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canadian news

  • Canadian Market Up Marginally; Materials Stocks Tumble May 19, 2026 12:19 ET

    Canadian shares are turning in a mixed performance on Tuesday with investors mostly making cautious moves, digesting the nation's inflation data and following news about the U.S.-Iran conflict.

  • TELUS Invests More Than $66 Bln For Five-Year Network Expansion May 19, 2026 10:03 ET

    TELUS Corporation (TU), a Canadian telecom company, Tuesday announced that it is investing more than $66 billion over the next five years to expand and enhance its network infrastructure and operations across Canada. Through this investment, the company hopes to advance Canada's tech and AI sovereignty,...

  • Canadian Market Seen Opening On Mixed Note May 19, 2026 08:41 ET

    It's likely to be a mixed start for stocks on Bay Street on Tuesday with investors reacting to the nation's inflation data and weighing the developments on the geopolitical front.

  • CGI, Posti Expand Partnership In Omnichannel Communication Solutions May 19, 2026 07:15 ET

    IT and business consulting service firm CGI Inc. (GIB-A.TO) and Posti, a postal service and logistics company, on Tuesday said they have expanded their strategic partnership through a new eight-year agreement. The deal focuses on omnichannel communications solutions that combine digital and physical...

  • Canfor Corp Affiliate Vida AB To Shut Down Sawmill Operations In Sweden May 19, 2026 02:13 ET

    Canfor Corp. (CFP.TO), a Canadian integrated forest products company, said on Tuesday that its 77 percent-owned subsidiary, Vida AB, will permanently shut down its sawmill operations in Urshult and Orrefors, Sweden. The company said that the closures are expected to reduce Vida's annual lumber production...

  • Antipodean Currencies Fall Amid Risk-off Mood May 18, 2026 04:49 ET

    The antipodean currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Monday, as Asian stock markets traded lower, as traders remain concerned about surging crude oil prices and rising global bond yields. They also remain...

  • Yen Drops Against Majors May 18, 2026 00:51 ET

    The Japanese yen weakened against other major currencies in the Asian session on Monday. The yen fell to nearly a 3-week low of 159.07 against the U.S. dollar, nearly a 2-week low of 115.67 against the Canadian dollar and a 6-day low of 202.20 against Swiss franc, from last week's closing quotes...

  • Australian Dollar Falls Against Majors May 18, 2026 00:39 ET

    The Australian dollar weakened against other major currencies in the Asian session on Monday. The Australian dollar fell to 1-week lows of 113.12 against the yen and 1.6308 against the euro, from last week's closing quotes of 113.53 and 1.6257, respectively. Against the U.S. and the Canadian...

  • The Tragically Hip To Release Live Album In Celebration Of 10th Anniversary Of Final Tour May 16, 2026 13:04 ET

    The Tragically Hip, who played their final show in Kingston, Ontario, on August 20, 2016, have announced they will release a live album this August in celebration of the 10th anniversary of their final tour.

  • Canadian Stocks Tumble As Strait Of Hormuz Blockade Is Set To Continue May 15, 2026 16:28 ET

    Reversing the gains from yesterday's session, Canadian stocks slumped on Friday as the U.S.-China summit concluded with no announcement on a possible Chinese mediation to end the U.S.-Iran war, thereby renewing escalation concerns and leaving the Hormuz crisis unresolved.

  • Canadian Market Down Sharply As Materials Stocks Tumble May 15, 2026 14:28 ET

    The Canadian market is down sharply in negative territory Friday afternoon, hurt by losses in materials, healthcare and consumer discretionary sectors. Shares from utilities and financials sectors too are mostly down with notable losses.

  • Onex Q1 Earnings Fall May 15, 2026 09:14 ET

    Onex Corporation (ONEX), an asset management firm specializing in acquisitions, Friday reported lower earnings for the first quarter compared to the same period last year. Quarterly earnings decreased to $129 million $1.76 per share from $168 million or $2.36 per share of last year. Asset management...

  • Bay Street Likely To Open Weak May 15, 2026 08:28 ET

    Lower Canadian and U.S. futures amid renewed concerns over the Middle East conflict and rising oil prices point to a weak opening on Bay Street Friday morning. A lack of concrete outcome from the U.S.-China summit in Beijing is also likely to hurt sentiment.

  • A2Z Cust2Mate Solutions Q1 Loss Widens Despite Revenue Gain; Pre-market Stock Down May 15, 2026 07:46 ET

    A2Z Cust2Mate Solutions Corp. (AZ) a Canada based technology company, on Friday posted a wider quarterly net loss even as revenue rose, compared to the prior year. In pre-market activity on the Nasdaq, shares of A2Z Cust2Mate Solutions were down 7.59 percent, changing hands at $6.21, after closing...

  • Antipodean Currency's Slide Amid Risk-off Mood, U.S Dollar Rises May 15, 2026 02:10 ET

    The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday as Asian stock markets traded lower, amid concerns over the re-escalation of the Middle East conflict after ship attacks and seizures near the Strait of Hormuz....

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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