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  • Canadian Stocks Slip As Iran Submits Fresh Peace Proposal Amid Strait Of Hormuz Closure May 01, 2026 16:31 ET

    Canadian stocks ticked lower on Friday amid the ongoing Strait of Hormuz blockade, while reports indicating that Iran has sent a fresh peace proposal to the U.S. to end the gulf war limited the losses.

  • Bring Me The Horizon Announce 2026 North American Tour Dates May 01, 2026 15:01 ET

    BRIT and Grammy-nominated, multi-platinum-selling band Bring Me The Horizon have announced they will embark on a 2026 North American headlining tour.

  • Canadian Stocks Turning In Mixed Performance May 01, 2026 13:48 ET

    Canadian stocks are turning in a mixed performance in largely cautious moves by investors amid lingering concerns about the ongoing conflict in the Middle East.

  • Imperial Oil Q1 Net Profit Declines; Declares Dividend; Stock Down 5.2% May 01, 2026 10:25 ET

    Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that first-quarter net income declined to C$940 million or C$1.94 per share from C$1.29 billion or C$2.52 per share in the prior-year quarter. Total revenues and other income for the quarter edged down to C$12.45 billion from C$12.52 billion in the...

  • Yungblud Announces Toronto Pop-Up In Support Of North American Tour May 01, 2026 09:01 ET

    British rock star Yungblud has announced an exclusive pop-up in Toronto in support of his sold-out North American tour.

  • Bay Street Likely To See Mixed Trend May 01, 2026 08:46 ET

    Canadian shares are likely turn in a mixed performance on Friday with investors reacting to corporate earnings updates and continuing to assess the developments on the Middle East front.

  • Brookfield Renewable Partners Q1 FFO Rises May 01, 2026 08:11 ET

    Brookfield Renewable Partners L.P. (BEP-UN.TO, BEP) reported first quarter Funds From Operations or FFO of $375 million compared to $315 million, last year. FFO per unit was $0.55 compared to $0.48. The company reported a first quarter net loss attributable to Unitholders of $229 million compared...

  • TC Energy Q1 Net Income Declines, Reaffirms FY26 Outlook; Stock Down In Pre-Market May 01, 2026 07:58 ET

    Friday, TC Energy Corporation (TRP) announced first-quarter financial results, revealing net income attributable to common shares of C$899 million, or C$0.86 a share, compared to C$978 million, or C$0.94 a share, in the previous year. Revenues totaled C$3,861 million from last year's C$3,623 million. Also,...

  • Magna International Slips To Loss In Q1; Confirms FY26 Adj. EPS View, Cuts Sales Outlook May 01, 2026 05:47 ET

    Mobility technology company Magna International, Inc. (MGA, MG.TO) Friday reported a loss in its first quarter, compared to prior year's profit, hurt by a loss related to certain asset sale, despite highr sales. Looking ahead for fiscal 2026, the company continues to project adjusted earnings per...

  • Air Canada Q1 Revenue Climbs On Strong Demand; Suspends Annual Outlook On Middle East Conflict May 01, 2026 02:34 ET

    Air Canada (AC.TO), the flag carrier of Canada, reported a net profit for the first quarter of fiscal 2026 on increased revenue, mainly due to a strong demand across the network. In addition, the airline has suspended its annual guidance, citing persisting conflict in the Middle East. For the three-month...

  • Victory Square: Hydreight Delivers Record Growth And Profitability In FY25 May 01, 2026 01:01 ET

    Victory Square Technologies Inc. said Hydreight Technologies delivered record results for fiscal 2025. Adjusted EBITDA was $2.5 million compared to $136 thousand, prior year. Revenue increased to approximately $35.4 million from approximately $16.04 million. Adjusted revenue was $43.56 million, up 95%...

  • Canadian Stocks Show Significant Move Back To The Upside April 30, 2026 16:25 ET

    After trending lower over the past few sessions, Canadian stocks showed a strong move back to the upside during trading on Thursday. The benchmark S&P/TSX Composite Index moved higher early in the session and climbed more firmly into positive territory as the day progressed. The index shot up 645.94...

  • Canadian Market Up Sharply On All-round Buying April 30, 2026 13:53 ET

    The Canadian market is up firmly in positive territory Thursday afternoon thanks to hectic buying in stocks from across several sectors. A preliminary estimate showing the Canadian GDP expanded in the first quarter despite a stall in March, and a drop in oil prices helped lift sentiment.

  • Bay Street May Open On Positive Note April 30, 2026 09:05 ET

    The Canadian market may open with a positive bias on Thursday with materials stocks finding some support thanks to higher precious metals prices. Oil's fall may hurt energy stocks. Investors will also be reacting to a slew of corporate earnings updates and Canadian GDP data.

  • Yen Rises Amid Japan Intervention Warnings April 30, 2026 08:02 ET

    The Japanese yen strengthened against other major currencies in the European session on Thursday, as Japanese Finance Minister Satsuki Katayama issued a clear intervention warning. Katayama confirmed that the "timing for decisive action is near" and that the Japanese government is moving closer to...

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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