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Canada’s economy added far more jobs in July than expected and the unemployment rate dropped to a two-year low, data showed on Friday, in another sign the economy is coping with U.S. tariffs and international tensions.

Statistics Canada said employment had jumped by 75,100 positions on strong gains in both the full-time and part-time sectors. The jobless rate fell for the third consecutive month, dipping from 6.5 per cent to 6.4 per cent, a level last seen in July, 2024.

Analysts polled by Reuters had forecast a net gain of 16,500 positions and estimated the jobless rate would remain at 6.5 per cent.

July’s blowout follows the creation of 87,800 jobs in May.

The Bank of Canada said on July 15 that there were clear signs the economy was dealing better with the challenges posed by U.S. President Donald Trump’s tariffs and the uncertainty caused by the Middle East conflict.

Canada’s economy grew 0.3% in May, coming in above expectations

It predicted annualized second quarter growth would hit 2.5 per cent after stalling earlier in the year. Preliminary Statscan data issued later that month showed the second-quarter gain was likely to be closer to 3.4 per cent.

In July, full-time employment increased by a net 38,600 jobs while part-time employment rose by 36,600 positions.

Gains were focused on the private sector, with strength in wholesale and retail trade, finance and insurance, and professional and scientific services. Public sector jobs fell by 14,500 amid an official bid to cut government spending.

The average hourly wages of permanent employees, a metric closely tracked by the central bank to gauge inflation expectations, grew 3.0 per cent in July, up from 3.7 per cent in June.

This was the lowest since the 2.8 per cent year-on-year increase recorded in February, 2022

SASKATOON – Cameco Corp. reported a drop in its revenue and profit in the second quarter compared with a year ago.

The company says its profit amounted to $25 million or six cents per diluted share for the quarter ended June 30.

The result was down from a profit of $321 million or 74 cents per diluted share in the second quarter of 2025.

Revenue totalled $814 million, down from $877 million in the same quarter last year.

On an adjusted basis, Cameco says it earned 18 cents per share in its latest quarter, down from an adjusted profit of 71 cents per diluted share a year earlier.

Cameco says its quarterly and first-half results were lower than in 20205 mainly because of equity earnings from its investment in Westinghouse Nuclear.

This report by The Canadian Press was first published July 31, 2026.

Magna International Inc. reported a profit attributable to the company of US$469 million in its latest quarter, up from a profit of US$379 million a year earlier.

The Ontario-based automotive supplier, which keeps its books in U.S. dollars, says the profit amounted to $1.72 per diluted share for the quarter ended June 30 compared with a profit of $1.35 per diluted share a year ago.

On an adjusted basis, Magna says it earned US$1.86 per share in its latest quarter compared with an adjusted profit of US$1.44 per share a year earlier.

Sales totalled US$11.0 billion for the second quarter, up three per cent from a year ago.

In its updated outlook, Magna says it now expects its sales for 2026 to total between US$41.3 billion and US$42.5 billion, down from its earlier forecast for between $41.5 billion and US$43.1 billion.

Magna says it expects its adjusted earnings per share for 2026 to be between US$6.70 and US$7.30, up from its earlier forecast of US$6.25 and US$7.25.

This report by The Canadian Press was first published July 31, 2026.

For the second quarter ended June 30, 2026, iA Financial Group (TSX: IAG) recorded core earnings ^† of $330 million and core diluted earnings per common share (EPS) ^†† of $3.68, which is 5% higher than the same period in 2025, when insurance experience was very favourable. Core return on common shareholders’ equity (ROE) ^†† for the trailing 12 months was 17.5%, in line with the 2026 target of 17%+. ¹ Second quarter net income attributed to common shareholders was $384 million, diluted EPS was $4.28 and ROE for the trailing 12 months was 15.1%. The solvency ratio was 137% as at June 30, 2026, highlighting a robust capital position.

“Our diversified business model continued to demonstrate its strength in the second quarter, as broad-based performance across our businesses, led by Wealth Management, generated solid earnings and robust capital generation,” commented Denis Ricard, President and CEO of iA Financial Group. “The 25% increase in premiums and deposits and the 37% growth in assets ⁵ over the past year reflect the strength of our distribution capabilities, our ability to attract and support high-quality advisors, and the continued execution of our growth strategy.”

‘’Wealth Management generated significant earnings growth in the second quarter, reflecting strong organic momentum, favourable markets and the contribution from RF Capital. This strong momentum continues to drive robust growth across our business units, supported by our leading distribution platform and sustained demand for segregated fund solutions,” added Éric Jobin, Executive Vice-President, CFO and Chief Actuary. “Strong earnings, combined with a solid capital position and $1.1 billion in capital available for deployment, gives us continued flexibility to allocate capital in a disciplined manner and create long-term value for shareholders.”

iA Financial Corp Inc is an insurance and wealth management group based in Canada. It offers various life and health insurance products, savings and retirement plans, mutual funds, securities, loans, auto and home insurance, creditor insurance, replacement insurance, replacement warranties, extended warranties, and other ancillary products for dealer services and other financial products and services. The company’s products and services are offered on both an individual and group basis and extend throughout Canada and the United States. Its operating segments are: Insurance, Canada; Wealth Management; U.S. Operations; Investment; and Corporate. Maximum revenue is generated from the Insurance, Canada segment.

