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  • Andrew Peller Agrees To Be Acquired By Fairfax June 15, 2026 08:49 ET

    Andrew Peller Limited (ADW-B.TO), an alcohol beverages manufacturer, Monday announced that it has agreed to be acquired by a newly formed subsidiary of Fairfax Financial Holdings Limited (FFH.TO) termed as the purchaser. The purchaser with Fairfax as the guarantor will acquire all of the issued and...

  • Element Fleet Management To Partner With Waymo To Advance Autonomous Mobility June 15, 2026 08:11 ET

    Element Fleet Management Corp. (EFN.TO) announced a strategic multi-year partnership with Waymo, a leader in autonomous driving technology, to support the large-scale deployment and operation of autonomous vehicle fleets. The partnership, enabled through Element Mobility, will provide end-to-end fleet...

  • Bay Street Likely To Open On Firm Note June 15, 2026 08:04 ET

    Sharply higher Canadian and U.S. futures and rising precious metals prices thanks to U.S.-Iran peace deal agreement point to a firm start on Bay Street Monday morning. The preliminary framework agreed to by the two nations includes halting the U.S. blockade of Iran and reopening of the Strait of Hormuz.

  • Seadrill Finance Announces Private Offering Of $600 Mln Of Senior Unsecured Notes June 15, 2026 08:00 ET

    Monday, Seadrill Limited (SDRL) announced that its subsidiary Seadrill Finance Limited intends to offer for sale of $600 million in aggregate principal amount of senior unsecured notes due 2034. The subsidiary intends to use the proceeds, together with cash on hand, to redeem all of its outstanding...

  • Edge Total Intelligence Wins $1.2 Mln Austal USA Contracts For U.S. Navy Platform June 15, 2026 06:05 ET

    Edge Total Intelligence Inc. (CTRL.V, UNFYF) Monday said that it has won contracts worth $1.2 million from Austal USA to provide data integration for the U.S. Navy's Digital Secure Exchange for Additive Platform. The contracts cover edgeTI's edgeCore digital twin software, which will serve as the...

  • Commodity Currencies As Rise U.S.-Iran Peace Deal Lifts Sentiment June 15, 2026 03:44 ET

    The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday, with investors cheering the news about Iran and the U.S. signing a peace deal to end the crisis in the Middle East. The preliminary framework...

  • Canadian Dollar Climbs Against Most Majors June 15, 2026 02:52 ET

    The Canadian dollar strengthened against most major currencies in the Asian session on Monday. The Canadian dollar rose to a 2-month low of 1.6221 against the euro and a 4-day high of 1.3950 against the U.S. dollar, from Friday's closing quotes of 1.6184 and 1.3990, respectively. Against the...

  • Australian Dollar Rises Against Majors June 15, 2026 02:42 ET

    The Australian dollar strengthened against other major currencies in the Asian session on Monday. The Australian dollar rose to 10-day highs of 0.7088 against the U.S. dollar, 113.42 against the yen and 0.9894 against the Canadian dollar, from Friday's closing quotes of 0.7046, 112.90 and 0.9857,...

  • U.S. Dollar Retreats Against Canadian Dollar June 13, 2026 06:28 ET

    The U.S. dollar retreated against the Canadian dollar in the New York session on Friday. The greenback retreated to 1.3959 against the loonie, from an early high of 1.3996. The currency is seen finding support around the 1.38 level.

  • OpenText Doubles Ireland Investment With EUR 105 Mln Commitment And 400 New Jobs June 13, 2026 03:05 ET

    OpenText (OTEX, OTEX.TO) has announced a 105 million euros investment that will create 400 new jobs across its sites in Ireland over the next three years. This commitment doubles the company's investment in the country and will significantly expand its capabilities in agentic AI, cybersecurity, sovereign...

  • Canadian Stocks Advance After Trump Announces U.S.-Iran Deal Signing By This Weekend June 12, 2026 16:31 ET

    Canadian stocks edged higher on Friday, extending the gains from previous session amid increasing optimism following U.S. President Donald Trump's reassurance on signing of a U.S.-Iran peace agreement over this weekend and reopening of the Strait of Hormuz. A surge in gold-linked materials sector gave the impetus to the index.

  • TSX Up 0.8%, Looks Set To End On Firm Note June 12, 2026 14:27 ET

    The Canadian market remains firmly up in positive territory Friday afternoon thanks largely to strong gains in materials stocks. Several stocks from real estate, consumer discretionary and financials sectors too are up with impressive gains. The undertone in the market is quite firm amid expectations Iran and the U.S. could sign a peace deal as early as this Sunday.

  • Bay Street Looks Headed For Firm Start June 12, 2026 08:22 ET

    Canadian stocks look headed for a positive start Friday morning amid rising hopes the U.S. and Iran will strike a peace deal this weekend.

  • Canadian Dollar Falls As Crude Oil Prices Slump June 12, 2026 08:16 ET

    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...

  • Canadian Dollar Falls Against Majors June 12, 2026 07:52 ET

    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...

Global Economics Weekly Update - Jun 08-12, 2026

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.