James Black of Beutel Goodman Investment Counsel says the Canadian financial sector is cautiously optimistic about 2025
Solid results in 2024 expected to improve further, despite downside risks
Growing credit to non-banks in advanced economies drove rise
Exercise will examine turmoil driven by geopolitics, trade uncertainty
The central bank cited higher wages, inflation in its decision
While financial pressures have moderated, economic threats abound
Declining liquidity contributed to tighter credit terms, survey finds
Advisory clients only offered low-paying sweep accounts, regulator alleged
Credit card balances shrink, tempering increase in mortgage borrowing
The central bank 'must take on board the lessons from this unprecedented experience': Macklem
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