CIBC warns of mortgage renewal shock, modest rebound expected after GDP contraction, rent declines, and more Great Chef 06.10 View in browser CIBC warns of mounting pressure at the margins as mortgage renewal shock peaks in 2026 View web version | Forward to a colleague 04 November 2025 Top News Mortgage renewal shock looms for 2026, but credit quality remains resilient: CIBC CIBC warns of mounting pressure at the margins as mortgage renewal shock peaks in 2026 Economists forecast slow growth as Canadian GDP contracts Canada's economy shrank in August, and experts expect only a modest rebound ahead Unifor calls for strong budget 2025 response to trade turmoil Union calls for bold action to protect jobs and economic resilience Migration trends drive rent declines in Canada's major cities, liv.rent report finds After years of relentless population growth and record-high rents, the market has entered a period of adjustment International News Bessent urges Fed to cut rates as housing sector feels recession's pinch US Treasury secretary points to housing recession, calls for faster Fed rate cuts RBA makes Melbourne Cup Day rate call Inflation, employment data sealed the deal for latest Monetary Policy Board decision Sellers slash $72.5m from asking prices as confidence builds in housing market Buyers still hold negotiation power – but that may be changing London home values plummet as Reeves narrows down least worst property tax options Exit tax! Mansion Tax! Council Tax! So many choices... Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2025 KM Business Information Canada Ltd. 317 Adelaide Street West, Toronto, ON Privacy | Conditions of Use | About us | Contact us Share this Share on FacebookTweet on TwitterPlus on Google+
EmoticonEmoticon