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The Weekly Bottom Line: Looking for Signs of Slowing

U.S. Treasury yields extended their decline this week, with the 10-year now hovering around 4.5%. As economic data have decelerated, expectations for policy easing next year have helped markets continue to rally – up about 1% this week. This week, minutes from the Federal Open Market Committee (FOMC) meeting reinforced the Fed’s messaging that patience is warranted while the disinflation process is working, while housing starts data showcased that higher interest rates are working to cool th...
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FPAC welcomes federal government decision to include forest biomass in its ITCs

Forest Products Association of Canada (FPAC) applauds the federal government’s decision to include forest biomass conversion technologies for heat and electricity generation in its Clean Technology and Clean Electricity Investment Tax Credits (ITCs). The move was announced in today’s Fall Economic Statement tabled in the House of Commons by Finance Minister Chrystia Freeland.
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