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0 0.000613371498671052 0.000613371498671052 0.00163565732978937 0.00173788591290126 -0.00214680024534868 -0.00168677162134539 -0.000715600081782942
Stock impact report

Rising foreign investment in Canada doesn't tell the whole story, economists say [Advisor.ca (Canada)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Advisor.ca
close to a two-decade high last year, while economists caution the volume of capital entering Canada isn't the only metric that matters. Agency data released last week shows foreign direct investment, or FDI, hit $96.8 billion last year, the highest level recorded since 2007. Prime Minister Mark Carney hailed the investment surge as “good news for Canadians” in a social media post last week. “More international investment means more of our businesses can scale up faster, creating more high-paying career opportunities for Canadians,” Carney said in a post on X. TD Bank economist Maria Solovieva cautioned that “just the sheer volume and direction (of investment) may not necessarily say anything specific.” “That's why it is important to look at the data on a sectoral basis, what types of transactions they are,” she said. Statistics Canada said merger and acquisition activity accounted for $43.8 billion of FDI last year, in line with levels seen in 2024. The trade and transpor Show less Read more
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