AGP Executive Report
Last update: 6 hours agoAir Canada & Aeroplan Deal: Air Canada is selling a 25% stake in Aeroplan for $2.5B to Blackstone and Canadian pension funds, with proceeds aimed at debt paydown and a planned share buyback. Pensions & Domestic Investing: OMERS says it added $1B in Canadian stocks in the first half and is “shoring up” key holdings, while also targeting more Canada-focused investments. Municipal Finance: Peterborough is joining Ontario’s ONE Joint Investment Board to use the Prudent Investor Standard, widening how cities can invest excess cash. Health-Care Cost Control: A McGill/Douglas-led Lancet Psychiatry study finds a community-based youth mental health model (ACCESS Open Minds) cut system costs by about $4,355 per patient annually. Trade & Growth Strategy: Canada is pushing to conclude a free trade deal with ASEAN this year, aiming to deepen Southeast Asia ties and diversify trade. Tech & Capital Markets: Nvidia is partnering with major Wall Street firms to raise up to $500B for AI infrastructure financing, drawing “circular deal” concerns. Local Infrastructure Funding: Salmon Arm secured $58K for a long-term asset management plan under a federal community grants program.
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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