The Canadian market may move up a bit Monday morning as energy stocks are likely to find support thanks to rising oil prices. Worries about Middle East tensions and continued uncertainty about U.S. and Iran striking a peace deal could limit market's upside.
Montreal-based IT services firm CGI Inc. (GIB-A.TO, GIB) on Monday said it has agreed to acquire Telia's cloud and IT end-user services business in Finland and form a strategic partnership with the telecom operator. The financial terms of the deal were not disclosed. Under the deal, about 250 Telia...
The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as traders remain optimistic about a permanent end to the Middle East war despite some pricking points on discussions to reach a potential deal to end the war and the opening of the Strait of Hormuz. In an...
The U.S. dollar strengthened against other major currencies in the Asian session on Monday. The U.S. dollar rise to a 4-day high of 159.50 against the yen, from Friday's closing value of 159.27. Against the Swiss franc, the euro and the pound, the greenback edged up to 0.7834, 1.1641 and 1.3446...
The U.S. dollar fell against its major counterparts in the New York session on Friday. The greenback fell to 3-day lows of 1.3485 against the pound and 159.09 against the yen. The greenback dropped to more than a 2-week low of 0.7795 against the franc and a fresh 2-week low of 1.1685 against the...
Lundin Mining Corporation (LUN.TO) announced an update to its share capital and voting rights. As of May 29, 2026, the number of issued and outstanding shares decreased by 231,484, bringing the total to 855,378,907 common shares with voting rights. This reduction reflects share buybacks completed under...
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.
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.