The Bank of Canada is observing the growth of an alternative credit model. This model has exposed Canadian investors and banks to approximately half a trillion dollars in loans. The Bank is concerned about the implications of this trend.
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Canada's major banks are expected to report strong third-quarter earnings this week. However, analysts and money managers express concerns that any missteps in these reports could lead to fluctuations in the share prices of these banks. Following a notable run-up in bank stock values, the focus is on maintaining performance to avoid potential investor backlash.
Sources:The Star, Google News, Squamish Chief, Winnipeg Free Press, Coast Reporter, Citynews Vancouver, The Record, Richmond News, Lakeland News, Citynews Montreal, Citynews Edmonton, Airdrie News, Citynews Ottawa, Ns News, St. Albert News, Citynews Calgary, Burnaby Now, Citynews Everywhere, Rocky Mountain Outlook, Kitchener News, Western Wheel, The Standard, Citynews Winnipeg, Times Colonist, Yahoo! News, Town And Country Today
The National Bank of Canada has announced its third-quarter profit, reporting a rise to $1.31 billion, up from $1.07 billion a year prior. This increase represents over a 20 per cent growth attributed to strong performances in various sectors of the bank's operations. The financial results highlight the bank's recovery and growth amidst market conditions.
Sources:Financial Post, Town And Country Today, Coast Reporter, Ns News, Winnipeg Free Press, Rocky Mountain Outlook, The Record, Vancouver Is Awesome, Yahoo! News, St. Albert News, Times Colonist, Airdrie News, Richmond News, Squamish Chief, Western Wheel, The Standard, Lakeland News, Google News, Ctv News, Bnn Bloomberg, The Hamilton Spectator, The Star, Investing News Network (inn)
The Bank of Nova Scotia has reported a third-quarter profit of $2.95 billion for the quarter ending July 31, 2026. This figure is an increase from the $2.53 billion profit reported in the same quarter last year. The profit amounted to $2.27 per diluted share, reflecting a rise of $1 per share from the previous year.
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Laurentian Bank of Canada has reported a net income of $1.5 million for the third quarter. The bank is in the process of restructuring its operations, aiming to split into two entities and transition to being a specialty commercial bank. The results presented are based on unaudited information from the condensed interim consolidated financial statements.
Sources:Newswire, Coast Reporter, Airdrie News, Rocky Mountain Outlook, Squamish Chief, Town And Country Today, Ns News, Times Colonist, Winnipeg Free Press, Western Wheel, Lakeland News, Richmond News, St. Albert News, Yahoo! News, The Record, Vancouver Is Awesome, The Hamilton Spectator
The Bank of Canada is scheduled to make its sixth interest rate decision of the year today. Many economists and financial markets are anticipating that the central bank will maintain the current policy rate. The Bank of Canada has held its policy rate steady at 2.25 per cent since late last year.
Sources:The Star, Yahoo! News, The Record, Kitchener News, Times Colonist, Lethbridge News Now, St. Albert News, Winnipeg Free Press, Medicine Hat News, Oakville News
North American markets experienced fluctuations following the release of employment reports from Canada and the United States. The S&P/TSX composite index showed gains while U.S. stocks demonstrated a mixed performance. Analysts noted changing expectations regarding potential rate hikes by the Federal Reserve as job data was assessed.
The Canadian dollar has shown signs of strengthening against the U.S. dollar, reportedly reaching a near two-month high amid discussions of a new trade deal. Factors contributing to this increase include inflation trends and the temporary pause in new tariffs announced by U.S. President Trump. Market analysts continue to monitor the situation as the deadline for new tariffs approaches.
The Bank of Canada is scheduled to announce its interest rate on September 2. Analysts expect the rate to remain at 2.25% due to ongoing inflationary pressures and trade uncertainties. The decision is influenced by various economic factors affecting the Canadian market.
Sources:Orangeville.com, The Peterborough Examiner, Niagarathisweek.com, New Hamburg Independent
The Bank of Canada is expected to hold its key interest rate at 2.25% during its upcoming meeting. Financial markets indicate that this will be the seventh consecutive hold, influenced by ongoing trade tensions with the United States. Experts suggest this decision may not significantly affect regional housing markets, including Calgary.
Sources:The Star, The Globe and Mail, Ctv News, Google News
The Bank of Canada is projected to keep interest rates steady in its upcoming announcement. Economists point to strong GDP growth in the second quarter but highlight potential risks from ongoing trade tensions. The central bank's approach appears to remain cautious as it monitors the effects of tariffs on future economic performance.
The Toronto Stock Exchange's annual ranking highlights tech and mining stocks as top performers. This trend is attributed to the ongoing commodities super cycle and significant investments in infrastructure and AI data centres in Canada. Investors are responding to these developments, ensuring these industries are currently thriving.
