AGP Executive Report
Last update: an hour agoRate Watch: The Bank of Canada’s decision is due today, with markets expecting a quarter-point hike; the outcome could move the Canadian dollar. Trade and Investment: Canada and the UAE signed a pact that will cut or remove tariffs on more than 99% of Canadian exports, as Ottawa pursues a reported $70-billion UAE investment commitment. Stablecoin Rules: Ottawa’s draft would let non-banks issue stablecoins under reserve requirements while barring rewards for holding them. Wealthtech: Power Corporation and IGM Financial are investing a combined $164 million in Wealthsimple’s financing round, valuing Power’s stake at about $2.1 billion including its new investment. Clean Energy Finance: Proposed changes to Clean Fuel Regulations aim to encourage investment in Canadian low-carbon fuel production and technology.
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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