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PRESS DIGEST-Canada - July 22

BY Reuters | ECONOMIC | 07/22/25 08:07 AM EDT

July 22 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

Adastra Group, an IT consultancy co-headquartered in Toronto and Prague, is selling a majority stake to U.S. private equity firm Carlyle Group (CG).

U.S. President Donald Trump's unpredictable trade policy has negatively impacted Canadian businesses and consumers, but fewer are expecting a worst-case tariff scenario, says Bank of Canada in a pair of surveys.

(Compiled by Bengaluru newsroom)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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