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  • Canadian Stocks Surging Amid Reported Progress Toward U.S.-Iran Peace Deal May 06, 2026 11:35 ET

    Canadian stocks have moved sharply higher during trading on Wednesday, offsetting the weakness seen over the three previous sessions. The benchmark S&P/TSX Composite Index surged at the start of trading and has seen further upside over the course of the day. Currently, the index is up 431.17 points...

  • KISS' Gene Simmons Announces 2026 Canadian Tour May 06, 2026 10:01 ET

    KISS singer and bassist Gene Simmons has announced The Gene Simmons Band 2026 Canadian tour.

  • Canadian Market Might Start Positive May 06, 2026 09:25 ET

    Investors might be reacting positively to the U.S. President Donald Trump's suggestion for reopening the Strait of Hormuz. The response might ease the Middle East conflict for the timebeing. Oil prices are falling, crude oil futures are down 7.36 percent at $94.99. Gold and Silver are showing a positive...

  • Pan American Silver Q1 26 Earnings Conference Call At 8:00 AM ET May 06, 2026 07:01 ET

    Pan American Silver Corp (PAAS) will host a conference call at 8:00 AM ET on May 6, 2026, to discuss Q1 26 earnings results. To access the live webcast, log on to https://event.choruscall.com/mediaframe/webcast.html?webcastid=tTx2MVcP To listen to the call, dial 1-833-752-3507 (US) or 1-647-846-7282 (International).

  • Cenovus Energy Q1 Profit Up May 06, 2026 06:48 ET

    Cenovus Energy Inc. (CVE) on Wednesday reported higher first-quarter profit. Net earnings increased to C$1.570 billion or C$0.83 per share from C$859 million or C$0.47 per share a year earlier. Adjusted funds flow rose to C$3.377 billion or C$1.80 per share from C$2.212 billion or C$1.21 per share...

  • Yen Rises Amid Japan Fx Intervention May 06, 2026 04:03 ET

    The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, amid potential large-scale government actions. During the current Golden Week festivities, Japanese Finance Minister Satsuki Katayama issued a warning about "decisive measures" against speculative actions. After...

  • Yen Rises Against Majors May 06, 2026 03:15 ET

    The Japanese yen strengthened against other major currencies in the Asian session on Wednesday. The yen rose to a 1-1/2-month high of 182.05 against the euro, from an early 6-day low of 185.04. Against the U.S. dollar, the yen advanced to a 2-1/2-month high of 155.04 from an early low of 157.89....

  • Intact Financial Q1 Profit Rises May 06, 2026 02:02 ET

    Intact Financial Corporation (IFC.TO) reported solid first-quarter results, driven by higher investment income and steady underwriting performance. Net operating income attributable to common shareholders rose to C$770 million or C$4.33 per share from C$717 million or C$4.01 per share last year. Net...

  • IA Financial Q1 Profit Drops, Revenues Rise; Lifts Dividend; Announces Executive Changes - Update May 06, 2026 01:01 ET

    iA Financial Corporation Inc. (IAFNF, IAG.TO) reported Wednesday lower profit in its first quarter, despite higher revenues. Further, the firm lifted dividend. The company also announced that share buyback program maximum to be increased from 5% of shares outstanding to 8% of public float. The...

  • Suncor Energy Q1 Net Income Rises May 06, 2026 00:45 ET

    Suncor Energy (SU) reported first quarter net income of C$2.1 billion compared to C$1.7 billion, prior year. Earnings per share was C$1.77 compared to C$1.36. Adjusted operating earnings increased to C$2.3 billion from C$1.6 billion. Adjusted operating EPS was C$1.93 compared to C$1.31. Adjusted funds...

  • Canadian Stocks Inch Lower Amid Delay In U.S.-Iran Peace Deal, 'Project Freedom' Progress May 05, 2026 16:28 ET

    Canadian stocks slid on Tuesday as a delayed U.S.-Iran peace agreement kept up the conflict tensions while investors focused on the ongoing U.S. initiative to free up locked ships in the Strait of Hormuz.

  • Canadian Stocks Turning In Mixed Performance; Shopify Tanks May 05, 2026 12:31 ET

    Canadian stocks are turning in a mixed performance on Tuesday with investors reacting to earnings updates and closely following the developments in the Gulf region.

  • Bay Street May Open With Positive Bias May 05, 2026 08:56 ET

    Higher Canadian and U.S. futures and firm metal prices point to a positive start on Bay Street Tuesday morning. Energy stocks may struggle a bit on weak oil prices. The focus will be on corporate earnings updates.

  • Shopify Inc Q1 26 Earnings Conference Call At 8:30 AM ET May 05, 2026 07:30 ET

    Shopify Inc (SHOP) will host a conference call at 8:30 AM ET on May 5, 2026, to discuss Q1 26 earnings results. To access the live webcast, log on to https://www.shopify.com/investors/quarterly-results/webcast/q1-2026

  • Shopify Q1 Net Loss Narrows, Stock Down In Pre-Market May 05, 2026 07:27 ET

    Tuesday, Shopify Inc. (SHOP) announced first-quarter financial results, reporting a net loss of $581 million, compared to last year's $682 million. Total revenues increased to $3,170 million from $2,360 million in the previous year. GMV for the quarter stood at $100,743 million compared to $74,750...

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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