Browsing Tag
Toronto
78 posts
Aecon backlog hits record C$14.6bn as nuclear and power contracts lift quarterly revenue 26%
Aecon has reported record construction backlog, stronger quarterly earnings and substantial operating cash generation as Canadian nuclear, electricity and infrastructure contracts expand, while project delivery and corporate costs remain important determinants of future profitability.
Magellan Aerospace joins Saab’s Gripen Canada plan, but how much fighter jet manufacturing work could it secure?
Magellan Aerospace has signed a memorandum of understanding with Saab to explore manufacturing advanced structures for the Gripen E fighter in Canada. The proposed work includes composite wing skins and external fuel tank activities, but its commercial value depends on Canada's future fighter procurement decision and subsequent production contracts.
Cizzle Brands moves closer to U.S. listing with 1-for-25 reverse split, but what happens to shareholder value?
Cizzle Brands has approved a 1-for-25 share consolidation intended to satisfy U.S. exchange listing requirements, adding momentum to its proposed American offering and debt restructuring as investors assess dilution, liquidity and the company's accelerating sports nutrition business.
Xanadu partners with GlobalFoundries to scale photonic quantum chip manufacturing
Xanadu partners with GlobalFoundries to scale quantum chip manufacturing. Find out why XNDU stock jumped and what investors should watch next.
Power Sustainable plans to mobilize more than C$10bn into Canadian infrastructure
Power Sustainable plans to invest and mobilize more than C$10 billion into Canadian infrastructure and related businesses over five years, a target exceeding twice its current assets under management but including capital from partners and investors.
Delta Consulting Group buys Osborne Partners to build 179-person global advisory platform
Delta Consulting Group has completed its acquisition of Osborne Partners, creating a 179-professional advisory platform spanning eight major business centres and significantly increasing Delta’s exposure to international arbitration, economic regulation and complex disputes.
Celestica Q2 revenue surged 62%. Why is CFO Mandeep Chawla moving into a new global growth role?
Celestica has promoted CFO Mandeep Chawla into the newly created role of Group President, Global Markets and named Todd Ankenmann CFO as explosive AI infrastructure demand forces the company to redesign its executive structure.
Xanadu locks in C$195m federal support for C$893m quantum manufacturing push
Xanadu Quantum Technologies has formalised C$195 million of Canadian federal backing for the C$893.4 million Project OPTIMISM manufacturing program, including a new 158,000-square-foot Toronto photonics facility. The agreement materially reduces the capital burden, but securities filings show the government contribution is conditionally repayable rather than a conventional grant.
Dominion Dynamics closes record Canadian defence technology Series A
Dominion Dynamics has secured the largest Series A in Canadian defence technology to scale Arctic surveillance, autonomous aircraft and battlefield command systems.
LXP Industrial (NYSE: LXP) to go private as Brookfield and CPP Investments strike $5.2bn Sunbelt logistics deal
Brookfield and CPP Investments to take LXP Industrial private at $61.20 cash in a $5.2 billion deal, with a 40-day go-shop live and LXP's 33-year dividend streak paused.