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Mixed Markets Follow Earnings as Canada Debates Safety, Surveillance and Border Health

Strong bank profits contrasted with caution on AI‑chip demand.

Overview

  • Canada’s S&P/TSX finished flat on Aug. 28 as U.S. indexes set fresh records after a pivotal earnings week.
  • Nvidia beat revenue and profit forecasts, yet slower sales growth for its AI chipsets left the stock trading lower the next day.
  • Third‑quarter results from TD, CIBC and peers were broadly robust, easing investor concerns about credit losses.
  • Public‑safety scrutiny intensified as the RCMP circulated a suspect image and a published letter decried fines for unpermitted plug‑and‑play cameras used for crime prevention.
  • A surge in asylum claims at Quebec’s St‑Bernard‑de‑Lacolle renewed calls from some physicians for on‑site health screening at land borders, including Emerson, Manitoba.