Latest News
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CPKC delivers strong fourth-quarter results; positioned to accelerate growth in 2025
Fourth-quarter 2024 results Revenues increased by three percent to $3.9 billion from $3.8 billion in Q4 2023 Reported operating ratio (OR) decreased by 210 basis points to 59.7 percent from 61.8 percent in Q4 […] This post is only…
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Imperial Oil’s fourth-quarter profit falls on weak crude prices
Canadian oil producer Imperial Oil IMO-T -2.42%decrease posted a fall in fourth-quarter profit on Friday, as lower crude prices offset higher production and stronger refinery-capacity utilization. Benchmark crude prices fell 3 per cent […] This post is only…
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CN Rail profits nearly half in fourth quarter as cargo volumes sag
Canadian National Railway Co. CNR-T +0.56%increase says year-over-year profits fell by nearly half in its latest quarter amid lower volumes across virtually all freight segments. The country’s largest railway is reporting net income […] This post is only…
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The ‘extreme’ gap in Canadian and U.S. interest rates
The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not. As a result, Canadian rates are lagging behind those of the […] This post is only…
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CGI appoints Julie Godin as executive chairperson, strikes deal to buy Britain’s BJSS
CGI Inc.GIB-A-T +0.13%increase is appointing Julie Godin as the company’s new executive chairperson, confirming the board believes the businesswoman is now ready to steer the Canadian IT and business consulting giant after […] This post is only…
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Bank of Canada cuts rate by quarter point, highlights tariff risk
The Bank of Canada cut its benchmark interest rate by a quarter-percentage-point on Wednesday and warned that the resilience of Canada’s economy “would be tested” if a trade war breaks […] This post is only…
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Metro reports higher first-quarter profit, boosts dividend after ‘transition year’
Metro Inc. MRU-T -3.59%decrease reported a 4-per-cent increase in profits in the first quarter, and boosted the dividend paid to shareholders, as the grocery retailer emerges from a “transition year” and says it […] This post is only…
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Economic Calendar: Jan 27 – Jan 31
Monday January 27 China industrial profits and PMI Germany business sentiment (8:30 a.m. ET) Canadian wholesale trade for December. (10 a.m. ET) U.S. new home sales for December. The Street […] This post is only…
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Is Enbridge Stock Still a Buy After Hitting a New 52-Week High?
Baystreet.ca – Mon Jan 20 One top Canadian dividend stock that has been picking up steam of late is pipeline giant Enbridge (TSX:ENB)(NYSE:ENB). Known for its high-yielding payout and overall consistency, investors have […] This post is only…