The Toronto-Dominion Bank (TD) Q3 2024 Earnings Call Transcript Summary
Market Rebounds but Stays Range Bound, Hungry For Rate Changes
Canadian strikes are causing American companies to be upset. Multiple trade groups have written a letter to Trudeau requesting government intervention.
① Two Canadian railroad companies have issued warnings that their railroads will face the risk of strikes if an agreement is not reached on Thursday. ② A US trade group has sent a letter to Canadian Prime Minister Trudeau requesting intervention because a strike of Canadian railroads will seriously affect the normal operation of the US economy. ③ In addition to the railroads, Canada's largest port, Vancouver Port, is also facing the risk of strikes.
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