Canada’s ‘stealth recession’ may deepen if Trump tariffs threat comes true: PM [Investment Executive - News]
Franklin Resources, Inc. (BEN)
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Source: Investment Executive - News
Canada is in a “stealth recession” and is headed toward a clearer technical recession over the next 18 months if U.S. president-elect Donald Trump follows through on his threat to impose tariffs on Canadian goods, a Franklin Templeton Canada asset manager said on Thursday. “We don’t have a crystal ball, we don’t know how much of this turns into reality,” said Adrienne Young, senior vice-president, director of credit research and portfolio manager with Franklin Templeton Canada, during a panel hosted by the firm in Toronto. “But Canada is an exporting and importing nation. We are small, we are open and it’s going to be not great for us.” Young said she’s projecting a technical recession in Canada if the tariffs are implemented. She noted that an estimated 12% of Canadian jobs are tied to industries that export to the U.S. and that while absolute GDP growth in Canada was still positive in the third quarter of 2024, on a per capita basis, GDP growth has declined for the last six quart
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BEN
News
- Franklin Templeton Canada Announces Estimated December ETF Cash Distributions and Annual Reinvested Distributions [Yahoo! Finance]Yahoo! Finance
- Benefit Street Partners and Aker Acquire 55 Riverwalk in West New York, NJ for $158.5 million [Yahoo! Finance]Yahoo! Finance
- Franklin Resources, Inc. (NYSE: BEN) had its price target raised by analysts at Morgan Stanley from $18.00 to $19.00. They now have an "underweight" rating on the stock.MarketBeat
- Bronstein, Gewirtz & Grossman, LLC Encourages Franklin Resources, Inc. (BEN) Shareholders to Inquire about Securities InvestigationAccesswire
- Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Shareholders to ConnectAccesswire
BEN
Earnings
- 11/4/24 - Miss
BEN
Sec Filings
- 12/20/24 - Form DEF
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- BEN's page on the SEC website