Canadian stocks edged higher on Friday as investors welcomed the developments in U.S.-Iran negotiations to end the war. However, today's economic data release, technically indicating the economy is in recession, held traders back from big moves which capped the gains.
After opening marginally up and advancing further, the Canadian market slipped into negative territory Friday morning, but recovered swiftly to move higher, riding on strong gains in technology and materials sectors.
The Bank Of Nova Scotia (BNS, BNS.TO) said on Friday that it has inked a deal to acquire Maple Financial Holdings, Inc., parent company to MapleMark Bank. Travis Machen, CEO and Group Head, Global Banking and Markets, Scotiabank, said: "Our acquisition of MapleMark Bank allows Scotiabank to offer...
Canadian stocks are likely to open on a mixed note on Friday with investors reacting to Middle East news and digesting the most recent economic data and earnings news.
Three nations hosting the 2026 FIFA World Cup host have announced Public Health Travel Measures for African fans attending the football tournament in July-August. The United States, Mexico, and Canada have announced aligned public health travel measures for individuals coming from African regions...
Laurentian Bank of Canada (LB.TO), posted a loss in the second quarter on Friday, reversing a year-ago profit, after revenue dropped. For the second quarter, net loss was $20.59 million or $0.50 per share compared to an income of $32.33 million or $0.69 per share last year. Quarterly revenue declined...
Kane Biotech Inc. (KNE.V) released its financial results for the first quarter ended March 31, 2026, reflecting a decline in revenue. Company Profile Kane Biotech is a biotechnology company focused on developing treatments for wounds. The company's portfolio includes FDA-cleared revyve Antimicrobial...
Canadian stocks moved to the downside early in the session on Thursday but regained ground over the course of the trading day to close modestly higher. The benchmark S&P/TSX Composite Index climbed well off its worst levels of the day and into positive territory, closing up 105.65 points or 0.3 percent...
After an early setback, the Canadian market recovered and moved above the flat line Thursday morning, lifted by gains in technology, materials and healthcare sectors. The early drop was due largely to concerns about rising tensions in the Middle East. Investors also reacted to quarterly earnings updates from major banks.
BMO Financial Group (BMO, BMO.TO) Thursday announced a renewed strategic partnership with the Vector Institute for Artificial Intelligence for an additional five years. The renewal reinforces BMO's commitment to advancing responsible AI. BMO is a founding supporter of the Vector Institute since 2017....
ATS Corporation (ATS), an automation company, reported on Thursday, narrower loss in the results for the fourth quarter of 2026, ending March 31, which reflected higher revenues, partially offset by increased Sales, General and Administrative expenses. The net loss for the fourth quarter went down...
Lower Canadian and U.S. futures amid escalating tensions in the Middle East point to a weak opening for Canadian stocks on Thursday.
On Thursday, BRP Inc. (DOO), a powersports and marine company, reported lower profit for the first fiscal quarter, ending April 30, 2026, despite higher revenue generated by higher ORV and PWC shipments. The net income for the first quarter went down to C$127.3 million, from C$161.0 million in 2025....
Real estate services company FirstService Corporation (FSV.TO) on Thursday said its subsidiary Century Fire Protection has acquired GSC Fire & Security and Titan Fire Protection, expanding its fire protection business in Texas and Florida. Financial terms of the deals were not disclosed. GSC,...
Royal Bank of Canada (RY.TO, RY) announced its intention to commence a normal course issuer bid and to repurchase for cancellation up to 45 million of its common shares. The Bank intends to file a notice of intention with the TSX in this regard. Purchases may commence on June 12, 2026, and may continue...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.