Category : Corporate News


Enerflex Stock Surges 18% with Potential Catalyst Ahead

Enerflex Ltd. shares jumped nearly 18% this week after beating EBITDA estimates, with TD Cowen analyst raising price target to $39. The article also covers Big Six bank price target adjustments and National Bank's dividend payer picks for 2026.

Alberta Bureaucracy Growth Drives Budget Deficits

Alberta's government employment has surged by 40,000 since 2022, with bureaucracy growing faster than healthcare and education, contributing to projected deficits totaling $23.9 billion over three years.

Lululemon Founder Slams Board's Weak Response

Chip Wilson, founder of Lululemon, has publicly criticized the company's board for what he calls a weak and insufficient response to his suggestions regarding corporate direction and strategy.

Block Cuts 40% of Staff, CEO Cites AI as Catalyst

Financial technology firm Block, co-founded by Jack Dorsey, has laid off nearly half its employees. The CEO attributes this to AI integration, predicting widespread industry adoption of similar cuts.

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