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Stock impact report

2 Industrial Powerhouses That Can Thrive Even in Tough Times [Yahoo! Finance Canada]

TFI International Inc. Common Shares (TFII) 
The Canadian industrial stocks stand out as quite intriguing, even as the Canadian economy faces continued challenges going into the year's end and the start of 2025. Undoubtedly, the TSX Index has been rather resilient, even in the face of weak economic data. With Canada's unemployment rate rising just shy of the 7% mark, the highest it's been since 2017, questions linger as to whether Bank of Canada interest rate cuts will come quickly enough to set the stage for that so-called soft landing. In any case, Canadian investors should continue to play the long game with the types of businesses that can withstand prolonged periods of economic pressures. Deep value hiding in plain sight! While AI and tech stocks sell off, perhaps some of the more neglected corners of the market are worth consideration while valuations are still relatively modest. Of course, a medium or hard landing for the economy could mean such economically sensitive industrial stocks continue to face downside ris Show less Read more
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