Rebounding from yesterday's losses, Canadian stocks climbed on Friday as market participants welcomed Iran's reopening of the Strait of Hormuz which cooled the tensions related to crude oil supply disruption ahead of the second round of U.S.-Iran peace talks.
Canadian stocks moved higher on Friday, lifting the benchmark S&P/TSX Composite Index to its highest level since March 2, as investors reacted to news that Iran has declared the Strait of Hormuz completely open to commercial traffic on the heels of the 10-day ceasefire between Israel and Lebanon.
Scotiabank (BNS) said it expects net income contribution from its ownership interest in KeyCorp will be approximately C$77 million in second quarter. Adjusting for the amortization of acquired intangible assets of approximately C$8 million, the Bank's adjusted net income contribution from KeyCorp will...
The Canadian dollar strengthened against other major currencies in the Asian session on Friday, as crude oil prices has surged amid concerns of supply disruptions continue despite upcoming peace talks between the U.S. and Iran to end the month-long gulf war. WTI Crude Oil for May month delivery was...
The Canadian dollar strengthened against other major currencies in the Asian session on Friday. The Canadian dollar rose to a 1-month high of 116.60 against the yen and a 9-day high of 1.6112 against the euro, from yesterday's closing quotes of 116.20 and 1.6141, respectively. Against the U.S....
Following three sessions of gains, Canadian stocks edged lower on Thursday as investors await the upcoming second round of U.S.-Iran negotiations with cautious optimism amid the ongoing blockade on Iranian ports by the U.S.
The Canadian stock market got off to a firm start on Thursday amid hopes the proposed peace talks between U.S. and Iranian officials will result in a resolution to the ongoing conflict in the Middle East. However, the market pared gains and drifted into the red subsequently due to profit taking.
Slightly higher TSX futures and commodity prices point to a marginally positive start for Canadian stocks on Thursday. Expectations of U.S. and Iran agreeing on a peace deal this week may also support the market.
First Capital Real Estate Investment Trust (FCR-UN.TO) on Thursday said it has agreed to be acquired by Choice Properties REIT and KingSett Capital, on behalf of KingSett Real Estate Growth LP No. 8 and other investors, in a unit-and-cash transaction valued at about C$9.4 billion, including debt. Under...
Canadian National Railway Co. (CNR.TO, CNI), a resource infrastructure ownership and operations, on Thursday announced that it has entered into a definitive agreement with Acadian Timber Corp. (ADN.TO) to acquire 90% interest in the Berland Resource Road in northwestern Alberta. The deal represents...
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, as Asian shares traded higher, amid hopes a fresh round of negotiations between Iran and the U.S. this week will help resolve the ongoing conflict in the Middle East. The continuing drop in crude oil prices...
The Australian dollar strengthened against other major currencies in the Asian session on Thursday. The Australian dollar rose to a 36-year high of 114.21 against the yen, from yesterday's closing value of 113.96. Against the Canada and the U.S. dollars, the aussie advanced to a 5-year high of...
Following two days of consecutive gains, Canadian moved a little higher on Wednesday as traders weighed the impact of the U.S.-enforced blockade on Iran's ports against the proposed second round of U.S.-Iran negotiations coming up in a few days.
The Canadian market's benchmark S&P/TSX Composite Index climbed to a six-week high Wednesday morning, lifted by gains in technology stocks in particular, and some brisk buying at select counters in financials and healthcare sectors.
Volatus Aerospace Inc., (FLT.TO), has secured a multi-year contract to deliver specialist training to a NATO allied government ministry, the Canadian aerospace and defense firm announced on Wednesday. The agreement runs for an initial two years with renewal options that could take the total value...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.