Cascades Sells Forest Lands in $20M Deal
Canadian paper mill company Cascades has finalized a $20 million sale of its private forest lands, marking a significant shift in its asset portfolio and business strategy.
Category : Corporate News
Goeasy's $336.9M Q4 Loss Hit by LendCare Charges
Canadian non-prime lender Goeasy has announced a substantial fourth-quarter loss of $336.9 million, primarily driven by significant charges related to its LendCare subsidiary.
Buffett Defends Gates Foundation Donations Post-Epstein
Warren Buffett, the retired CEO of Berkshire Hathaway, has publicly stated that he does not regret his substantial donations to the Bill & Melinda Gates Foundation, even in light of the Jeffrey Epstein scandal. Buffett emphasized his confidence in the fou
Nike's Turnaround Tested by Middle East Conflict Risks
Nike's ongoing business recovery faces fresh challenges as geopolitical tensions in the Middle East introduce new uncertainties, with analysts closely watching Q3 earnings for signs of resilience.
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Conagra Brands Expects Weak Profit on Rising Costs
Conagra Brands anticipates lower annual profits due to increasing operational costs, reflecting broader challenges in the food industry as supply chain pressures mount.
Global M&A Hits Record High in Q1 2026, Boosting Growth Outlook
Global mergers and acquisitions reached a record high in the first quarter of 2026, driven by strong economic factors and setting a positive trajectory for further gains in the business sector.
Iran War Disrupts Supply Chains, Sending Factory Costs Soaring
Manufacturers worldwide face escalating input costs as the Iran conflict severely disrupts global supply chains, threatening production and economic stability.
Mega IPOs Test U.S. Market Depth Despite Volatility
A wave of large initial public offerings is set to gauge the strength of U.S. financial markets, facing significant volatility and economic uncertainty as investors assess risk appetite.
Dynamite Q4 Profit Doubles, Revenue Up 45%
Dynamite clothing retailer announced a remarkable fourth-quarter performance, with profits more than doubling and revenue increasing by 45%, signaling strong consumer demand and operational efficiency.
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Oil Falls, World Shares Jump on Iran War Ending Hopes
Global financial markets react positively as renewed diplomatic efforts raise expectations for a peaceful resolution to the Iran conflict, driving oil prices lower and boosting equity markets worldwide.
Asian Markets Soar, Oil Falls on Iran War De-escalation Hopes
Asian stock markets experienced a sharp rally, with South Korea's Kospi surging 8.4%, while oil prices dropped below $100 per barrel. This surge follows renewed optimism for a potential end to the Iran war, fueled by recent remarks from U.S. President Don
AI Data Centers Fuel Infrastructure Stock Opportunities
Infrastructure investments, traditionally defensive plays, are receiving new momentum from artificial intelligence data centers. Portfolio managers highlight North American stocks poised to benefit from rising energy demands.
JetBlue Raises Bag Fees by $9 as Iran War Impacts Fuel
JetBlue Airways increases checked bag fees by as much as US$9, citing elevated fuel costs linked to the Iran war. The move reflects broader airline industry pressures amid geopolitical tensions.
TSX Jumps Most in a Year on War-End Hopes
Canada's S&P/TSX composite index surged up to 2.6% on Tuesday, its biggest intraday gain since April 2025, driven by optimism over potential peace in the Iran conflict and a rally in precious metals stocks.
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Sun Life Invests $2B+ in Asset Management Expansion
Sun Life Financial completes three major deals totaling over $2 billion to expand its asset management business, resolving $2.24 billion in liabilities and boosting its SLC Management division.
Air Canada's Rousseau Case: Language as Legal Crisis
The controversy surrounding Air Canada CEO Michael Rousseau's unilingualism reveals how language proficiency transforms from a soft skill into a serious legal and governance obligation for executives.
Peloton Stock Surges After EMJ Capital Upgrade
Peloton shares jumped overnight following an upgrade by EMJ Capital, with founder Eric Jackson expressing confidence in the company's future despite recent challenges.
B.C. Business Group Opposes 'Unreasonable' Remote Work Request
A prominent business organization in British Columbia is calling on the provincial government to deny what it describes as an 'unreasonable' request for expanded remote work policies, citing concerns over productivity and economic impact.
Ex-Library CEO Accused of $21K Personal Credit Card Charges
The former CEO of Brockville Public Library is accused of charging over $21,000 in personal expenses to a corporate credit card, sparking an investigation into financial misconduct.
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Elon Musk Slams Canada's Language Laws After Air Canada CEO Exit
Elon Musk calls Canada's language laws 'hypocritical and unfair' following Air Canada CEO Michael Rousseau's resignation over his English-only condolence speech after a fatal crash.
Federal Funds Help Alberta Businesses Offset Tariff Impacts
Edmonton Centre MP Eleanor Olszewski announces Regional Tariff Response Initiative funding for five Alberta businesses, supporting economic resilience against tariffs.
Tariffs Prompt Jewelry Maker to Open Canada Distribution Hub
In response to U.S. tariffs, a major jewelry manufacturer is establishing a distribution center in Canada, aiming to streamline North American operations and mitigate trade costs.
Elon Musk on Air Canada CEO Resignation and French Laws
Elon Musk has publicly commented on the resignation of Air Canada's CEO, linking it to Quebec's French-language laws. The tech billionaire's remarks add to the ongoing debate over language policies in Canada.
Amazon Big Spring Sale Ends: 23 Top Deals Revealed
With Amazon's Big Spring Sale ending tonight, discover the 23 most popular deals based on sales data, including discounts on Apple Watch, vacuums, beauty products, and tech accessories.
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AIMCo Holds Firm on U.S. Assets Amid Trade Concerns
Alberta Investment Management Corp. plans no reduction in U.S. exposure or private credit holdings despite trade tensions and market challenges, with CIO Justin Lord citing continued opportunities.
McCormick Merges with Unilever's Food Division
Spice and flavor giant McCormick & Company has announced a strategic combination with Unilever's food division, marking a significant consolidation in the global food industry.
Canada Post Moves Forward with Home Delivery Phase-Out
Canada Post is proceeding with its controversial plan to end home delivery services across the country, a move that could significantly alter mail access for millions of Canadians.
Oil and War Top Financial Markets' Worry List for Q2
Financial markets face heightened uncertainty in Q2 2026, with oil price volatility and geopolitical tensions dominating investor concerns amid global economic instability.
Pandora Opens Canadian Hub to Counter U.S. Tariffs
Jewelry giant Pandora establishes a distribution center in Canada, strategically positioning itself to reduce exposure to escalating U.S. tariffs and streamline North American operations.
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Trump's Market Moves Fall Flat as Iran War Drags On
President Trump's traditional strategies for swaying financial markets are proving increasingly ineffective as the ongoing war with Iran creates sustained economic uncertainty and volatility.
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