The company says its AUM stood at $1.47 trillion at quarter end, up $98 billion from last year
Better market performance was offset by sizable loss on sale of debt instruments
Earnings roughly doubled from last year, aided by interest rates and lower expenses
Exports of crude oil, gold rose sharply
And Calgary home sales dropped 10% year over year
Slight pullback in rents mainly due to a spike in condo completions, Urbanation president says
Sharp difference from last year when the result for the first two months of the fiscal year was a $1.5 billion surplus
Economists expect another rate cut could be in store
The auto sector was the only one to see a modest increase
Actual housing starts were markedly lower in two of Canada's three major cities compared with June 2023