional funding sources for new housing tightening amid economic uncertainty, developers are searching for alternative models to unlock much-needed supply. Greg Kay, Executive Director of Global Investment Banking, writes about one potential solution that is emerging in the form of real estate development IPOs.
The Bank of Canada opted to not cut interest rates this week, which reflects a sluggish Canadian economy. But, as CIBC Chief Economist Avery Shenfeld says, more interest rate relief is likely on the way.
On this episode of The Energy Shift, we're going to take a slightly different tack and not look at a particular technology or sector of the energy transition. Instead, we're going to talk about people and specifically the shifting trends in hiring people during the transition, particularly in recent years across all experience levels.
5 million
Estimated Canada-wide construction gap by 2030 in units1.4 million
Gap between real population in 2023 and previous planning forecasts
With the labour market appearing to weaken, will the Bank of Canada return to interest rate cuts? CIBC Senior Economist Andrew Grantham offers his insight.
Our latest In Focus report examines Canadian women’s position in the labour market relative to other countries.
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