With highly educated immigrants set to grow Canada’s population, one of the world’s largest asset management firms is looking to invest heavily in the country.

​A selloff in stocks and bonds eased as calm returned to markets after a rate scare that pushed U.S. shares to their lowest since early June.

Top picks from Brian Acker, president, chief executive officer and chief investment strategist, Acker Finley

Canada's main stock index closed down almost 250 points Tuesday with broad-based losses led by the telecom, utilities and base metal sectors, while U.S. stock markets also tumbled.

U.S. stocks sank Tuesday as confidence in the economy waned and investors contemplated a protracted period of high interest rates. The dollar extended its winning streak for a fifth day.

One prominent oil investor says the commodity has some of the strongest tailwinds in recent decades, but lagging energy stocks don’t tell that story.