Latest News
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How Canada became poorer than Alabama
In December, Tommy Battle’s dream came true. The five-term Mayor of Huntsville is Alabama to the bone, born in Birmingham and a graduate of the state university in Tuscaloosa, but for the past 18 years…
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Oil prices rise to six-month high on concern over potential U.S.-Iran conflict
Oil prices rose about 2% on Thursday to their highest in six months, as traders worried about tensions between the U.S. and Iran, which stepped up military activity in the oil-producing Middle East. Brent futures…
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Bullish on CAE Inc.
CAE (CAE-T +0.97%increase, Friday’s close $41.20) formed a bullish technical base in the shape of a “W” pattern (dashed lines). On March 13, 2025, at $34.18, we identified a breakout above the neckline of this formation…
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Canada’s annual inflation rate edges down in January amid lower gas prices
Statistics Canada says lower prices at the pump and easing shelter inflation helped rein in the pressure facing consumers in January. The agency said Tuesday that the annual rate of inflation ticked down to 2.3…
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Sun Life, Manulife beat forecasts to post strong gains in fourth quarter
Canada’s two largest insurers beat analysts’ profit expectations for the last quarter of 2025 as the industry continues to show broad resilience to U.S trade wars and market volatility. Both Sun Life Financial Inc. SLF-T +0.32%increase and Manulife…
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TC Energy beats profit estimates on natural gas and power demand, hikes dividend
Canadian pipeline operator TC Energy TRP-T +3.51%increase beat analysts’ estimates for fourth-quarter adjusted profit on Friday, helped by record natural gas flows across its North American network and increased demand for natural gas and power. Major pipeline operators…
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Magna forecasts steady sales on new Europe contracts for Chinese EVs, shares jump
Magna International Inc.’s MG-T +18.94%increase share price rose by 18 per cent on Friday after the Aurora, Ont., auto parts maker forecast steady sales for 2026, buoyed by new assembly work for Chinese electric carmakers. Magna finance chief…
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Enbridge tops fourth-quarter profit estimates, raises dividend
Enbridge ENB-T beat expectations for fourth-quarter profit on Friday, and said it had sanctioned several projects to help meet surging demand for power across North America. Pipeline operators are benefiting from a surge in demand for natural…
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U.S. consumer prices rise less than expected in January
U.S. consumer prices increased less than expected in January, but underlying inflation firmed as businesses raised prices at the start of the year, which together with a stabilizing labor market could allow the Federal Reserve…