Higher Canadian and U.S. futures point to a positive start on Bay Street Thursday morning. Weak commodity prices may weigh a bit, but the focus will largely be on U.S.-China summit, and news about Middle East conflict.
On the earnings front, Northland Power reported earnings per share of $0.33 for the first quarter of the current financial year, compared with $0.25 in the year-ago quarter. In the fourth quarter of the previous financial year, the company had reported earnings per share of $0.93.
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Business News
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.