Category: Uncategorized

 Linamar Corporation (TSX:LNR) today announced the successful completion of WinningBLW’s Remscheid and Penzberg manufacturing facilities, further strengthening Linamar’s technology platform, vertical integration, and long-term growth outlook. The transaction was originally announced on March 27^th, 2026.

The Remscheid facility is a leader in mass production of high-performance precision bevel and intermediate gears for the light vehicle market, while the Penzberg facility specializes in helical gears and high-precision components serving the commercial and off-highway sectors.

Through these acquisitions, Linamar significantly expands its forging expertise to include warm forging, expanding its already significant offering of precision gears to include precision bevel and helical gears as well as small to medium sized-drivetrain and transmission components. The additions further secure Linamar’s already globally leading position in designed and machined gears, deepens its forging expertise, and reinforces its vertically integrated manufacturing model.

Both facilities serve long-standing customers with whom Linamar has significant existing business, while also introducing new key customers. Together, they are expected to contribute meaningfully to Linamar’s long-term growth, operational excellence, and innovation leadership across mobility and industrial markets.

 Canadian Pacific Kansas City Limited (CP) on Wednesday reported first-quarter earnings of $616.7 million.

On a per-share basis, the Calgary, Alberta-based company said it had profit of 69 cents. Earnings, adjusted for non-recurring costs, came to 76 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.

The railroad posted revenue of $2.7 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $2.71 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.

Access a Zacks stock report on CP at https://www.zacks.com/ap/CP

VANCOUVER, BC , April 29, 2026 /PRNewswire/ – West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) (TSX and NYSE: WFG) reported today the first quarter results of 2026 (“Q1-26”). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. 

First Quarter Highlights   

• Sales of $1.334 billion and earnings of $(188) million, or $(2.40) per diluted share
• Adjusted EBITDA ¹ of $(66) million (including $114 million charge for duty adjustments related to prior periods), representing (5%) of sales  
• Lumber segment Adjusted EBITDA ¹ of $(84) million (including $114 million charge for duty adjustments related to prior periods)
• North America Engineered Wood Products (“NA EWP”) segment Adjusted EBITDA ¹ of $11 million
• Europe Engineered Wood Products (“Europe EWP”) segment Adjusted EBITDA ¹ of $10 million

“In the first quarter of 2026 we benefited from improved commodity pricing and continue to demonstrate the resilience of West Fraser’s diversified portfolio. Although net income was impacted by significant non-cash duty adjustments, these relate to prior year shipments. Operationally, our Blue Ridge lumber team did a remarkable job in quickly and effectively restoring operations following the January fire, with no recordable injuries, and the mill is now back to normal operating rates. The wind-down of our High Level, Alberta OSB mill is now complete and reflects our commitment to proactively aligning our supply with customer demand,” said Sean McLaren, West Fraser’s President and CEO. “Excluding the impact of prior year duty adjustments, we were pleased to see all of our core segments – lumber, NA EWP, and Europe EWP – report positive Adjusted EBITDA.” 

“Housing affordability continues to be a key constraint as we continue into 2026. The impact of the conflict in the Middle East has pushed 30-year mortgage rates back over 6%, which could cause additional headwinds as the year progresses. Our strong financial position and resilient balance sheet positions us well to navigate continued macroeconomic uncertainty while remaining disciplined in our approach to capital deployment. We continue to be focused on cost control, taking a disciplined approach to managing expenses and operationalizing the investments we have made through the past several years. These priorities form a key part of our strategy to continually strengthen our competitive position and generate long-term value for all stakeholders.”

Results Summary  

First quarter sales were $1.334 billion, compared to $1.165 billion in the fourth quarter of 2025. First quarter earnings were $(188) million, or $(2.40) per diluted share, compared to earnings of $(751) million, or $(9.63) per diluted share in the fourth quarter of 2025. First quarter Adjusted EBITDA was $(66) million compared to $(79) million in the fourth quarter of 2025. Included in first quarter Adjusted EBITDA in the Lumber segment is ($114) million of duty adjustments related to prior periods compared to nil in the fourth quarter of 2025.

 Canadian National Railway Co. reported a first-quarter profit of $1.15 billion compared with $1.16 billion a year earlier.

The railway says the profit amounted to $1.87 per diluted share for the quarter ended March 31, up from $1.85 per diluted share in the same quarter last year when it had more shares outstanding.

