Rob Sarkissian, Wealth Advisor at CIBC Private Wealth Management

Rob Sarkissian, Wealth Advisor at CIBC Private Wealth Management Rob Sarkissian is a lifetime resident of the North Shore near Vancouver, BC. Rob attended University of Victoria and holds a degree in Economics.

Rob also holds a diploma in Business Administration from Capilano University.

09/09/2026

Canada’s retaliatory tariffs on approximately $27.6 billion of US goods took effect just after midnight yesterday, matching Washington’s 50% tariffs on Canadian goods dollar-for-dollar. The US had imposed fresh tariffs on Canada after trade negotiations fell apart at the eleventh hour.

In a national address, Canadian Prime Minister Mark Carney said the measures were necessary but cautioned they would come at a cost to Canadians.

09/08/2026

The Fed makes its next interest rate announcement on September 16. While the US labour market report was relatively robust, markets expect the Fed’s decision to be largely based on this week’s inflation report. Canada-US trade tensions may be in the news this week with Canada set to impose new retaliatory tariffs on the US.

09/06/2026

In this week’s Week Ahead, Avery Shenfeld notes that the US and Japan are facing a common challenge: rising long-term bond yields and tighter fiscal constraints. With slower growth and higher borrowing costs, managing government debt may become much harder.

09/04/2026

Statistics Canada reported Canada’s merchandise trade surplus narrowed sharply in July as exports declined for the first time in six months, while imports increased. Particularly notable amongst the data was a significant drop in exports to the US.

This drop came in July, just before trade tensions escalated between the two countries, leading to more tariffs.

09/03/2026

At its September meeting, the Bank of Canada (BoC) held its benchmark overnight interest rate steady. Inflation remains elevated and above target.

However, inflationary pressures still appear to be largely contained to energy prices, and have not spilled over to other products, as evidenced by core inflation near the BoC’s 2% target. But the BoC did acknowledge that global developments have raised the upside risks to inflation. Here’s more from yesterday’s interest rate decision.

09/02/2026

S&P Global reported that Canada’s manufacturing sector expanded for a fifth straight month in August, albeit at a slightly slower pace than in July. Canada’s manufacturing sector has improved in 2026 compared to 2025, suggesting manufacturers and businesses have adapted to trade disruptions with the US.

However, the outlook is now clouded after fresh Canada-US trade tensions reemerged in late August.

09/01/2026

Last Friday, Statistics Canada reported that Canada’s gross domestic product grew at a relatively sharp pace over the second quarter of 2026. In fact, it was the fastest pace of growth since early 2023 and well above the Bank of Canada’s (BoC) own forecast.

Despite the sharp improvement in the second quarter, trade tensions with the US flared up again in August, raising uncertainty towards the outlook for Canada’s economy over the remainder of 2026.

08/31/2026

The end of August turned out to be eventful after trade negotiations between Canada and the US fell apart, which resulted in the US imposing tariffs on Canada, and Canada saying it will also impose new tariffs on the US beginning on September 8.

This week will have several key economic announcements in Canada, which will garner attention from the investor community. Here’s what to watch for this week.

08/30/2026

In this week’s Week Ahead, Avery Shenfeld makes the case that, even after last week’s breakdown in trade talks, Canada still needs to stay at the table with the U.S.

While reducing that dependence is an important long-term goal, his view is that the immediate priority is to keep dialogue open and work with U.S. allies who also have a stake in avoiding further escalation.

08/28/2026

Statistics Canada released its Survey of Employment, Payrolls and Hours yesterday, providing a snapshot of Canada’s labour market in June. It found wage growth held steady even as hiring slowed, which could be a sign of a labour market gradually rebalancing.

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