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Recent Articles

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Commentary: Canada's housing market set for rebound, but could take months for buyers to return to the market; TD Bank sees significant pent-up demand, especially in Ontario and British Columbia, but uncertainty may keep some buyers cautious this spring

TD Securities reaffirms Western Forest Products at hold and trims target by C$0.10 to C$0.75, says company lacks balance-sheet flexibility of some larger-cap peers, which limits potential catalysts such as acquisition potential

TD Securities downgrades Interfor to hold from buy due to 44% share price appreciation since late October, and raises target by C$3 to C$27; analyst expects Interfor to manage free cash flow by lowering its 2024 capex by 30% year-over-year

Commentary: Economists expect Canadian housing market to rebound in 2024, largely dependent on forecasts of Bank of Canada cutting interest rate from current 5%; TD sees signs of market starting to turn around despite recent weaker sales, pricing activity

TD Securities reaffirms Western Forest Products' hold rating and trims target by five cents to C$0.80, views company as lacking balance sheet flexibility of some larger-cap peers, which limits potential catalysts, such as acquisition potential

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