Nathaniel Guilatco, Associate Investment Advisor at CIBC Wood Gundy

10/28/2026

Canadian households are handling the mortgage renewal wave better than many expected, with most people keeping up on payments and credit scores still strong.

Mortgage delinquencies are still trending higher as homeowners renew at higher rates, but that's expected to ease in 2027 as the payment increases at renewal get smaller.

Credit card and line of credit delinquencies have levelled off for mortgage holders, which is encouraging. Losses are expected to stay manageable.

Source: CIBC Capital Markets, "Canadian household credit quality - in search of vulnerabilities," Benjamin Tal and Katherine Judge, October 26, 2026 (See PDF Attached for full article)

09/10/2026

After Canada’s retaliatory tariffs took effect, US President Donald Trump escalated further. He signed executive orders on Tuesday banning several Canadian imports, including certain alcohol, dairy and motorcycles. The new orders will take effect on September 29.

Trump also moved to block Canadian firms from US government contracts. The new tariffs, retaliatory tariffs and countermeasures are leaving plenty of uncertainty on households and businesses on both sides of the border.

09/03/2026

The Bank of Canada held its benchmark interest rate at 2.25%, citing ongoing trade uncertainty and inflation risks. As CIBC Chief Economist Avery Shenfeld noted, it was no surprise the Bank left its key rate unchanged “amidst the fog of a trade war.”

08/24/2026

Last week, Canadian and US trade negotiators worked towards a trade deal. However, talks fell apart at the last minute, resulting in the US imposing 50% tariffs on C$28 billion of Canadian imports beginning on Saturday. Canada pledged to impose retaliatory tariffs. Looking at the week ahead, investors will get a glimpse of the overall health of Canada’s economy when its gross domestic product is announced.

Data is pointing to the Canadian economy having expanded in the second quarter of 2026. There will also be several critical economic announcements globally for investors to monitor, along with any updates on tensions in the Middle East.

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