Nathaniel Guilatco, Associate Investment Advisor at CIBC Wood Gundy

07/27/2026

From geopolitical tensions to rate speculation to AI-driven market enthusiasm, this quarter had no shortage of headlines competing for investors attention. In our Q2 market update, Phil breaks down why markets stayed resilient despite the noise, and why discipline and perspective, not predicting the next headline, are what actually drive long-term results.

Read the full update:

As we move through another Canadian summer, it's difficult to ignore the devastating forest fires burning across Northern Ontario. What once felt like an occasional occurrence is becoming an annual reality, reminding us that the world is changing in ways we can't always predict or control. Whether i...

07/24/2026

Wondering when conditions in the real estate market may improve? Katherine Judge, Executive Director, Senior Economist, CIBC Capital Markets, shares insights that help clients plan ahead, offering valuable context for those weighing their next move.

Explore more economic insights: https://bit.ly/4xl2wEj

07/01/2026

As we celebrate Canada Day, we reflect on the strength and resilience of our nation and the opportunities it offers for growth and prosperity.

Today, we honour our shared values, our commitment to community, and the legacy we build for future generations.

Wishing you and your family a joyful Canada Day!

06/29/2026

Global equity markets were relatively shaky last week in large part due to a pullback in technology stocks. Technology stocks, particularly those involved in the development of artificial intelligence, have been a key driver of equity markets over the last few years. There was some good news out of the Middle East where ships were making their way through the Strait of Hormuz, with experts predicting that shipping through the strait will bring millions of barrels of oil back into the global market. Oil prices have fallen since the US and Iran reached an interim peace agreement. Here’s what to watch for this week.

06/18/2026

The US Fed held rates steady this week, but new Chair Kevin Warsh dropped the easing language, signaling rates may stay higher for longer rather than coming down soon. US markets dipped on the news with the S&P 500 and Nasdaq both down 1%.

The Bank of Canada is also on hold for now. When US Rates stay higher than ours, investors chase the better return south of the border, which can weaken the Loonie and nudge up costs on the anything priced in USD.

Full breakdown from CIBC economics team:
https://bit.ly/4a9YR2P

06/12/2026

Big news from the CIBC Capital Markets team - they just launched Canada's first ever Canadian Depositary Receipt (CDR) tied to an IPO.

SpaceX is now trading on the TSX under the ticker "SPCX-TO", CAD-hedged, so Canadians can invest in one of the worlds most talked about companies without the currency risk.

If you've ever wanted exposure to Space X but didn't know how, now you do.

more info:

Each CDR is equivalent to owning a variable number of the underlying shares. This is represented by a CDR ratio. The CDR ratio is adjusted on a daily basis to provide a notional currency hedge.

06/11/2026

No surprises from the Bank of Canada today, Rates hold at 2.25% for the 5th straight decision.

The economy is soft, inflation is creeping up and trade uncertainty isn't going away.
Next decision is July 15th. Lots to watch between now and then.

Full CIBC Economics Report:

06/10/2026

No surprises from the Bank of Canada today, Rates hold at 2.25% for the 5th straight decision.

The economy is soft, inflation is creeping up and trade uncertainty isn't going away.
Next decision is July 15th. Lots to watch between now and then.

Full article:

The Bank of Canada is expected to leave interest rates ‌unchanged on Wednesday as strong inflation and labor market data are offset by a weakening economy that slipped into a technical recession in the first quarter.

06/05/2026

Canada added 88,000 jobs in May which is nearly 9x what economist forecasted. Unemployment dropped to 6.6% from 6.9% . Most of the gains came from full time positions added.

Bank of Canada rates decision next week on Wednesday June 10th.

Full story:

The labour market rebounded with a surprise gain of 88,000 jobs in May, partially offsetting a bigger drop in employment since the start of the year, Statistics Canada said Friday.

06/04/2026

Key takeaways:

• The world is entering one of the most significant periods in modern history for defense
spending
• Canada, Europe, the US, and Japan all represent varying degrees of opportunity
• Near-term potential for peace between Russia/Ukraine will not slow down the pace of
spending
• Space is likely to be a key investment theme as militaries look to modernize and
defend from new threats

Learn more: https://bit.ly/3S4OxTr