Chrystia Freeland’s resignation as Canada’s finance minister highlights increasing political uncertainty as financial challenges loom in 2025. … READ MORE >
Blog
How Canadian real estate leaders can adapt and succeed in a volatile 2025
Canadian real estate leaders must decide how to act in 2025 as further interest rate cuts loom, stricter immigration policies take effect and the federal government’s 10-year bonds are up. … READ MORE >
Morning market minute: The Fed’s terminal rate estimate needs to be lifted
We expect that the Federal Reserve will lift its estimate of the terminal rate to 3% this week. … READ MORE >
Tariff discussions in health care and life sciences industries stoke global supply chain concerns
The health care and life sciences industries could be facing significant changes under a second Trump administration. From the prospect of new tariffs to the likelihood that the BIOSECURE Act will be enacted, companies are scrambling to adjust to what could be a changed operating environment. Already, the prospect of … … READ MORE >
American household net worth sets record, bringing debt-to-asset ratio to 50-year low
The primary driver of this increase was rising equity prices, which added $2.8 trillion, marking the fourth consecutive quarter of significant growth. … READ MORE >
FOMC preview: A rate cut, followed by a prudent pause
We expect the Federal Reserve to reduce its policy rate by 25 basis points to a range between 4.25% and 4.5% at the Federal Open Market Committee’s meeting on Dec. 18. … READ MORE >
5 things to know in life sciences: Week of December 9, 2024
Each week we highlight five things affecting the life sciences industry. Here’s the latest. FTC appointments possibly signal decreased scrutiny on biopharma M&A President-elect Donald Trump’s nomination of Andrew Ferguson and Mark Meador to the Federal Trade Commission signals a potential shift toward a more business-friendly antitrust approach, focusing on … … READ MORE >
Bank of Canada cuts interest rate to 3.25% as focus shifts to gap with U.S.
The Bank of Canada lowered its interest rate to 3.25 per cent — an overdue move out of restrictive territory given that inflation has largely been tamed. Expect more rate cuts in early 2025 to get the economy onto an expansionary trajectory. The policy rate should come down to 2.75 … … READ MORE >
Asset management firms are optimistic on Q3 earnings calls as private asset demand rises
Firms mostly focused on increasing inflows and fee revenues, as well as growing their assets under management in Q3; some even reported the best results in their history. … READ MORE >
Inflation ticks up amid seasonal factors and strong growth
November marked the first month since April when overall CPI inflation grew by 0.3% monthly, or 3.7% annualized, well above the Fed’s 2% target. … READ MORE >