Canadian stocks moved lower on Monday as investors refrained from big bets after the U.S. and Iran pushed to re-assert control over the Strait of Hormuz. The intensifying conflict pushed oil prices and inflationary concerns higher once again.
The Canadian market remains firmly down in negative territory Monday afternoon, weighed down by losses in consumer staples, consumer discretionary, materials and industrials sectors. Energy stocks are up, rising on firm oil prices.
Canadian stocks look headed for a weak start Monday morning as higher oil prices amid Middle East tensions, and U.S. President Donald Trump's fresh threat on European cars and trucks are likely to weigh on sentiment.
Monday, AbbVie Inc. (ABBV) announced that SKYRIZI has been listed for the treatment of moderately to severely active ulcerative colitis on the public drug formularies in Ontario and Alberta. Additionally, Canada's Drug Agency has recommended SKYRIZI to be reimbursed with conditions by public drug...
Mayfair Gold Corp. (MEGCF, MFG.V), a Canadian gold exploration company, Monday said that it has appointed Drew Anwyll as Chief Executive Officer, effective immediately. He previously served as Chief Operating Officer. The current CEO, Nick Campbell, will step down and leave the company, it added. According...
The Canadian dollar weakened against other major currencies in the Asian session on Monday, as the decline in crude oil prices following the commencement of Operation Freedom by President Trump. Traders remain cautious amid the uncertainty prevailing around the peace proposal to end the Middle East...
The Canadian dollar weakened against other major currencies in the Asian session on Monday. The Canadian dollar fell to 4-day lows of 1.3608 against U.S. dollar and 0.9810 against the Australian dollar, from Friday's closing quotes of 1.3594 and 0.9789, respectively. Against the yen and the euro,...
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.
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 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 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...
British rock star Yungblud has announced an exclusive pop-up in Toronto in support of his sold-out North American tour.
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 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...
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,...
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.