Monday May 12China releases inflation data for April2 pm ET: U.S. budget balance for AprilEarnings include: Constellation Software Inc.; Denison Mines Corp.; Dentalcorp Holdings Ltd.; Exchange Income Corp.; Finning International Inc.; […]
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Suncor breaks production records amid economic uncertainty, cold snap
Oil sands producer Suncor Energy Inc. has reported quarterly production and refining records, despite Alberta’s February deep freeze and an uncertain global economic environment.Production for the Calgary-based oil giant hit […]
China’s exports top forecasts in April as they get boost from global rush to beat tariffs
China’s exports beat forecasts in April, buoyed by demand for materials from overseas manufacturers who rushed out goods to make the most of U.S. President Donald Trump’s 90-day tariff pause.The […]
Canadian Tire Corporation Reports Strong First Quarter 2025 Results
FIRST-QUARTER HIGHLIGHTSConsolidated comparable sales were up 4.7% and consolidated retail sales1 were up 5.1%. Increased trips drove sales growth across all banners, with particular strength in Ontario, Quebec and Eastern Canada.Canadian Tire Retail (CTR) comparable sales1 grew […]
Enbridge Reports Record Quarterly Results and Reaffirms 2025 Financial Guidance, Illustrating Its Industry Leading, Resilient Business Model
Highlights(All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.)First quarter GAAP earnings of $2.3 billion or $1.04 per common share, compared […]
Canadian Natural Resources’ quarterly profit tops estimates on higher production
Canadian Natural Resources CNQ-T +5.99%increase reported a first-quarter profit on Thursday that beat analysts’ estimates, helped by higher oil and natural gas production, sending the company’s U.S.-listed shares up more than 2 per […]
Shopify stock falls despite strong first-quarter revenue growth
Shopify SHOP-T -1.33%decrease reported double-digit revenue growth for its first fiscal quarter, but the stock slumped during morning trading as the company’s outlook fell short ofanalysts’ expectations.Harley Finkelstein, president of the Ottawa e-commerce […]
Tim Hortons-parent Restaurant Brands misses quarterly results on weak demand
Restaurant Brands QSR-T -0.01%decrease missed first-quarter revenue and profit estimates on Thursday, hurt by sluggish demand at its restaurant chains such as Burger King and Tim Hortons amid tariff-related uncertainty.The restaurant industry has […]
BCE cuts dividend by more than half, signs Ziply deal with PSP
Telecom company BCE Inc. BCE-T +6.79%increase has cut its dividend by more than half, marking a long-anticipated departure from its extended history of steady payout growth.BCE is reducing its annualized dividend to $1.75, […]