AGP Executive Report
Last update: 3 hours agoInflation & Rates: September inflation rose to 3.1%, driven by a 27.8% jump in gasoline prices, while prices excluding gas rose 2.2%. Softer core measures may support a Bank of Canada hold on Oct. 28, but businesses expect inflation above 3% for two years, with many planning to pass on higher costs. Bond Market: Walmart is considering its first Canadian-dollar bond sale, potentially raising at least C$3.5 billion as it expands. Foreign investors, meanwhile, sold Canadian federal debt at a record pace in August. Housing & Markets: Canadian home sales fell as higher mortgage rates and trade uncertainty weighed, while the TSX slipped, led down by financials and miners. Investing: More than eight in 10 surveyed Canadian DIY investors use finfluencers, AI or both, reshaping how individuals make investment decisions. Trade & Investment: Canada’s trade mission to India secured more than 30 commercial partnerships worth nearly C$300 million as both countries work toward a trade deal by year-end.
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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