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Stock impact report

Canadians are fearful of buying homes due to tariffs, but is delaying saving up future pain? [Wealth Professional (Canada)]

Cabot Corporation (CBT) 
Last cabot corporation earnings: 2/3 04:16 pm Check Earnings Report
US:NYSE Investor Relations: cabotog.com/investors
With tariffs threatening to slow down the Canadian economy , it's hard to dismiss the caution of many would-be homebuyers right now. After all, making a major investment amid such economic uncertainty is not for the faint hearted. But there are also concerns about how the economic environment – and the direct impact of tariffs – may affect the construction industry, potentially adding pressure to existing supply challenges which may further weaken affordability. Much is uncertain, but what we do know is that home sales slipped in February, according to the latest stats from the Canadian Real Estate Association, published Monday. CREA reported a 10% month-over-month drop in sales activity recorded over Canadian MLS systems in February. This was the largest monthly decline since May 2022 and took home sales to their lowest level since November 2023. Almost all large markets and almost three quarters of all local markets posted declines, but the Greater Toronto and Greater Golde Show less Read more
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