Timbercreek Financial (TSE:TF) has released an update.
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Timbercreek Financial has reported a solid performance in the second quarter of 2024, with a net mortgage investment portfolio increase and sturdy distributable income despite a slight dip compared to the previous year. The company is confident in its strategic asset management abilities to navigate the current economic landscape and continues to focus on expanding its high-quality loan portfolio, bolstered by recent Bank of Canada rate cuts.
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