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Stock impact report

Trudeau enters campaign playing on a steady economic backdrop [Business News Network (BNN) Energy & Resources (Canada)]

Canadian Imperial Bank of Commerce (CM) 
Last canadian imperial bank of commerce earnings: 2/26 05:53 am Check Earnings Report
Trudeau enters campaign playing on a steady economic backdrop Prime Minister Justin Trudeau, who called an election Wednesday, heads into the campaign with the economy on his side. A survey by Nanos Research Group for Bloomberg News shows Trudeau was holding on to his lead on the crucial question of economic stewardship in the days leading up to the campaign launch. The poll found 34 per cent of respondents saying they trust Trudeau the most to manage economic growth, versus 28 per cent for Conservative Party leader Andrew Scheer. Job gains, better-than-expected output in the second quarter and rising home prices all suggest the Canadian economy is relatively stable despite pockets of weakness seen in the U.S. and other advanced economies. And Trudeau’s Liberal Party is hoping to capitalize politically on the economic strength, as the Canadian leader struggles to recover from an ethics scandal hurting his personal brand. Trudeau kicked off the campaign Wednesday by putting his economi Show less Read more
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