The Economic Brief
Will Canada strike a new trade deal with the US and Mexico this summer? Chief Economist Avery Shenfeld provides an update on CUSMA negotiations, and what happens if a deal isn’t reached soon.
Welcome to CIBC Thought Leadership
Explore the latest insights, reports, and timely topics affecting economic growth at home and around the world.
The Raitt Stuff
Tip of the iceberg: Unlocking the economic opportunities from the Defence Industrial Strategy
The Hon. Lisa Raitt is joined by Matthew Lombardi, Co-founder of The Icebreaker, to discuss the opportunities available to tech entrepreneurs in the defence sector and his ambition to position Canada as a net exporter of defence technology by 2030.
Drivers of Growth
Agricultural evolution: How farmers are transforming the sector for long-term success
Farmers in Canada recognize that modernizing and professionalizing their operations are keys to long-term success. With that in mind, here are five top trends behind the industry’s evolution, with technology, modernization, and scalability driving the sector toward greater economic resilience.
The Economic Brief
The Bank of Canada once again opted to hold interest rates steady this week. Senior Economist Andrew Grantham explains why, and what factors could compel the bank to make a move before year’s end.
Drivers of Growth
Agricultural evolution: How farmers are transforming the sector for long-term success
Farmers in Canada recognize that modernizing and professionalizing their operations are keys to long-term success. With that in mind, here are five top trends behind the industry’s evolution, with technology, modernization, and scalability driving the sector toward greater economic resilience.
Drivers of Growth
The hidden economic might of Canadian franchises
In 2026, franchising is expected to contribute about $133 billion to the economy, equal to roughly 5% of Canada’s GDP. Yet despite its scale and importance, it’s often overlooked compared to more traditional sectors. As Romal Bryce, Market Vice-President of National Industry Programs, and Greg Windle, Director and National Industry Lead, Franchising & Business Services, write: Whether through hiring incentives, support for technology investments or making it easier to enter the industry, government and business must work together to strengthen this key pillar of Canada’s economy.
Drivers of Growth
Building for the future: How traditional businesses are modernizing to grow
Canada's traditional industries — think agriculture, construction, manufacturing — are facing myriad headwinds, from labour shortages and succession gaps to trade uncertainty. As Commercial Banking Market Vice-Presidents Michael Emrich and Brad Ganczar write, the good news is that even the oldest industries can modernize and find new ways to operate, compete and grow.
Explore our Series
Latest Podcasts
Eyes on the Economy • EP37
Play podcast: Inflation fears: Bank of Canada vs. the Fed
CIBC Senior Economist, Katherine Judge, hosts a discussion with Chief Economist, Avery Shenfeld, as he compares inflation risks in Canada and the US, assesses the impact of higher oil prices, and discusses what it could all mean for interest rates in 2026 and beyond.
Eyes on the Economy | EP37Inflation fears: Bank of Canada vs. the Fed
The Raitt Stuff
Tip of the iceberg: Unlocking the economic opportunities from the Defence Industrial Strategy
The Hon. Lisa Raitt is joined by Matthew Lombardi, Co-founder of The Icebreaker, to discuss the opportunities available to tech entrepreneurs in the defence sector and his ambition to position Canada as a net exporter of defence technology by 2030.
The Sustainability Agenda
Key takeaways from the 3rd annual CIBC Electrification Summit
The Energy Shift hosts, James Wright and Ines Serrao, join Tom Heintzman, Vice Chair, Energy & Climate Finance, to discuss their observations and key takeaways from this year’s 3rd annual CIBC Electrification Summit which focused on North America’s electrification transformation amid unprecedented electricity demand.
Eyes on the Economy
Navigating economic shifts: Canadian fiscal update and central bank decisions
Senior Economist, Katherine Judge, hosts a discussion with Chief Economist, Avery Shenfeld, to break down the economic and market implications of the Canadian fiscal update and the latest interest rate announcements from the US Fed and the Bank of Canada, in the context of rising energy prices.
Canadian housing: Anatomy of a correction
This In Focus report analyzes the housing market correction underway in Canada. Given the importance of the housing market to the economy, the current weakness in activity along with falling prices have clear negative macroeconomic implications.Benchmark Home Price
28%
In Ontario, the benchmark price is 28% below the trendlineCondo Market
35%
Condo prices nationally are 35% below the trendlineLatest Videos
The Economic Brief
Will Canada strike a new trade deal with the US and Mexico this summer? Chief Economist Avery Shenfeld provides an update on CUSMA negotiations, and what happens if a deal isn’t reached soon.
Innovation Banking
The Gradient Ascent Podcast: Episode 1
Paul McKinlay, Senior Vice-President and Head of Innovation Banking, and Daniel Lee, Managing Director, Technology & Innovation, Capital Markets, sit down for the first episode of the Gradient Ascent podcast. They break down the recent volatility in software stocks, the impact of AI on valuations, the evolving perspectives of public and private investors, and key insights from the Nvidia conference.
The Economic Brief
The Bank of Canada held interest rates again, but can it really hold steady for the rest of the year?
The Bank of Canada once again opted to hold interest rates steady this week. Senior Economist Andrew Grantham explains why, and what factors could compel the bank to make a move before year’s end.
Housing
How can offsite manufactured homes help solve Canada’s housing crisis?
Offsite manufactured housing has been a part of residential development in Canada for nearly a century. Tim Samis, Senior Vice-President, and Elsa Hannaford, Vice-President, from our Real Estate Finance team, join Caivan co-founder and co-CEO Frank Cairo to discuss the untapped potential of this type of housing to add to the supply of homes and address affordability.
CIBC Economics
18%
With women representing a sizeable share of the workforce, making full use of their potential is vital for Canada’s economy. As Senior Economist Katherine Judge discusses in her latest report, while there has been some improvement, there is still plenty of work ahead in addressing a well-known gap in earnings for mothers in the workforce.
In Focus
Canadian housing: Anatomy of a correction
This In Focus report analyzes the housing market correction underway in Canada. Given the importance of the housing market to the economy, the current weakness in activity along with falling prices have clear negative macroeconomic implications.
Economic Insights
Canadian labour market: Could we really run out of room before year-end?
This Economic Insights report discusses why we think there's enough slack within the Canadian labour market to prevent a Bank of Canada rate hike this year, even if growth within the economy and demand for labour improves as we forecast.
In Focus
Canada’s student immigration surge: Neither a curse, nor a blessing
In our latest In Focus article, Senior Economist Ali Jaffery examines the economic implications of Canada’s recent student immigration surge.
CIBC Economics
Bank of Canada interest rate: Not now, maybe later
The Bank of Canada chose not to provide fresh stimulus to the Canadian economy now, keeping the overnight rate steady at 2.75%, but did hint that rate cuts are still possible in the future to help navigate the current period of trade uncertainty.
Our commitment to ambitions
CIBC Ambitions Index 2026
Read about how Canadian ambitions are changing in this second edition of our annual index.
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