Second Quarter Financial Highlights ^1,2,3 :

• Total gross transaction value (“GTV”) increased 11% year over year to $4.7 billion.
• Total revenue increased 11% year over year to $1.3 billion.
  • Service revenue increased 5% year over year to $933.4 million.
  • Inventory sales revenue increased 28% year over year to $383.7 million.
• Net income increased 31% year over year to $143.6 million.
• Net income available to common stockholders increased 33% year over year to $132.0 million.
• Diluted earnings per share available to common stockholders increased 34% to $0.71 per share.
• Diluted adjusted earnings per share available to common stockholders increased 6% year over year to $1.13 per share.
• Adjusted earnings before interest, taxes, depreciation and amortization (“EBITDA”) increased 6% year over year to $387.2 million.
• During the second quarter, the Company repurchased and retired approximately 1.5 million common shares for total proceeds of $150.0 million.
• On July 21, 2026, the Company increased its quarterly cash dividend from $0.31 to $0.33 per common share.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260804030984/en/

Manulife Financial Corp. (MFC) on Wednesday reported net income of $1.52 billion in its second quarter.

On a per-share basis, the Toronto-based company said it had net income of 87 cents. Earnings, adjusted for non-recurring gains, came to 79 cents per share.

The financial services company posted revenue of $14.49 billion in the period. Its adjusted revenue was $7.83 billion.

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SASKATOON, Saskatchewan (AP) — SASKATOON, Saskatchewan (AP) — Nutrien Ltd. (NTR) on Wednesday reported second-quarter earnings of $1.21 billion.

The Saskatoon, Saskatchewan-based company said it had profit of $2.53 per share. Earnings, adjusted for one-time gains and costs, were $2.61 per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.70 per share.

The producer of potash and other fertilizers posted revenue of $10.81 billion in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $10.67 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTR at https://www.zacks.com/ap/NTR

Thomson Reuters Corp. reported a second-quarter profit of US$448 million, up from US$313 million a year earlier, as it raised its full-year outlook.

The company, which keeps its books in U.S. dollars, says the profit amounted to US$1.02 per diluted share for the quarter ended June 30.

The result was up from 69 cents US in the second quarter of 2025.

On an adjusted basis, Thomson Reuters reported a profit of 99 cents US per share for the quarter, up from an adjusted profit of 87 cents US per share in the same quarter last year.

Revenue for the quarter rose nine per cent, totalling US$1.95 billion, up from US$1.79 billion.

The company estimates its full-year outlook for total and organic revenue growth to be about eight per cent, up from its previous 7.5 to eight per cent range. 

This report by The Canadian Press was first published Aug. 5, 2026.

Second Quarter 2026 Financial Highlights:

• Total revenue increased 16% year-over-year to $158.8 million. Total revenue included a negative impact of approximately $0.9 million from foreign currency exchange rates (FX).
• SaaS revenue increased 20% year-over-year to $106.5 million. SaaS revenue included a negative impact of approximately $0.6 million from FX.
• ARR ² increased 19% year-over-year to $465.6 million. ARR ² grew 21% year-over-year on a constant currency basis, excluding a negative impact of approximately $1.0 million from FX.
• Remaining performance obligations increased 18% year-over-year to $983.5 million.
• Profit of $21.2 million.
• Adjusted EBITDA ¹ of $41.4 million, an increase of 23% year-over-year. Adjusted EBITDA margin ¹ of 26%, a 130 basis points improvement year-over-year.
• Operating cash flow of $30.7 million.

Fiscal 2026 Financial Outlook:

Based on information available as of August 5, 2026, financial guidance for fiscal 2026 is as follows:

• Raising total revenue from $620.0 million to $635.0 million to a range of $625.0 million to $640.0 million.
• Raising SaaS revenue growth from 17% to 19% year-over-year to a range of 18% to 20% year-over-year.
• Reaffirming Adjusted EBITDA ¹ margin is expected to be in the range of 25% to 26%.

In addition to the above guidance, the Company is also providing fiscal 2026 FX estimates for modeling purposes. We expect FX to have a negative impact on total revenue by approximately $4.0 million to $4.5 million. We expect FX to have a negative impact on SaaS revenue by approximately $2.5 million to $3.0 million.

In addition to the above guidance, the Company is also providing fiscal 2026 weighted-average number of basic and diluted share estimates for modeling purposes. We expect basic weighted-average shares outstanding to be approximately 27.3 million shares and diluted weighted-average shares outstanding to be approximately 27.7 million shares. These share count forecasts do not include the impact of any share repurchases the Company may pursue in the future.

Guidance in this press release is provided to enhance visibility into Kinaxis’ expectations for financial targets for the periods indicated. Please refer to the section regarding forward-looking statements that forms an integral part of this release. This press release along with the financial statements and MD&A for the quarter ended June 30, 2026, are available on Kinaxis’ website and on SEDAR+ at www.sedarplus.ca .