Latest News
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Canada posts surprise job gains in October, bolstering case for BoC rate pause next month
The Canadian economy enjoyed a burst of hiring activity for the second consecutive month in October, offsetting summer job losses and bolstering calls that the Bank of Canada is done cutting interest rates for now.…
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Canadian Tire ups dividend, reports Q3 profit down from year ago on one-time charges
Canadian Tire Corp. Ltd. raised its dividend as it reported its third-quarter profit fell compared with a year ago on restructuring and other transformation and advisory costs. The retailer says it will pay a quarterly…
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Sun Life Financial reports $1.1-billion in quarterly profit, down year-over-year
Sun Life Financial Inc. SLF-T -3.03%decrease reported $1.1 billion in net income during the third quarter, down from $1.35-billion during the same period a year earlier. Earnings for the period ended Sept. 30 worked out to $1.97 per…
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Nutrien considers selling phosphate business in bid to boost long-term value
Nutrien Ltd. NTR-T +4.00%increase has announced that it is putting its phosphate business up for strategic review in a bid to enhance the company’s long-term value. Saskatchewan-based Nutrien’s phosphate division is worth around US$2.4-billion, according to Royal Bank…
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Kinaxis Inc. Reports Third Quarter 2025 Results
Kinaxis ® (TSX:KXS), a global leader in end-to-end supply chain orchestration, reported results for its third quarter ended September 30, 2025. All amounts are in U.S. dollars. All figures are prepared in accordance with International Financial…
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TC Energy misses profit estimates on weakness in U.S .operations, power business
TC Energy TRP-T -0.40%decrease missed estimates for third-quarter profit on Thursday, hurt by weakness in the pipeline operator’s U.S. operations and in its power and energy solutions business. AI-driven power demand, industrial applications and LNG exports are driving…
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Canadian Natural tops profit estimates as production strength offsets weak oil prices
Canadian Natural Resources CNQ-T -0.67%decrease on Thursday posted quarterly earnings that narrowly beat analysts’ estimates, as record oil and gas production helped offset a decline in crude prices. The country’s oil sands producers, including Canadian Natural Resources, have…
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BCE revenue flat as focus shifts to expanding AI division
BCE Inc. BCE-T +2.75%increase posted flat revenue and fewer net new mobile customers in its third quarter, year-over-year, as it focused on expanding its artificial intelligence division. The telecom and media company also raised doubts Thursday about a…
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Canadian Tire profit falls on restructuring costs amid upbeat discretionary spending
Canadian Tire Corp. Ltd. CTC-A-T +6.50%increase reported sales growth in its third quarter, even amid concerns about softening consumer spending, while expenses related to a major restructuring plan led to a decline in profits. The Toronto-based retailer reported…