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...
Canadian Imperial Bank of Commerce (CM.TO, CM) announced its intention to purchase for cancellation up to 30 million common shares under a normal course issuer bid. The price paid for the common shares will be the market price at the time of the purchase. Common shares that may be purchased for cancellation...
On Wednesday, Champion Iron Limited (CIA.TO, CIA.AX), a mining company based in Australia, reported lower profit in the fourth quarter, attributable to weak revenues due to lower sales volume, despite production growth. On Thursday, the shares closed at A$4.78, 4.59 percent lower on the ASX. Further,...
Railway company Canadian Pacific Kansas City Limited (CP.TO) said it has received a 72-hour strike notice from the International Brotherhood of Electrical Workers (IBEW) Canadian Signals and Communications System Council No. 11, which represents about 300 Signals and Communications employees across Canada. The...
Canadian stocks edged lower on Wednesday, extending the losses from yesterday's session, as a peace deal between the U.S. and Iran to end the gulf war remains elusive, compelling investors to hold back from risky moves.
The Canadian government is introducing new border rules to stop Ebola from spreading into the country as cases continue to increase in the Democratic Republic of the Congo, Uganda, and South Sudan. Starting this week, travelers coming from the affected regions will be required to self-isolate for...
After opening lower and drifting further down in negative territory, the Canadian market remains weak around mid-morning on Wednesday with stocks from energy and materials sectors reeling under pressure due to weak commodity prices.
The Canadian market is likely to open on a positive note on Wednesday, tracking fairly strong quarterly earnings updates from major banks. Concerns about Middle East tensions may weigh a bit and render the mood cautious.
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.