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Stock impact report

Posthaste: Canada's biggest city is losing momentum, and that's a problem for the whole country [Yahoo! Finance Canada]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Toronto is lagging other big centres in the country as the trade war and slumping housing market take a toll on the economy. “Far from being an economic powerhouse, the evidence presented here points to rising unemployment, weak income growth, and stagnant living standards in Canada's largest metropolitan area,” said a Fraser Institute report by Ben Eisen and Nathaniel Li. The Fraser study looks at Toronto's economic performance since 2000, specifically how its unemployment rate , median employment income, and before-tax household incomes compare to other metropolitan areas across Canada. Employment income growth delivered an especially “dismal” performance. From 2000 to 2023, median income growth in Toronto fell by 0.2 per cent, while the average for Canadian cities grew by 15.1 per cent. Only Windsor and Oshawa experienced bigger declines. Median pre-tax household income, an important indicator of well-being according to the Fraser Institute, has stagnated since the turn Show less Read more
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