Atlantic Street bets on HVAC with Canada’s GLP; GHK-backed WSB picks up engineering firm; LLR backs energy management biz
Atlantic Street Capital announces majority investment in GLP, a specialty HVAC distributor serving a range of markets; WSB, a portfolio company of GHK Capital Partners, has acquired Poly, an architecture and engineering firm; LLR Partners makes an investment in EnergyCAP, a utility and energy management platform. The post Atlantic Street bets on HVAC with Canada’s GLP; GHK-backed WSB picks up…
The Bank of Canada (BoC) is grappling with the complexities of an October policy decision, as higher population growth estimates complicate the situation. Royal Bank of Canada (RBC)'s Rachel Battaglia contends that an upward revision in population growth implies a stronger potential output, which would, in theory, lessen the pressure on the central bank to raise interest rates.
However, the BoC is now placing more emphasis on energy price risks, which presents a challenge for policymakers. Despite the fact that key slack indicators like unemployment and business surveys have remained unaltered by demographic revisions, the October meeting continues to be a difficult decision for the BoC.
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