Report: B-20 stress test caused $15B drop in new mortgages

CIBC's chief economist Benjamin Tal's indicates that while the B-20 mortgage stress test has cooled the Canadian market, it might be time to loosen the reigns.
Bay Park Centre

REMI Network

CIBC moving headquarters to Bay Park Centre

CIBC will be moving about 15,000 of its Toronto-area employees to its new headquarters at Bay Park Centre in Toronto’s financial district.
purpose-built rental

Canadian Apartment Magazine

More purpose-built rental needed in GTA: CIBC

Preventing a full-blown housing-affordability crisis in the Greater Toronto Area will require GTA-specific policies aimed at increasing the supply of purpose-built rental units, finds a
moving back home


Millennials prioritize home ownership: CIBC poll

In a recent poll conducted by CIBC, 86 per cent of millennials (ages 18 to 34) stated that they found home ownership important, which is
residential land transactions


Adjustment likely in T.O. condo market: CIBC

A CIBC report predicts that subsiding rental demand and increasing condo supply will likely lead to an impending adjustment in Toronto's high-rise market.
green bond

REMI Network

CIBC among world’s greenest banks

CIBC has been designated of one of the world’s greenest banks, according to Bloomberg Markets magazine. Along with 20 other banks, CIBC’s rank is based