Latest News
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Sun Life, Manulife beat forecasts to post strong gains in fourth quarter
Canada’s two largest insurers beat analysts’ profit expectations for the last quarter of 2025 as the industry continues to show broad resilience to U.S trade wars and market volatility. Both Sun Life Financial Inc. SLF-T +0.32%increase and Manulife…
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TC Energy beats profit estimates on natural gas and power demand, hikes dividend
Canadian pipeline operator TC Energy TRP-T +3.51%increase beat analysts’ estimates for fourth-quarter adjusted profit on Friday, helped by record natural gas flows across its North American network and increased demand for natural gas and power. Major pipeline operators…
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Magna forecasts steady sales on new Europe contracts for Chinese EVs, shares jump
Magna International Inc.’s MG-T +18.94%increase share price rose by 18 per cent on Friday after the Aurora, Ont., auto parts maker forecast steady sales for 2026, buoyed by new assembly work for Chinese electric carmakers. Magna finance chief…
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Enbridge tops fourth-quarter profit estimates, raises dividend
Enbridge ENB-T beat expectations for fourth-quarter profit on Friday, and said it had sanctioned several projects to help meet surging demand for power across North America. Pipeline operators are benefiting from a surge in demand for natural…
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U.S. consumer prices rise less than expected in January
U.S. consumer prices increased less than expected in January, but underlying inflation firmed as businesses raised prices at the start of the year, which together with a stabilizing labor market could allow the Federal Reserve…
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Shopify stock drops despite revenue beat, $2 billion buyback
Shopify on Wednesday reported fourth-quarter results that beat on the top line and gave strong guidance to start the year. The stock slid more than 10%. Here’s how the company did, compared with estimates from analysts polled by LSEG: The…
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U.S. payrolls rose by 130,000 in January, more than expected; unemployment down to 4.3%
https://www.cnbc.com/2026/02/11/jobs-report-january-2026-.html
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Shopify reports US$743M Q4 profit, revenue up 31 per cent from year ago
Shopify Inc. reported a fourth-quarter profit of US$743 million as its revenue rose 31 per cent compared with a year earlier. The e-commerce company, which keeps its books in U.S. dollars, says the profit amounted…
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TSX closes at its first record high of the month as weak U.S. economic reports send bond yields lower
Canada’s main stock index rose to a record high on Tuesday, with industrial and metal mining shares among the biggest gainers as investors weighed whether a recent rotation out of technology shares would continue. The…