Sun Life Financial Inc. (SLF) and Wilton Re on Tuesday said they have agreed to establish a strategic reinsurance and asset management partnership, including the formation of Windsor Life Re, a U.S. and Bermuda-domiciled affiliated reinsurer. Wilton Re will manage Windsor Life Re, while SLC Management,...
BMO Financial Group (BMO, BMO.TO) on Tuesday announced that it plans to repurchase up to 25 million shares under a normal course issuer bid, which would commence on or around September 8, 2026 and run until September 7, 2027. "The proposed normal course issuer bid will provide the Bank with additional...
The U.S. dollar strengthened against most major currencies in the European session on Tuesday, after U.S. Treasury Secretary Scott Bessent announced a wave of new sanctions to isolate the Iranian regime and warned that countries and companies that help Iran move or hide money could face U.S. actions...
The U.S. dollar strengthened against most major currencies in the European session on Tuesday. The U.S. dollar rose to 6-day highs of 1.1651 against the euro, 159.44 against the yen and 0.8043 against the Swiss franc, from early lows of 1.1671, 159.10 and 0.8021, respectively. Against the Canada...
Canadian stocks inched higher on Monday, adding incrementally to Friday's gains, as investors held away from risky bets to focus on Canada's moves after the collapse of Canada-U.S. trade talks and new tariff threats from U.S. President Donald Trump. In addition, traders dissected the consequences of the massive economic blockade launched by the U.S. against Iran today.
Canadian stocks are turning in a mixed performance on Monday with investors tracking commodity prices and looking ahead to earnings updates from major banks, in addition to following the developments on the geopolitical front.
On Monday, PowerBank Corporation, a vertically integrated independent North American energy company, announced the appointment of Nicole Rusaw as Chief Financial Officer, effective immediately. Rusaw will succeed Sam Sun. Rusaw will oversee financial strategy as PowerBank continues to scale its North...
Canadian equities are poised for mixed trading Monday as investors monitor commodity markets, Middle East developments, and anticipated U.S. sanctions on Iran. Bank earnings reports this week are expected to keep sentiment cautious.
The Descartes Systems Group Inc. (DSGX, DSG.TO), a Canadian technology company, Monday announced that it has acquired Tai Software, a California-based provider of AI-powered transportation management solutions for freight brokers, in a deal valued at about $100 million. Tai's platform helps brokers...
Agnico Eagle Mines Limited (AEM, AEM.TO), a Canadian gold miner, said that it has inked a subscription deal with Radisson Mining Resources Inc. (RDS.V) to acquire 53,420,000 units of Radisson at C$1.07 per unit for a total consideration of C$57.159 million in a private placement. "Agnico Eagle is...
NASA's Artemis II crew members will be awarded the Congressional Space Medal of Honor on Friday. At a ceremony to be held at 11 a.m. ET at the agency's Johnson Space Center in Houston, President Donald Trump will award each of the crew member with the honor. NASA astronauts Reid Wiseman, Victor...
Endeavour Silver Corp. (EDR.TO, EXK), a mining company, announced that it is resuming operations of its Terronera Mine in Mexico on Monday, as the blockade by members of the nearby Ejido community has been removed. The mid-tier silver producer earlier had announced that operations at its Terronera...
The Canadian dollar weakened against other major currencies in the Asian session on Monday amid concerns about a deepening U.S.-Canada trade war and sliding oil prices. Following the breakdown of trade negotiations between the two nations on Friday, the U.S. levied 50 percent tariffs on $20 billion...
The Canadian dollar weakened against other major currencies in the Asian session on Monday. The Canadian dollar fell to 4-day lows of 1.3799 against the U.S. dollar, 115.11 against the yen and 1.6079 against the euro, from last week's closing quotes of 1.3767, 115.11 and 1.6117, respectively. Against...
Canadian Pacific Kansas City (CP, CP.TO) announced that the International Brotherhood of Electrical Workers Canadian Signals and Communications System Council No. 11 (IBEW) has agreed to enter into binding arbitration, bringing the strike initiated on May 31 to an end. The IBEW represents approximately...
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.