Is the Canadian economy at risk of running out of labour, which would lead to inflationary pressures and calls for a hike in interest rates? Senior Economist Andrew Grantham explains why labour shortages likely won’t become an economy-wide problem, and what that means for interest rates in 2026 and beyond.
Planning for a transition – be it growth, succession or a sale – is an important part of being a business owner. As Paul Sawaya, Vice-President and Region Head, Quebec, and Iain Gallagher, Managing Director, Mid-Market Investment Banking, write: having a roadmap sets up a business for success no matter what form that transition ultimately takes.
In the first episode of Curve Your Enthusiasm in 2026, Ian is joined by Ali Jaffery from CIBC economics and Jean Boivin, Head of Blackrock Global Investment Institute. Jean begins the episode by outlining his core investment themes for 2026 across asset classes. It is hard to talk about 2026 without discussing AI, and Jean provides his view on why the near-term economic impact is inflationary, versus the longer-run impact which is disinflationary. The group discusses the risks inherent in the AI buildout, opines on market pricing across regions, and finishes the episode with a deep-dive on the Canadian economy and inflation path.
5 million
Estimated Canada-wide construction gap by 2030 in units1.4 million
Gap between real population in 2023 and previous planning forecastsIs the Canadian economy at risk of running out of labour, which would lead to inflationary pressures and calls for a hike in interest rates? Senior Economist Andrew Grantham explains why labour shortages likely won’t become an economy-wide problem, and what that means for interest rates in 2026 and beyond.
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