Browsing Tag
Canada
648 posts
Aviva profit jumps 24% as Direct Line integration raises the bar for £7bn cash target
Aviva plc beat first-half profit expectations as Direct Line and Wealth accelerated growth, but softer insurance pricing and a lower Health outlook mean the next phase depends on converting greater scale into sustainable margins, capital and earnings per share.
Proficient Auto Logistics completes Hansen & Adkins acquisition as combined fleet targets 4m vehicle moves
Proficient Auto Logistics closed its $130M Hansen & Adkins deal, creating North America’s largest auto hauler. See what comes next.
Stantec lifts 2026 margin outlook as adjusted EBITDA jumps 17% to C$333m
Stantec’s backlog hit a record C$9.2 billion as Q2 revenue and margins climbed. See how Page and Water demand are shaping 2026 growth.
eToro Group targets U.S. active traders with TradeZero acquisition after stronger Q2 profit
eToro Group profit rose 77% as it agreed to buy TradeZero for up to $231 million. See why weak July crypto activity rattled investors.
Moneris sale to Francisco Partners ends 25-year RBC and BMO payments venture
RBC and BMO sell Moneris to Francisco Partners for C$2 billion, closing early 2027 and ending a 25-year Canadian payments joint venture between the banks.
Bald Range wildfire expands to 13,600 hectares as British Columbia evacuation crisis deepens
British Columbia’s Bald Range wildfire claims its first reported death as 20,000 flee and lightning threatens more fires across the Okanagan.
Global Combat Air Programme: UK-Japan-Italy sixth-generation fighter moves into £4.6bn design phase
The Global Combat Air Programme is a UK-Japan-Italy sixth-generation combat aircraft programme governed through GIGO and delivered industrially by Edgewing, with a £4.6bn contract now funding work through end-2027 ahead of a targeted 2035 service entry.
Plus500 (LSE: PLUS) jumps 6% as $182.5m payout tops H1 profit
Plus500 jumped after record H1 revenue and a US$182.5m payout. Can US expansion and prediction markets offset margin pressure?
British Columbia declares wildfire emergency as more than 20,000 flee Okanagan communities
British Columbia has declared a provincewide state of emergency after the Bald Range wildfire exploded across the Okanagan, forcing more than 20,000 people to evacuate Summerland, Peachland and surrounding communities while homes, farms and infrastructure remain under threat.
MDA Space (TSX: MDA) gains Canadarm3 clarity as Canada shifts robotics strategy toward lunar operations
Canada plans to repurpose existing Canadarm3 investments for lunar-surface operations, giving MDA Space a clearer route beyond NASA’s paused Gateway programme. The strategic opportunity could eventually extend into lunar logistics and commercial space stations, but Canada has not yet disclosed incremental contract value, revised scope or a new deployment timetable.