AGP Executive Report
Last update: 2 hours agoBank of Canada: Governor Tiff Macklem told MPs that federal fiscal policy isn’t undermining the fight against inflation, but further rate hikes may be needed. Retail Property: RioCan’s retail occupancy hit a record 98.9% in the third quarter, as limited new supply and strong tenant demand lifted profit to $122.6 million. Aerospace Financing: Ottawa is offering De Havilland Canada up to $2.5 billion in loans and guarantees to double water-bomber production. Energy Investment: Blackstone and four Canadian pension funds agreed to invest US$3.1 billion for a 49.9% stake in a Mitsubishi subsidiary tied to LNG Canada, whose planned expansion would double capacity. Industrial Real Estate: CPP Investments, Dream Unlimited and Dream Industrial REIT acquired a 2.1-million-square-foot GTA logistics portfolio for $585.8 million. Trade Exposure: The U.S. revised its list of Canadian goods facing 50% tariffs, removing 22 products and adding 100.
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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