AGP Executive Report
Last update: 12 hours agoAlberta Vote: Voters rejected starting a process toward a binding independence referendum, with about 77% backing staying in Canada in early results. The non-binding vote eases a source of uncertainty for the energy-rich province, though separatist leaders say their campaign will continue. Inflation and Rates: September inflation rose to 3.1%, while surging oil prices have prompted the Bank of Canada to signal a higher inflation outlook and markets to bet on a rate hike. Higher borrowing costs could add pressure to housing and business investment. Investment Rules: A new Canadian sustainable-finance taxonomy sets out green and transition categories to guide climate-aligned investment. Sector-specific screening rules are still being developed, starting with electricity, buildings and transportation. Labour and Immigration: Ottawa plans to reduce new student and temporary-worker arrivals while holding permanent-resident admissions at 380,000 a year and fast-tracking residency for up to 33,000 temporary workers.
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