A major Canadian engineering and infrastructure company has strengthened its position in the Asia-Pacific region through the acquisition of ADG Capital Pty Ltd., a well-established Australian consulting and engineering services provider. The move represents a strategic step in expanding its global operations and enhancing its technical capabilities in one of the world’s fastest-growing construction markets….
As a new week begins, several major events across retail, finance, economic policy, and corporate activity are set to shape the tone of Canadian business. Here are the most important developments to follow: The kickoff to the holiday shopping surge continues with the arrival of Cyber Monday. Retailers are pushing aggressive online promotions in hopes…
A growing number of Canadians are expressing strong support for developing the nation’s critical minerals, but there is significant tension over who should be allowed to finance these projects. Recent national sentiment shows that resource sovereignty now outweighs the appeal of foreign capital, even if that means slower development or fewer new jobs. Also Read:…
For decades, December has carried a reputation for stability and strong equity performance, with the final weeks of the year often marked by rising stock prices and easing volatility. This familiar pattern, commonly known as the “Santa rally,” has historically given investors a sense of predictable year-end momentum. But this year, that confidence is wavering….
For much of the past year, Canadian shoppers have expressed strong support for locally-made products, especially during periods of heightened trade tensions with the United States. Early in the year, many consumers actively sought out Canadian brands, checked product origins on packaging, and prioritized domestic items even at a higher price point. But as the…
Digital assets kicked off December with a sharp downturn, reigniting a selloff that had briefly paused last week. The broader crypto market saw steep declines across major tokens, signaling renewed caution among traders. Also Read: Stock investment Canada for beginners Bitcoin retreated by around 7% in early New York trading, dipping below the $85,000 mark….
Canada’s major banks are approaching their fourth-quarter earnings season with valuations that have climbed even higher than earlier in the year, raising debate about whether the market has become overly optimistic. In the previous quarter, analysts were concerned that rising share prices lacked fundamental support, yet nearly every major bank surpassed profit expectations. This strong…
Discussions surrounding potential modifications to tanker restrictions on Canada’s West Coast have escalated following renewed interest in establishing a new pipeline route from inland energy-producing regions to the coastline. However, federal officials caution that it is too early to assume any changes will be made, stressing that no formal route has been identified and no…
Crude prices are on track for a fourth consecutive monthly decline as traders reassess the global supply outlook, prepare for an upcoming producer-group policy meeting, and evaluate how emerging geopolitical developments could reshape market dynamics. After a brief lift earlier in the week, the international benchmark hovered slightly above the mid-$60 range, stabilizing after a…
New figures tracking employer payrolls suggest that Canada’s labour market may be softening far more than headline numbers indicate, raising concerns that underlying economic conditions are deteriorating and renewing calls for additional interest rate reductions. In the latest data, the number of workers receiving wages and benefits from employers fell by approximately 58,000 in September….
A major Canadian pipeline operator reported a substantial turnaround in its latest quarterly results, moving from a year-earlier loss to a meaningful profit as both utilization and commodity flow increased. The company, which oversees one of the country’s key energy transport corridors, said its performance for the quarter ending September 30 reflects stronger demand for…
The third-quarter earnings period is entering its final stretch, and the results so far point to a notably strong performance across major publicly traded companies. With the vast majority of firms having released their financial updates, the overall picture suggests that corporate profitability continues to expand at a healthy pace despite ongoing concerns about consumer…
As the holiday season approaches and household budgets tighten, Buy Now, Pay Later (BNPL) plans often look like an easy solution. These payment arrangements allow shoppers to divide purchases into smaller instalments, making large or unexpected costs feel more manageable. However, without a clear plan, BNPL can quickly evolve into financial stress. Understanding how these…
The President has renewed his push for sweeping immigration restrictions, urging what he described as “reverse migration” following the fatal shooting of two National Guard members in Washington. His remarks came through late-night posts outlining an aggressive set of proposals aimed at dramatically reducing immigration and tightening federal oversight of non-citizens. In his statements, the…
A major global derivatives exchange brought most of its trading systems back online after a prolonged technical shutdown that disrupted activity across multiple international markets. The issue originated from a failure at a third-party data center, causing the exchange’s electronic futures and options platform to go offline for several hours during active trading sessions in…
