More from Canadian markets

Canada Goose stock flies after big profit, revenue beats

The U.S.-listed shares of Canada Goose Holdings Inc. GOOS shot up 12.5% toward a 3 1/2-month high in premarket trading Thursday, after the Toronto-based luxury outdoor apparel maker beat fiscal fourth-quarter profit and re...

BlackBerry forecasts full-year revenue growth

BlackBerry Ltd. BB said Wednesday it expects increased revenue in fiscal 2024 and compound annual growth of up to 15% over the next three years. The Internet-of-Things and cybersecurity company said it expects revenue of $...

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Early-season heat wave in U.S. Pacific Northwest could break records

An early May heat wave this weekend could surpass daily records in parts of the U.S. Pacific Northwest and worsen wildfires already burning in western Canada, a historically temperate region that has grappled with scorchi...

Brookfield asset management draws in 19 bln in fresh capital

Brookfield Asset Management Ltd. BAM said Wednesday it’s raised $19 billion in fresh capital in 2023 and issued a forecast of “another strong year in fundraising.” The Canadian asset manager said it is nearing a final clos...

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Canada expels China diplomat for alleged threats to lawmaker

The Canadian government is expelling a Chinese diplomat whom Canada's spy agency alleged was involved in a plot to intimidate an opposition lawmaker and his relatives in Hong Kong.

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Alberta wildfires halt some energy companies’ operations

A number of energy companies, including Cenovus Energy and Obsidian Energy, halted some operations due to Alberta wildfires.

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Molson Coors’ stock rallies as adjusted profit jumps 82%

Molson Coors' stock rallied Tuesday even as the broader market sagged, with the beer maker's adjusted profit jumping 82.3% and beating Wall Street estimates.

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Legendary Canadian folk singer Gordon Lightfoot dies at 84

Gordon Lightfoot, Canada's legendary folk singer-songwriter whose hits including “Early Morning Rain” and “The Wreck of the Edmund Fitzgerald" told a tale of Canadian identity that was exported worldwide, died on Monday....

BlackBerry to weigh separating some businesses in review; shares rally

Shares of BlackBerry Ltd. BB rallied after hours on Monday after the security software provider said its board would begin a review of the company’s business segments — a move intended to help the board weigh strategic alt...

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3 railroads team up to better compete with CPKC to serve Mexico

Three major freight railroads responded Monday to the Canadian Pacific-Kansas City Southern merger with an agreement to work together on a competing service to carry shipments across North America.

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Derailments, paid sick leave loom over railroad earnings reports

The February derailment of a Norfolk Southern train in East Palestine, Ohio, has been described as a 'PR nightmare' for the rail industry.

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Netflix delivers cliffhanger for investors as password-sharing crackdown is delayed

Netflix investors are playing a bit of a waiting game.

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GSK to acquire Canada’s Bellus Health for $14.75 per share

GSK said the deal will provide access to camlipixant, a treatment for refractory chronic cough currently in phase III development.

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CBC ‘pausing’ Twitter use in dispute over ‘government-funded media’ label

The Canadian Broadcasting Corporation paused its use of Twitter on Monday after the social media platform owned by Elon Musk stamped CBC’s account with a label the public broadcaster says is intended to undermine its cred...

Ryan Reynolds buys stake in Canadian fintech Nuvei, stock up premarket

Actor and entrepreneur Ryan Reynolds said Monday he has invested in Canadian fintech Nuvei Corp. NVEICA:NVEI “I know about as much about fintech as I did about gin or mobile a few years ago,” Reynolds said in a statement. ...