Canada’s population growth is expected to stall in the coming years as immigration moderates, but a TD Cowen report says that the slowdown will only be marginally impactful to companies whose growth may be affected. Canada’s population growth is expected to stall in the coming years as immigration moderates, but a TD Cowen report says the slowdown will only be 'marginally impactful' across different industries.
“We do not view the potential slowdown in population growth as overly material for the telecom, real estate, diversified financials, consumer discretionary and consumer products and services sectors,” the TD Cowen report analyzing the implications of different population growth scenarios said. “In other words, population growth can decelerate materially from 2023 levels with no disruptive impact on the financial growth being delivered by these telcos,” the report said, noting that population growth is only one of the factors that drives wireless subscriber growth.
For Sleep Country, the upside scenario could see earnings per share rise 3.25 per cent from the base case, while the downside would result in a 3.25 per cent drop. The baseline scenario for both companies will see earnings per share increase compared to 2024. -- A surge of Chinese plastic supply is threatening to overflow in the face of weak domestic demand, morphing into a fresh trade challenge for the rest of the world.