The Canadian dollar weakened against other major currencies in the European session on Friday, as crude oil prices slumped over 4 percent after U.S. President Donald Trump called off new military strikes on Iran and said a peace deal could be signed in a few days, helping ease fears of escalation. According...
The Canadian dollar weakened against other major currencies in the European session on Friday. The Canadian dollar fell to nearly a 2-month low of 1.6201 against the euro and a 4-day low of 0.9859 against the Australian dollar, from early highs of 1.6162 and 0.9821, respectively. Against the...
Edesa Biotech Inc. (EDSA), a clinical-stage biopharmaceutical company, on Thursday reported entering a Private Investment in Public Equity (PIPE) placement with healthcare-focused investors and the company's Chief Executive Officer (CEO). Shares increased by over 8% on Thursday. The company plans...
Canada-based Rogers Sugar Inc. (RSI_UN.TO, RSI.TO) announced that the main bargaining unit representing majority of workers at its Montreal refinery has ratified a new five-year collective agreement. The site employs about 240 unionized workers. The previous agreement with the union, "Le Syndicat...
Reversing yesterday's slide, Canadian stocks surged on Thursday as concerns of Middle East escalation diminished after U.S. President Donald Trump assured of a U.S.-Iran peace agreement soon and cancelled his earlier plans to hit Iran very hard and take control of Iran's Kharg Island.
The Canadian market remains firmly up in positive territory Thursday afternoon, with most of the gains coming over the past half an hour thanks to hectic buying in the consumer discretionary sector, particularly at the Dollarama counter.
On Thursday, Transat A.T. Inc. (TRZ_B.TO, TRZ.TO), a leisure travel service provider, reported wider net loss in the second quarter of 2026, and adjusted EBITDA turned negative. The results were hurt by material increase in aviation fuel prices as well as lower revenue from the suspensions of flights...
The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the European session on Thursday, as the crude oil prices dropped giving up earlier gains on hopes that U.S.-Iran peace negotiations could resume. Brent crude futures...
The Canadian dollar weakened against most major currencies in the European session on Thursday. The Canadian dollar fell to a 6-month low of 1.3981 against the U.S. dollar and a 2-day low of 1.6125 against the euro, from early highs of 1.3932 and 1.6087, respectively. Against the yen, the loonie...
The Australian dollar weakened against other major currencies in the European session on Thursday. The Australian dollar fell to near 2-month lows of 0.6990 against the U.S. dollar and 1.6503 against the euro, from early highs of 0.7012 and 1.6473, respectively. Against the yen and the Canadian...
Canadian stocks moved mostly lower on Wednesday after U.S. retaliation to Iran's downing of a U.S. helicopter and Iran's counter-attacks, led investors to wind up expectations on an amicable U.S.-Iran peace deal and an early reopening of the Strait of Hormuz.
After opening notably lower and edging further down, the Canadian market recovered and moved closer to the unchanged line Wednesday morning thanks to gains in the energy sector and several stocks from financials and technology sectors finding support at lower levels.
In a widely expected move, the Bank of Canada announced on Wednesday that it has once again decided to leave interest rates unchanged. The Canadian central bank said it decided to hold its target for the overnight rate at 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent.
Property services firm FirstService Corp. (FSV, FSV.TO), announced on Wednesday that its Roofing Corp of America subsidiary has acquired Schefers Roofing, expanding its commercial roofing operations into the Kansas City market. Terms of the deal were not disclosed. Schefers Roofing, founded in 1995...
Canadian stocks are likely to open on a negative note on Wednesday amid rising tensions in the Middle East following fresh attacks by Iran and U.S. forces. Investors will also be reacting to the Bank of Canada's monetary policy announcement, due shortly after the opening bell.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.