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.
CIBC’s Amber Batool joins The Hon. Lisa Raitt to discuss the new UK-US trade announcement, the first trade deal announced since Liberation Day and consider what it means for other countries looking to negotiate their own deals with the US administration.
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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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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