Canadian stocks surged on Wednesday as U.S.-Iran peace talks progressed with high momentum, easing concerns of inflation and raising optimism on the reopening of the Strait of Hormuz.
Canadian stocks climbed up sharply on Wednesday as optimism about a potential U.S.-Iran peace deal rose amid progress in talks, helped offset concerns about inflation. U.S. President Donald Trump claimed on Tuesday that the U.S. war with Iran will end "very quickly."
Modestly higher Canadian and U.S. futures, amid some hopes for a potential U.S.-Iran peace deal point to a positive start for Canadian stocks on Wednesday.
Extending the losses from last week's session, Canadian stocks climbed earlier in the session following the announcement by U.S. President Donald Trump about halting a planned military attack on Iran but pared the gains to inch lower after he observed that strikes could commence anytime soon if Iran fails to strike a deal.
Canadian shares are turning in a mixed performance on Tuesday with investors mostly making cautious moves, digesting the nation's inflation data and following news about the U.S.-Iran conflict.
TELUS Corporation (TU), a Canadian telecom company, Tuesday announced that it is investing more than $66 billion over the next five years to expand and enhance its network infrastructure and operations across Canada. Through this investment, the company hopes to advance Canada's tech and AI sovereignty,...
It's likely to be a mixed start for stocks on Bay Street on Tuesday with investors reacting to the nation's inflation data and weighing the developments on the geopolitical front.
IT and business consulting service firm CGI Inc. (GIB-A.TO) and Posti, a postal service and logistics company, on Tuesday said they have expanded their strategic partnership through a new eight-year agreement. The deal focuses on omnichannel communications solutions that combine digital and physical...
Canfor Corp. (CFP.TO), a Canadian integrated forest products company, said on Tuesday that its 77 percent-owned subsidiary, Vida AB, will permanently shut down its sawmill operations in Urshult and Orrefors, Sweden. The company said that the closures are expected to reduce Vida's annual lumber production...
The antipodean currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Monday, as Asian stock markets traded lower, as traders remain concerned about surging crude oil prices and rising global bond yields. They also remain...
The Japanese yen weakened against other major currencies in the Asian session on Monday. The yen fell to nearly a 3-week low of 159.07 against the U.S. dollar, nearly a 2-week low of 115.67 against the Canadian dollar and a 6-day low of 202.20 against Swiss franc, from last week's closing quotes...
The Australian dollar weakened against other major currencies in the Asian session on Monday. The Australian dollar fell to 1-week lows of 113.12 against the yen and 1.6308 against the euro, from last week's closing quotes of 113.53 and 1.6257, respectively. Against the U.S. and the Canadian...
The Tragically Hip, who played their final show in Kingston, Ontario, on August 20, 2016, have announced they will release a live album this August in celebration of the 10th anniversary of their final tour.
Reversing the gains from yesterday's session, Canadian stocks slumped on Friday as the U.S.-China summit concluded with no announcement on a possible Chinese mediation to end the U.S.-Iran war, thereby renewing escalation concerns and leaving the Hormuz crisis unresolved.
The Canadian market is down sharply in negative territory Friday afternoon, hurt by losses in materials, healthcare and consumer discretionary sectors. Shares from utilities and financials sectors too are mostly down with notable losses.
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.