Canadian and U.S. futures point to a flat start on Bay Street Wednesday morning, ahead of interest rate decisions from the Bank of Canada and the Federal Reserve.
CGI Inc. (GIB, GIB-A.TO), an IT and business consulting services firm, on Wednesday reported higher net income in the second quarter of fiscal year 2026 compared with the previous year, driven by the resilience of its business model, strong client relationships, and continued demand for its services...
Canadian stocks extended the losses from yesterday's session and pulled back on Tuesday as the U.S.-Iran stalemate continues. In addition, lingering concerns about the huge investments made in AI weighed on tech stocks in the U.S. as well as in Canada.
The Canadian market was down firmly in negative territory around mid-afternoon on Tuesday, weighed down by sharp losses in materials and technology sectors. Energy stocks are up with strong gains, riding on higher oil prices amid the ongoing conflict in the Middle East.
Canadian stocks are likely to swing between gains and losses on Tuesday with investors tracking the trend in the commodities market and continuing to assess the developments on the geopolitical front. With the focus on key central bank meetings, the mood is likely to remain cautious for much of the day's session.
Canadian stocks edged lower on Monday amid rising oil supply concerns after the U.S. cancelled peace talks with Iran, leaving the Strait of Hormuz to remain shut.
Canadian stock market's benchmark S&P/TSX Composite Index drifted lower on Monday, weighed down by losses in materials and consumer discretionary sectors. Thanks to higher oil prices, energy stocks gained significant ground, limiting market's downside.
Oil and gas major Shell Plc (SHEL, SHEL.L) Monday announced that it has entered into a definitive agreement to acquire Canadian energy company ARC Resources Ltd. (AETUF, ARX.TO) in cash and stock deal with equity value of around $13.6 billion. Under the deal terms, ARC shareholders will receive C$8.20...
Canadian shares are likely to open on a mixed note Monday morning with investors assessing the possibility of further talks between in the U.S. and Iran and looking ahead to monetary policy announcements from several central banks, including the Bank of Canada and the Federal Reserve, this week.
The commodity linked currencies such as the Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher with markets in Japan, Taiwan and South Korea surging, as traders remained cautious and shrugged...
The Canadian dollar strengthened against most major currencies in the Asian session on Monday. The Canadian dollar rose to a 4-day high of 1.3661 against the U.S. dollar, from a recent low of 1.3679. Against the yen and the euro, the loonie advanced to 116.70 and 1.6010 from last week's closing...
The Australian dollar strengthened against other major currencies in the Asian session on Monday. The Australian dollar rose to 4-day highs of 1.6346 against the euro and 114.28 against the yen, from Friday's closing quotes of 1.6394 and 113.96, respectively. Against the U.S. and the Canadian...
Canadian stocks changed a little on Friday as investors the prospects of an end to the gulf crisis amid reports indicating that Iran relaxed its hard stance supported the index. However, supply disruption concerns due to the closure of Hormuz strait restricted the gains.
After a slightly positive start the Canadian market slipped into negative territory Friday morning, and despite coming off lower levels, remained in negative territory a little before noon. The mood in the market remained cautious amid continued uncertainty about fresh round peace talks between the U.S. and Iran.
Canadian stocks are likely to open on a mixed note Friday morning with investors making cautious moves, assessing the situation in the Middle East.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.