AGP Executive Report
Last update: 4 hours agoBig Tech & Data Centres: U.S. hyperscalers are showing up in Alberta’s data-centre push, with Google (and reports of Meta and Amazon) drawing attention at the Calgary Stampede as the province targets C$100B in investment. Commercial Real Estate: Colliers says Canadian office markets have “turned around” in Q2, with office vacancy falling for a fourth straight quarter and industrial tightening continuing. AI Meets the Public Markets: Momenta debuts in Hong Kong, raising about HKD 6.8B (US$867M) and highlighting investor appetite for “physical AI,” while Canada Pension Plan Investment Board is listed among anchor investors. Banking & Wealth: National Bank of Canada agrees to buy B.C. trust firm Truvera Trust for an undisclosed sum to expand Western wealth management. Markets & Macro: Canada’s job churn looks set to rise, with a survey finding nearly a quarter of Canadians plan to change jobs in six months. Defence Financing: Canada and the UK issued a joint statement backing multilateral approaches to defence financing and procurement as NATO spending ramps up. Household Pressure: StatsCan-linked reporting ties extreme weather to higher insurance premiums, adding to cost-of-living strain.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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