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Avery Shenfeld
Managing Director, Economics, Department, CIBC

Ph.D. (Economics), Harvard University


Avery Shenfeld is a Managing Director and Chief Economist with the wholesale banking arm of CIBC, having been with the firm since 1993.

He holds a Ph.D. in economics from Harvard University. Avery follows economic developments and their implications for financial markets. He was recently named by Bloomberg as one of the top five forecasters of the US economy in the past two years, is a two time winner of Dow-Jones Market Watch’s award for most accurate US forecaster, and has been ranked by fixed income investors among the leading five economists in Canada.

His prior background includes seven years in management consulting, and experience on the economics faculty at the University of Toronto and in the summer program at Harvard's John F. Kennedy School of Government. He has addressed numerous business groups and been quoted in the media in the United States, Canada, Asia and Europe.