On an adjusted basis, CN says it earned $1.80 per diluted share in its latest quarter, down from an adjusted profit of $1.85 per diluted share in the first quarter of 2025.

Revenue totalled $4.38 billion, down from $4.40 billion in the same quarter last year.

The railway says gross ton miles increased three per cent compared with a year earlier while revenue ton miles also gained three per cent.

CN’s operating ratio, its operating expenses as a percentage of revenues, was 64.6 per cent in its latest quarter compared with 63.4 per cent a year earlier.

This report by The Canadian Press was first published April 29, 2026.

 Agnico Eagle Mines Ltd. (AEM) on Thursday reported first-quarter earnings of $1.7 billion.

The Toronto-based company said it had profit of $3.38 per share. Earnings, adjusted for non-recurring costs, were $3.40 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.19 per share.

The gold mining company posted revenue of $4.1 billion in the period.

Agnico shares have climbed 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $188.21, an increase of 60% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEM at https://www.zacks.com/ap/AEM

 TC Energy Corporation (TRP) on Friday reported first-quarter profit of $675.8 million.

The Calgary, Alberta-based company said it had profit of 63 cents per share. Earnings, adjusted for non-recurring costs, were 72 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.

The energy infrastructure company posted revenue of $2.81 billion in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.

Access a Zacks stock report on TRP at https://www.zacks.com/ap/TRP

 Imperial Oil Ltd. reported a first-quarter profit of $940 million, down from $1.29 billion in the same quarter last year.

The company says the profit amounted to $1.94 per diluted share for the quarter, down from $2.52 per diluted share in the first quarter of 2025.

Revenue totalled $12.45 billion, down from $12.52 billion a year earlier.

Upstream production averaged 419,000 gross oil-equivalent barrels per day, up from 418,000 in the first quarter of 2025.

Meanwhile, refinery throughput averaged 384,000 barrels per day, compared with 397,000 a year earlier, while capacity utilization was 88 per cent, compared with 91 per cent. 

Imperial says the lower throughput and utilization was mainly due to unplanned downtime and a disruption of synthetic crude feedstock caused by Syncrude’s coker outage.

This report by The Canadian Press was first published May 1, 2026.

Magna International Inc. reported a loss attributable to the company of US$12 million in its latest quarter compared with a profit of US$146 million a year earlier.

The Ontario-based automotive supplier, which keeps its books in U.S. dollars, says the loss amounted to four cents per diluted share for the quarter ended March 31 compared with a profit of 52 cents per diluted share a year ago.

On an adjusted basis, Magna says it earned US$1.38 per share in its latest quarter compared with an adjusted profit of 78 cents US per share a year earlier.

Sales totalled US$10.38 billion for the quarter, up from US$10.07 billion in the first quarter of 2025.

In its updated outlook, Magna says it now expects its sales for 2026 to total between US$41.5 billion and US$43.1 billion, down from its earlier forecast for between $41.9 billion and US$43.5 billion.

Magna is one of the world’s largest automotive suppliers and has operations across 28 countries around the world.

This report by The Canadian Press was first published May 1, 2026.

Here are the top 15 dividend payers in Canada, ranked by estimated total annual dividend payout (total cash dividends paid per year, calculated as dividend yield × market cap). This is the standard way to identify the largest “dividend payers” by absolute dollar amount distributed to shareholders.

These are drawn from the largest Canadian companies by market cap (as of late March 2026 data), excluding non-payers like Shopify. All figures are in billions of CAD (shown as $B), with market caps and TTM (trailing twelve months) net income as the latest available annual profit proxy. Dividend $ per year is an estimate based on current trailing dividend yield.

Key notes:

• Dividend $ per year = total company-wide payouts (not per share). This metric highlights the biggest distributors of cash to shareholders.
• Latest annual Profit uses TTM net income as the most recent full-year equivalent.
• Data reflects March 2026 market conditions; actual payouts can vary with dividend increases, share buybacks, or earnings. Yields and totals are trailing (based on recent dividends).
• Classic Canadian dividend heavyweights (big banks + major energy infrastructure/oil producers) dominate the list, as expected. Smaller high-yield names (e.g., some telecoms like Telus or BCE) have lower total payouts due to smaller market caps.