[Underlying Holdings Performance]: CBH.TO's price is directly influenced by the performance of the Canadian bonds it holds. Higher bond prices generally lead to a higher ETF price, and vice versa.

[Interest Rate Changes]: Rising interest rates typically decrease bond values, thus lowering the CBH.TO price. Conversely, falling rates tend to increase the ETF's price.

[Supply and Demand]: General market sentiment and investor demand for fixed income assets can impact CBH.TO's price. High demand can push the price up, while increased selling pressure can lower it.

[Credit Risk]: Changes in the perceived creditworthiness of the bond issuers within CBH.TO's portfolio can affect its price. Downgrades could lead to price declines.

[Inflation Expectations]: Rising inflation erodes the real value of fixed income payments, often resulting in lower bond prices and a decreased CBH.TO price.