Latest News
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Pembina Pipeline Corp. earns $572-million in fourth quarter
Pembina Pipeline Corp. PPL-T -1.20%decreasesays it earned $572 million in its fourth quarter. That’s down from $698 million a year earlier. The Calgary-based company says revenues for the quarter ended Dec. 31 were $2.15 billion, up from…
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Shopify furthers shift toward U.S. with new executive office
Shopify SHOP-T +1.23%increase has named a new U.S. executive office in securities filings for the first time, suggesting it could be positioning its shares to be included in major U.S. stock indexes, according to TD Securities. While Shopify…
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Economic Calendar:Mar 3 – Mar 7, 2025.
Monday March 3 China and Japan manufacturing PMI Euro zone CPI and manufacturing PMI (9:30 a.m. ET) Canada’s S&P Global Manufacturing PMI for February. (10 a.m. ET) U.S. ISM Manufacturing PMI for February. (10 a.m.…
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George Weston reports $664-million quarterly profit compared with a loss a year earlier
George Weston Ltd. WN-T +2.24%increase reported a profit in its fourth quarter compared with a loss a year ago. The company, which is the controlling unitholder of Choice Properties Real Estate Investment Trust CHP-UN-T +0.22%increase and the controlling shareholder of Loblaw…
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National Bank tops estimates on trading boost as provisions for loan losses climb
National Bank of Canada NA-T -4.74%decrease reported higher first-quarter profit that beat analysts’ expectations as capital markets and wealth management activity surged amid market volatility, offsetting a jump in provisions for loan defaults. Major Canadian bank earnings have…
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West Fraser Announces Fourth Quarter 2024 Results
West Fraser Timber (WFG) reported Q4 2024 results with sales of $1.405 billion and a loss of $62 million, or $(0.80) per diluted share. The company’s Q4 Adjusted EBITDA was $140 million, representing 10% of sales.…
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Economic Calendar: Feb 14 – Feb 28, 2025
Monday February 24 Japanese markets closed Euro zone CPI Germany business climate (8:15 a.m. ET) Bank of Canada deputy governor Toni Gravelle speaks at the Bank of England Annual Research Conference in London. (8:30 a.m.…
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Tiff Macklem warns prolonged trade war with U.S. would permanently weaken Canadian economy
Bank of Canada Governor Tiff Macklem warned that a full-blown trade war with the United States would permanently weaken the Canadian economy and cautioned that the central bank has few tools to respond to a…
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Canadian Tire selling Helly Hansen activewear brand for nearly $1.3-billion
Canadian Tire Corp. Ltd.CTC-A-T -1.86%decreaseCTC-T -0.04%decrease has agreed to sell its global outdoor and activewear brand Helly Hansen in a nearly $1.3-billion deal, as the company seeks to reinvest in the Canadian retail business at a time of…