The truth about capital spending

Inflation pressures, geopolitical tensions, and the Canada-US trade uncertainty are shaping the outlook for growth and interest rates. In this episode of Eyes on the Economy, Avery Shenfeld and Helen Lao examine the possible paths ahead for the U.S. and Canadian economies, what they could mean for the Federal Reserve and Bank of Canada, and the risks investors, corporate treasurers and CFOs may need to consider. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

CIBC Economist, Helen Lao, interviews Chief Economist, Avery Shenfeld, to unpack the truths and the myths surrounding capital spending and investment in Canada. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

CIBC’s Avery Shenfeld sits down with Andrew Grantham to examine the forces that have kept consumer spending softer than hoped until recently, and why the outlook heading into 2027 may be encouraging. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

CIBC’s Avery Shenfeld and Benjamin Tal challenge some common assumptions about where Canadian population growth has been, where it’s headed, and what this means for Canada’s economic growth forecast and labour market ahead. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

CIBC’s Benjamin Tal and Helen Lao discuss how AI is affecting inflation, GDP growth and the policy challenge facing central banks, as near-term investment demand adds price pressure while longer-term productivity gains could prove disinflationary. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

CIBC Chief Economist, Avery Shenfeld, joins Helen Lao to examine how Canada’s lagging productivity growth impacts living standards and spending power compared to the US. They discuss why recent slippage in productivity, incomes and financial wealth leaves Canada with a challenge that needs attention. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

CIBC Senior Economist, Katherine Judge, hosts a discussion with Chief Economist, Avery Shenfeld, as he compares inflation risks in Canada and the US, assesses the impact of higher oil prices, and discusses what it could all mean for interest rates in 2026 and beyond. This episode was recorded on Monday, May 25, 2026. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Senior Economist, Katherine Judge, hosts a discussion with Chief Economist, Avery Shenfeld, to break down the economic and market implications of the Canadian fiscal update and the latest interest rate announcements from the US Fed and the Bank of Canada, in the context of rising energy prices. This episode was recorded on Wednesday, April 29, 2026. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

CIBC Senior Economist, Andrew Grantham, interviews Chief Economist, Avery Shenfeld, to break down the ramifications of the Iran conflict on global oil prices, explore the intersection of energy markets and American politics, and discuss the expected trajectory for inflation and monetary policy in the U.S. and Canada as oil prices seek a new normal. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

CIBC’s Senior Economist, Katherine Judge, interviews Chief Economist, Avery Shenfeld about the implications of the US-Israel and Iran war for the North American economy and financial markets. They explore how global markets—especially oil—are reacting to the conflict, what investors are pricing in, and the potential impact on North America’s economy, inflation, and monetary policy. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.