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Canadian Banks Set More Aside for Bad loans

The Canadian Investor

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Challenges Facing Algonquin Power Amid Strategic Changes

This chapter explores Algonquin Power's decision to sell its renewable power business for $2.5 billion, aimed at enhancing its financial stability and transitioning to a regulated utility model. The speakers assess the impact of rising interest rates and floating rate debt on Algonquin's financial health compared to other utility companies.

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