B.C. Regulator Fines Mining Firm Over Misleading Report
The B.C. Securities Commission has fined a mining company for issuing a false or misleading report. The penalty underscores regulatory efforts to ensure transparency in the mining sector.
Category : Banking Finance
Manitoba Trade Rep: US Tariff Uncertainty Key Business Challenge
Manitoba's trade representative says U.S. tariff uncertainty is the biggest challenge for businesses, as trade tensions continue to impact the province's economy.
SpaceX Plans $75B IPO, Poised for Record Debut
SpaceX aims to raise up to $75 billion in its IPO, setting a record. Elon Musk's stake could make him the world's first trillionaire.
Propel Holdings AGM Voting Results Announced
Propel Holdings Inc. reported voting results from its 2026 Annual General Meeting, with all director nominees and resolutions approved by shareholders.
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CIRO Hearing Set for Christina Cole on Client Fund Misuse
The Canadian Investment Regulatory Organization has scheduled an initial appearance for Christina Cole, facing allegations of misappropriating client funds while at BMO Investments Inc.
Hagersville Woman Charged in Fatal Hamilton Crash
A Hagersville woman faces charges after a fatal crash in Hamilton. Police say the collision occurred on Wilson Street, resulting in one death.
Medtronic Achieves Highest Annual Revenue Growth in Decade
Medtronic announces fiscal 2026 results with highest annual revenue growth in 10 years, driven by strong portfolio execution and strategic investments.
Global Shares Mixed as Nikkei Hits Record High
World shares were mixed on Wednesday, with Tokyo's Nikkei 225 reaching an all-time high, following Wall Street's lead.
Wall Street Analysts Skeptical After Two-Month Rally
Wall Street analysts are cutting ratings on S&P 500 companies faster than raising them, signaling caution despite record highs. The rally, driven by AI and peace hopes, shows narrow participation and subdued euphoria.
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OSC Reappoints Three Directors to Board
The Ontario Securities Commission announces the reappointment of Kelley McKinnon, Steven Wolff, and Patricia Olasker to its Board of Directors, effective May 14, 2026.
Alphabet Drop Slows Wall Street Record Rally
Alphabet shares fell, slowing Wall Street's rally. TSX dipped on basic materials, while HPE surged 30%. Markets mixed amid economic data and corporate news.
Canada Faces Labour Squeeze as Retirements Surge
Canada's workforce is shrinking as record retirements outpace new workers. RBC warns of structural labour shortages ahead, despite current high unemployment.
Automatic Tax Filing Falls Short: Expert
Kim Moody critiques Canada's automatic tax filing plan, calling it a start but insufficient without comprehensive tax reform. The plan targets non-filers but has flaws.
World's Biggest IPOs: Saudi Aramco to Alibaba
A look at the largest initial public offerings in history, including Saudi Aramco and Alibaba, and their impact on global markets.
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Two Arrested in Mount Forest Drug Trafficking Probe
Wellington County OPP arrested two individuals in Mount Forest following a drug trafficking investigation. The suspects face multiple charges.
Bank Earnings Beat Forecasts, Yet Investors Remain Cautious
Canada's Big Six banks exceeded Q2 earnings expectations, but share prices fell or stayed flat due to high valuations and economic uncertainty, with CIBC and National Bank dropping 5.3% and 4%.
More Canadians turn to GoFundMe for bills: rising desperation
A growing number of Canadians are relying on online fundraising platforms like GoFundMe to cover basic expenses, highlighting deepening financial struggles.
Weekly Economic Calendar: Key Reports and Earnings Ahead
A preview of major economic reports and corporate earnings for the week, including PMIs, employment data, and notable company results.
Barrie Restaurant Owner Wins Lottery for Third Time
Filippos Triantafillou wins big in the lottery for the third time, marking a remarkable streak of luck for the Barrie restaurant owner.
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Canadian Banks Resilient Amid Sluggish Consumer Environment
Ernest Wong of Baskin Wealth Management discusses how Canadian banks maintain resilience despite rising valuations and a sluggish consumer environment.
Canada Enters Technical Recession in Q1 2026: StatCan
Canada's economy contracted in Q1 2026, meeting the technical recession definition. Statistics Canada reports stalled growth amid global uncertainties.
Windsor Police Seize $121K, Arrest Two Suspects
Windsor Police arrest two suspects after seizing $121,000 in cash and drugs. The bust highlights ongoing efforts to combat drug trafficking in the region.
Peel Police Seek Suspects in Prolific Fuel Fraud
Peel Regional Police are searching for multiple suspects linked to a prolific fuel fraud scheme targeting commercial trucks at Brampton gas stations, resulting in significant financial losses.
RBC Q2 Profit Up 25%, Raises Dividend
Royal Bank of Canada reports a 25% increase in Q2 profit compared to last year, prompting a dividend hike. The bank's strong performance reflects robust earnings growth.
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TD Bank Reports $4.25B Q2 Profit, Raises Dividend
TD Bank announced a $4.25 billion second-quarter profit, leading to a dividend increase. The strong performance reflects robust earnings growth.
TD Bank Beats Q2 Earnings Estimates, Hikes Dividend
TD Bank reported Q2 net income of $4.3 billion, beating analysts' expectations. Adjusted EPS of $2.38 topped forecasts, and the bank raised its dividend by four cents to $1.12 per share.
RBC Beats Q2 Forecasts, Hikes Dividend on Broad Profit Growth
Royal Bank of Canada reported Q2 earnings above expectations, with net income up 25% to $5.5B. The bank raised its dividend and set aside less for bad loans.
US CEO Pay Rose Nearly 6% in 2025, Some Staggering
Median pay for U.S. CEOs increased by nearly 6% in 2025, with some compensation packages reaching staggering levels, according to a new report.
National Bank Beats Q2 Expectations, Hikes Dividend
National Bank of Canada reported Q2 net income of $1.2B, up 38%, beating estimates. The bank raised its dividend and cut loan loss provisions by more than half.
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National Bank Q2 Profit Up, Dividend Raised
National Bank reports Q2 profit increase from last year and raises dividend. The bank's strong performance reflects growth in key segments.
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