Purpose-built rental is an often overlooked part of Canada’s housing strategy. Tim Samis, Senior Vice-President, Real Estate Finance, and Elsa Hannaford, Vice-President, Real Estate Finance, look at the role it plays in a comprehensive suite of solutions required to address this country’s housing affordability crisis.
While the Bank of Canada opted to hold steady for its latest interest rate announcement, there are signs that further cuts could be coming. CIBC Senior Economist Andrew Grantham breaks it down in the latest Economic Brief.
The Hon. Lisa Raitt is joined by Andrew Grantham, Senior Economist, CIBC to talk about his recent report on the struggles of Canadian youth employment. They discuss how immigration and AI are impacting youth unemployment, and Andrew shares his outlook for the broader economy.
5 million
Estimated Canada-wide construction gap by 2030 in units1.4 million
Gap between real population in 2023 and previous planning forecasts
Canada’s housing story is far from one-dimensional, with some areas cooling and others gaining pace. In the latest episode of the Economic Brief, Deputy Chief Economist Benjamin Tal breaks down the dynamics and highlights the strong growth in purpose-built rentals as a key bright spot.
Our latest In Focus report examines Canadian women’s position in the labour market relative to other countries.
Our commitment to ambitions
In this first edition of our annual index, read about Canadians’ goals and ambitions, the progress they’ve made, and what’s holding them back.
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