The Bank of Canada held its policy interest rate at 2.75 per cent for the third consecutive time as U.S. trade policy continues to muddy the economic outlook. The bank once again […]
Category: Uncategorized
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CPKC reports higher earnings, revenues for second quarter
Canadian Pacific Kansas City CP-T -0.16%decrease has reported an increase in profits and revenues during the second quarter. The continent-spanning railroad, headquartered in Calgary, posted net income of $1.23-billion for the three months […]
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Air Canada sees decline in U.S.-bound seat sales amid tariff tension
Air Canada AC-T -10.62%decrease saw an 11-per-cent decline in U.S-bound seat sales in the second quarter amid trade and sovereignty tensions spurred by U.S. President Donald Trump. Canada’s largest airline posted a 2-per-cent per […]
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Celestica earnings blow past forecasts on AI demand
Celestica Inc. CLS-T +16.92%increase continued in the second quarter to benefit from surging demand from tech giants engaged in a global arms race to build giant artificial intelligence-driven data centres, surpassing heightened market […]
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George Weston Reports Strong Operating Performance Offset by Earnings Impact of Fair Value Adjustment Related to Choice Properties Unit Price Gain of 4.9%
https://www.newswire.ca/news-releases/george-weston-reports-strong-operating-performance-offset-by-earnings-impact-of-fair-value-adjustment-related-to-choice-properties-unit-price-gain-of-4-9–849698264.html
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CN Rail lowers earnings expectations, cuts outlook as trade volatility continues
Canadian National Railway Co. CNR-T +0.22%increase reported its net income inched up to $1.17-billion during its second quarter compared with last year, as it said the trade uncertainty is making it difficult for […]
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Trump announces Japan trade deal, lowers threatened tariff to 15%
U.S. President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15-per-cent tax on goods imported from that nation. “This Deal will create Hundreds of Thousands of Jobs – […]