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It’s Thursday, August 27. Here are the top stories we’re following today.
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Toronto-Dominion Bank beat analysts’ third-quarter earnings expectations by the biggest margin among the Big Six banks as the lender reported strong results in its U.S. business and a soaring profit in its wholesale banking segment on Thursday.
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Chapman’s Ice Cream, the largest independent ice cream manufacturer in Canada, has pledged to completely shift away from United States companies and ingredients — without increasing its prices for Canadian customers — in response to “unjustified tariffs” imposed by the United States.
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Canada’s counter-tariffs could add pressure on households amid already rising living costs, but the full impact may not be felt until months from now, economists say.
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Royal Bank of Canada beat analysts’ third-quarter earnings expectations on higher profits in its capital markets and wealth management business segments.
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Alberta Investment Management Corp. surpassed $200 billion in assets under management with a 7.1 per cent net investment return in the first half of the year marked by conflict in the Middle East, U.S. trade policy uncertainty and evolving inflation expectations.
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