Cresco Labs Inc. (CRLBF, CL.CN, 6CQ.MU), an American cannabis company, on Friday reported a wider loss for the first quarter, driven by decreased revenue. Quarterly net loss widened to $17.01 million from $15.23 million last year. Adjusted EBITDA came in at $32.90 million compared to $36.23 million...
Enbridge Inc. (ENB), an energy infrastructure company, Friday reported lower earnings for the first quarter compared to the same period last year. Further, the company reiterated its outlook for fiscal 2026. Quarterly earnings decreased to C$1.67 billion or C$0.77 per share from C$2.26 billion...
The euro strengthened against other major currencies in the European session on Friday. The euro rose to a 4-day high of 0.8657 against the pound and a 2-day high of 184.50 against the yen, from early lows of 0.8640 and 183.94, respectively. Against the U.S. dollar and the Swiss franc, the euro...
A total of 6.42 million doses of unapproved and counterfeit pharmaceuticals worth $15.5 million have been seized in a global crackdown. Operation Pangea XVIII, coordinated by Interpol across 90 countries during March 10 - 23, led to 269 arrests and the dismantling of 66 criminal groups involved in the illicit pharmaceutical trade. Law enforcement agencies worldwide launched 392 investigations an
TELUS Corp. (TU, T.TO), a Canadian telecommunications company, on Friday reported net income declined in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to the shares declined 58 percent to C$136 million from C$321 million in the previous...
TELUS Corporation (TU), a Canadian telecom company, Friday announced that it has promoted Gopi Chande, incumbent CFO of TELUS Digital and TELUS Health, to the role of Chief financial Officer of Telus Corp, effective July 1. Chande succeeds Doug French who will retire from the company on June 30, after...
Partly offsetting yesterday's surge, Canadian stocks edged lower on Thursday amid reports indicating that while readying a response to U.S. peace proposal to end the war, Iran has prepared new rules for ships transiting the Strait of Hormuz to assert its control.
Following the rally seen during the previous session, Canadian stocks have shown a lack of direction over the course of the trading day on Thursday. The benchmark S&P/TSX Composite Index failed to sustain an initial move to the upside and has subsequently bounced back and forth across the unchanged...
Enerflex (EFX.TO, EFXT) reported that its first quarter net earnings increased to $43 million from $24 million, prior year. EBITDA was $110 million compared to $105 million. Adjusted EBITDA increased to $137 million from $113 million. First quarter revenue was $584 million compared to $552 million, a...
The U.S. dollar climbed against the Canadian dollar in the New York session on Wednesday. The greenback climbed to a 6-day high of 1.3641 against the loonie, from an early 2-day low of 1.3578. The currency is seen finding resistance around the 1.38 level.
AtkinsRéalis Group Inc. (ATRL.TO), a Canadian engineering services and nuclear company, said on Thursday that it has inked a deal to acquire Coras Solutions Pty Ltd., an Australian defense and national security advisory consultancy services provider. Ian L. Edwards, CEO of AtkinsRéalis, said: "Coras...
Rebounding from yesterday's slide, Canadian stocks surged on Wednesday as reports indicate that the U.S. and Iran are closing in on an agreement to discuss ways to end the gulf war permanently.
Canadian stocks have moved sharply higher during trading on Wednesday, offsetting the weakness seen over the three previous sessions. The benchmark S&P/TSX Composite Index surged at the start of trading and has seen further upside over the course of the day. Currently, the index is up 431.17 points...
KISS singer and bassist Gene Simmons has announced The Gene Simmons Band 2026 Canadian tour.
Investors might be reacting positively to the U.S. President Donald Trump's suggestion for reopening the Strait of Hormuz. The response might ease the Middle East conflict for the timebeing. Oil prices are falling, crude oil futures are down 7.36 percent at $94.99. Gold and Silver are showing a positive...
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.