News

S&P/TSX Composite Down 1.14%, Gold Futures Up

The S&P/TSX Composite Index doffed 1.14% or 191.96 points to 16,582.18 on Thursday. However, despite the decline, the index still traded above its...

Aimia Inc (TSX:AIM) Reports Q3 2020 Financial Results

  The company’s net loss in Q3 2020 stood at C$1.1 million, down from a net income of C$30.1 million same quarter last year. However, e...

Loblaw (TSX:L) Q3 Revenue Increases By 6.9%

  Revenue surged to C$15.67 billion in third quarter 2020, up by over C$1 billion YoY. Operating income of C$718 million in Q3 2020, up 4.1%...

International Energy Agency Slashes Oil Demand Forecasts

  IEA reduced oil-demand projections for current quarter by 1.2 million barrels a day. The Paris-based agency cut down outlook due to new con...

Power Corporation of Canada (TSX: POW) Reports Q3 Results

  In the third quarter of 2020, Power Corporation reported net earnings of C$505 million, up from C$359 million in 2019. Net asset value per...

Cascades Inc’s (TSX: CAS) Sales Marginally Up In Q3 2020

  The company registered sales of C$1,275 million in the third quarter of 2020, marginally up as compared with C$1,264 million a year ago. Th...

Sony launches PlayStation 5 amid COVID-19 gaming boom

On 12 November, Sony Corp (TYP:6758) PlayStation 5 console went on sale following the launch of newest Xbox by the rival Microsoft competing for the h...

COVID-19 vaccine breakthrough fuels US tech stocks’ sell-off

The US achieved a significant milestone in the direction of COVID-19 vaccine when on 09 November 2020, Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq...

How will Biden victory affect health insurance in the US?

After the US welcomed their new Democrat president Joe Biden in the most intense presidential elections ever, many Americans greeted the decision with...

How Will Post-Brexit Canada-UK Deal Impact Canadian Businesses?

  Canada would be ready for a post-Brexit trade agreement with the UK by the end of this year, Prime Minister Justin Trudeau said on Wednesday,...

TSX Ends On Higher Note For Third Straight Day, Aurora Cannabis (TSX...

Equity benchmark index of Canada, the S&P/TSX Composite Index, closed higher for the third straight day on Wednesday. It added approximately 159 p...

Canada-UK Post-Brexit Trade Deal Likely By 2020-End, Says PM Trudeau

  A trade agreement with the United Kingdom is expected by the end of 2020, said Prime Minister Justin Trudeau at an online conference. Howev...

The Green Organic Dutchman (TSX: TGOD) Revenues Surge 119% YoY in Q3...

  In the third quarter of 2020, the company reported total revenue of C$5.71 million, 119 per cent increase over Q3 2019. The Canadian cannab...

Absolute Software (TSX: ABST) Revenue Spikes 11% YoY

  Revenue touched US$28.5 million in Q1 FY2021 (ending September 30, 2020) Net income decreased by 25 per cent year-over-year to US$2.6 milli...

Boralex Inc’s (TSX:BLX) Combined EBITDA(A) Surges 18% YoY in Q3

  The Canadian electricity provider registered a combined EBITDA (adjusted to include other items) of C$83 million in the third quarter of 202...

NFI Group (TSX:NFI) Total Revenue Drops by US$61.5 Million in Q3 202...

  NFI Group Inc reported total revenue of US$663.9 million in the third quarter of 2020, down US$61.5 million from Q3 2019. The vehicle manuf...

What Is Remembrance Day? Glance At Defense Stocks CAE (TSX:CAE) & He...

Summary With rising number of COVID cases, formal Remembrance Day events will be held privately this year. Ahead of Canada’s Remembrance Day...

Is Hydrogen the fuel of the future?

In a world where the need for sustainable energy is growing by the day, engineers are facing a crucial task of finding new resources. After NASA star...

Petco plans to go public, files IPO with the US Securities and Excha...

Petco Animal Supplies Inc has announced its intentions to go public in the US after having submitted a registration form S-1 to the US Securities and...

TSX Edges Higher, Enerplus Corp & Sleep Country Canada Top Gainers

Main index of the Toronto Stock Exchange, the S&P/TSX Composite Index, moved up on continued hopes of coronavirus vaccine will lead to global econ...