AGP Executive Report
Last update: 6 hours agoTrade & Tariffs: U.S. President Donald Trump again warned Canada’s PM Mark Carney that wildfire smoke is “poisoning” American air, saying Ottawa must contain fires or face tariffs and possible damages. Inflation Watch: Statistics Canada reported June inflation cooled to 2.8% year over year as gasoline prices fell sharply; excluding gas, inflation was flat at 2.2%, while grocery inflation eased to 3.9%. Capital Markets: CIX Trading won key approvals from the OSC and CIRO to launch its next-generation alternative trading system in early September, aiming to narrow Canada’s execution gap with the U.S. Banking & Investing: TD Asset Management closed its first loan in a new global private credit strategy, targeting an 8%–10% unlevered yield across direct lending, real estate debt, infrastructure debt and specialty finance. Corporate/Markets Notes: Saab and CAE signed an MoU to build Gripen training and simulation capabilities in Canada if the aircraft is selected. Income Products: Multiple Canadian split-corp trusts and ETFs declared August distributions, including Income Financial Trust and several “15 Split” and “Split Corp” vehicles paying monthly to late-July record holders.
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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