Sources:Bnn Bloomberg, Canada’s National Observer, Construct Connect
Vanguard Canada has launched its first actively managed fixed income Exchange-Traded Fund (ETF) called the Vanguard Global Core-Plus Bond ETF, which is listed on the Toronto Stock Exchange under the ticker VCOR. The announcement was made by Sal D'Angelo, Head of Vanguard Canada, during a market opening ceremony. This new ETF aims to provide access to global fixed income markets.
Statistics Canada is set to release its gross domestic product (GDP) figures for the second quarter of the year. Economists have anticipated a significant rebound in economic growth following a contraction in the first quarter. The latest results will provide insights into the economic recovery and revisions to previous data.
Sources:Canada’s National Observer, Ctv News, Wings Magazine
Exchange Income Corporation has announced an increase in its dividend for August 2026 from $0.23 to $0.24 per share. The announcement was made in conjunction with its second quarter results. This reflects the company's strategy of focusing on growth in the Aerospace & Aviation and Manufacturing sectors.
Sources:Financial Post, Businesswire, Newsfilecorp
Options Technology has announced the launch of CIX Trading, Canada’s newest alternative trading system (ATS). This system aims to modernize Canada's equities markets and is the first ATS to be introduced in over a decade. CIX Trading will include features such as extended market hours to enhance trading flexibility.
The ongoing conflict in Iran is affecting Canadian investors, particularly in the bond market. Investors are grappling with rising yields and a decrease in global capital. Meanwhile, the equity market continues to be largely driven by advancements in artificial intelligence.
U.S. President Donald Trump has stated that the currency imbalance between Canada and the United States is unacceptable. He announced that this situation would be addressed moving forward. This comment comes in advance of counter-tariffs between the two countries taking effect.
Smartwell Technology Corp. has officially opened the market on the TSX Venture Exchange following its new listing. The event featured Tony Chan, the company's President, alongside Omar Khafagy from the Toronto Stock Exchange. This listing marks a new milestone for Smartwell Technology Corp. as it joins the ranks of publicly traded companies.
The National Bank of Canada has declared a quarterly dividend of CAD 1.32 per common share. The dividend will be payable on November 1, with an ex-dividend date of September 28. This announcement pertains to the quarter ending October 31, 2026.
Solstice Gold Corp. has successfully closed a private placement financing. The offering, announced earlier, occurred on September 4, 2026 and generated gross proceeds of approximately $650,000. The financing involved the issuance of 10,833,333 common shares at a price of $0.06 each.
Magellan Aerospace Corporation has announced its financial results for the second quarter of 2026, highlighting revenue growth. The reported revenue figures indicate a 22.3% increase for the three-month period compared to the previous year. The six-month results also show a 15.7% increase in revenue year-over-year.
Aris Mining Corporation has been named to the 2026 TSX30, an annual ranking of the top 30 performing companies on the Toronto Stock Exchange. This recognition is based on dividend-adjusted share price performance over the last three years. The TSX30 showcases companies that have provided significant returns to their shareholders.
Fortis and Emera are highlighted as solid options for dividend stocks aimed at retirees. Another unnamed defensive dividend stock is recommended for creating a resilient portfolio. The articles focus on the stability and resilience of these companies in varying economic conditions.
TD Bank has reported a third-quarter profit of $4.6 billion, an increase from $3.3 billion the previous year. The bank plans to expand its presence in the U.S. by opening 100 new branches. The earnings growth is attributed to improved performance in wholesale banking and capital markets activity.
BlackRock Asset Management Canada Limited announced cash distributions for its iShares ETFs for August 2026. These distributions are applicable to ETFs listed on the Toronto Stock Exchange (TSX) or Cboe Canada. Unitholders of record will receive these distributions on a monthly basis.
Sources:Financial Post, Investing News Network (inn)
Covalon Technologies Ltd. announced its financial results for the third quarter of fiscal 2026, reporting a revenue increase of 20% year-over-year, reaching over $10 million. The company's gross margin expanded to 67.2%, significantly up from 46.5% in the previous year. Contamination Protection revenue rose by 68% year-over-year and 34% compared to the previous quarter.
lululemon athletica inc. has announced the release date for its financial results for the second quarter of fiscal 2026. The results will be made available on September 3, 2026, followed by a conference call at 4:30 p.m. Eastern time. Interested participants can join the call using the provided phone numbers.
Orion Digital Corp. will participate in the H.C. Wainwright's 28th Annual Global Investment Conference in New York from September 14 to 16, 2026. President and Co-founder Greg Feller will take part in one-on-one meetings during the event. Further details about the conference can be found on H.C. Wainwright’s official website.
Coelacanth Energy Inc. has published its financial and operational results for the second quarter of 2026, covering the period ending June 30. The report highlights a significant increase in oil and natural gas production compared to the previous year. The company's production rose by 531%, reaching 7,632 barrels of oil equivalent per day in Q2 2026, compared to 1,210 barrels of oil equivalent per day in Q2 2025.