Futures Retreat After Nvidia Rally, Oil Up on Iran Conflict Fears
U.S. stock futures declined following a tech-led rally, while oil prices rose amid reports of potential conflict between the U.S. and Iran, impacting global markets.
Category : Business
Teck's Earnings Jump on Copper Price Surge
Teck Resources Ltd. reported a significant increase in quarterly earnings, driven by soaring copper prices and higher revenue from byproducts. The company reaffirmed production guidance for its Quebrada Blanca mine.
CIBC: Canada's Housing Market Worse Than Official Data Shows
CIBC economists reveal Canada's housing correction is more severe than official statistics indicate, with significant negative implications for the broader economy due to broken high-rise construction economics.
Cross-Border Travel Declines: Fewer Ontario Trips to New York
A significant drop in road trips from eastern Ontario to New York State was recorded in January, highlighting shifting travel patterns and potential economic impacts on border communities.
Yorbeau Begins Exploration Drilling in Northwestern Québec
Yorbeau Resources Inc. has started a significant exploration drilling program across its Beschefer, Selbaie West, and Allard properties in northwestern Québec, targeting copper, zinc, gold, and silver mineralization.
Alberta's Pipeline Dream: Political Charade Masks Industry Disinterest
Despite a federal-provincial agreement, industry shows little interest in new oil pipelines, with political posturing potentially fueling Alberta separatist sentiment ahead of a critical referendum.
Canadian Tire Q4 Revenue Up After Strong Holiday Season
Canadian Tire reports a significant increase in Q4 revenue compared to the previous year, driven by strong holiday season performance. The retailer's sales surge highlights consumer spending trends.
Oil Firms Vie for Venezuelan Projects, Face Tough Road Ahead
Major oil companies are aggressively pursuing projects to rapidly increase Venezuela's crude production, but significant operational and political hurdles loom, potentially slowing long-term gains.
Hydro-Quebec Proposes 13¢/kWh Rate for Data Centres
Hydro-Quebec has unveiled a new electricity rate proposal specifically targeting data centres, setting it at 13 cents per kilowatt-hour. This strategic move aims to attract tech investments while managing Quebec's energy resources effectively.
SAGA Metals Updates on MRE Drilling at Trapper South
SAGA Metals Corp. has completed ten diamond drill holes at its Trapper South zone in Labrador, confirming oxide mineralization across all logged holes. The 2026 program targets critical minerals with significant intercepts and pending assay results.
RBC Hires Goldman Trader Noel Reyes for Algorithm Push
Royal Bank of Canada has hired Goldman Sachs equities trader Noel Reyes to lead electronic trading and algorithm development, part of RBC's expansion in global stock trading.
Walmart CEO Furner Starts with Conservative Outlook
New Walmart CEO John Furner adopts a cautious approach amid economic uncertainties, focusing on stability and strategic growth for the retail giant.
Quebec Labour Market May Soon Favor Workers Over Employers
A new report from the Institut du Québec predicts a significant shift in the labour market dynamics, where workers could gain the upper hand over employers in the near future due to demographic and economic trends.
Calgary's Population Boom Drives Business Expansion
Alberta leads Canada in interprovincial migration, with Calgary attracting thousands of new residents from Ontario and Quebec, boosting local businesses like moving companies and real estate.
AGT Foods Plans Return to Public Trading with Major IPO
Regina-based AGT Food and Ingredients Inc. has filed to become publicly traded again through a $425 million IPO on the Toronto Stock Exchange, seven years after privatizing in a $436 million deal.
Nuclear Power in Alberta: Overcoming Hurdles for Energy Security
Alberta explores nuclear energy to meet booming electricity demand, facing financial and regulatory challenges in its private utility model.
Bridge Authority Hunts New CEO Amid Trump Threats
The Windsor-Detroit Bridge Authority is searching for a new CEO as former leader Charl van Niekerk departs, coinciding with U.S. President Donald Trump's threats to block the Gordie Howe International Bridge opening.
VR Submits Drill Permit for New Boston Project in Nevada
VR Resources has applied for a drill permit for its New Boston moly-tungsten-copper-silver porphyry project in Nevada, targeting steep conductivity anomalies identified in a 2023 geophysical survey.
Brunswick Exploration Finds Seven New Lithium Targets in Quebec
Brunswick Exploration Inc. has identified seven new spodumene targets and staked additional claims at its Anatacau Main Project in Quebec's James Bay region, significantly expanding lithium exploration potential.
Labrador Gold Warns of Dissident's Dividend Promise
Labrador Gold Corp. cautions shareholders about a dissident group's vote-contingent dividend promise, comparing it to previous misleading campaigns. The company urges voting only on the BLUE proxy ahead of the February 20, 2026 deadline.
Discovery Silver Q4 2025: Strong Earnings and Cash Growth
Discovery Silver Corp. announced robust financial results for Q4 2025, showing significant earnings growth, improved gold production, and a 20% increase in cash position to $410.7 million.
Hitachi Rail Invests C$30M in New Toronto Headquarters
Hitachi Rail announces a C$30 million investment in a new state-of-the-art Canadian headquarters in Toronto, reinforcing its commitment to Ontario and rail technology leadership.
Pecoy Copper Hits 1,014m Mineralization in Peru Drill Hole
Pecoy Copper Corp. reports a significant drill intersection of 1,014 meters at 0.37% copper and 0.13 g/t gold in Peru, extending mineralization 407 meters below the current resource pit shell.
Teck Resources Beats Quarterly Profit on Higher Copper Prices
Teck Resources Ltd. reported quarterly profits exceeding analyst forecasts, driven by increased copper production and favorable market prices. The company's Highland Valley Copper Mine in British Columbia contributed significantly to these robust financia
Canadian Airlines Adjust U.S. Routes Amid Falling Demand
Air Transat cancels U.S. routes and WestJet reduces service as passenger demand declines, impacting cross-border travel options for Canadian travelers.
Eglinton LRT Service Resumes After Mechanical Issue
The Eglinton Crosstown LRT has resumed operations after a mechanical issue caused a temporary service disruption. The incident occurred shortly after the line's recent launch in Scarborough.
OC Transpo's Most Cancelled Bus Routes in Early February
An analysis of OC Transpo's performance during the first week of February shows which bus routes experienced the highest cancellation rates, highlighting ongoing transit reliability challenges in Ottawa.
Cenovus Energy Q4 Profit Rises on Higher Production
Cenovus Energy announced a significant increase in fourth-quarter profit, attributed to higher production levels. The Canadian oil sands producer's performance highlights ongoing strength in the energy sector.
Goliath Reports High-Grade Gold Intercepts Up To 10.83 g/t AuEq
Goliath announces a 13.2% increase in grade values from 54 gold equivalent drill results at the Surebet Discovery in British Columbia's Golden Triangle, with assays pending on 56 additional holes.
Canada, Mexico Want Trilateral Deal in CUSMA Review
Canadian Minister Dominic LeBlanc announces that Canada and Mexico are pushing for a trilateral agreement as part of the upcoming CUSMA review, highlighting North American trade cooperation.
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