SAAB’s Aircraft Pitch Ushers Minted Canada-Sweden Partnership
Swedish firm SAAB’s plan to build GlobalEye surveillance aircraft and Gripen fighters in Canada links a 13,000-job offer directly to the new Canadian-Swedish Strategic Partnership and to Ottawa’s unsettled decisions on P-8A Poseidons and F-35 fighters. At the core of the push is SAAB’s commitment to build the entire GlobalEye airborne early warning and control […]
Metro Meekly Grows Earnings In Q4 2025 As Freezer Hit Bites Margins
Metro (TSX: MRU) reported its Q4 2025 results this week, with sales jumping 3.4% to $5.11 billion from $4.94 billion, with food same store sales up 1.6% and pharmacy same store sales up 4.8%. For the full fiscal year, sales increased 3.7% to $22.00 billion from $21.22 billion. Quarterly operating income increased 5.5% to $484.7 […]
Canada Post Job Cuts Loom For “Leaner Organization” After $1B Loss
Canada Post is preparing for sweeping workforce reductions as it declares itself “effectively insolvent” and reports more than $1 billion in operating losses so far in 2025 alongside a record quarterly loss of $541 million before tax. At its annual public meeting on Tuesday, CFO Rindala El-Hage said the $541 million quarterly shortfall was the […]
Teck Resources Quietly Courted Vale Metals Unit Before $40B Anglo American Deal
Teck Resources’ admission that it held on and off talks with Vale’s base metals unit before agreeing to a $40 billion merger with Anglo American highlights how aggressively global miners have pursued its copper assets while BC’s proposed Heritage Conservation Act overhaul raises fresh permitting risk for future Canadian production. In materials sent to shareholders, […]
Trump Admin To Loan $1B To Restart Three Mile Island Nuclear Reactor
The US Department of Energy will lend Constellation Energy $1 billion to restart the former Three Mile Island Unit 1 reactor, now branded the Crane Clean Energy Center. The loan could cover most of the estimated $1.6 billion project cost, positioning the plant to supply Microsoft’s regional data centers under a 20-year power purchase agreement. […]
US Ambassador Says Fighter Jet Purchase Affects Trade Talk Prospects
The future of stalled US-Canada trade negotiations depends partly on Canada’s decision to purchase American fighter jets, US Ambassador Pete Hoekstra said Wednesday, linking two major bilateral issues as tensions between the neighboring countries remain high. Hoekstra told a manufacturing conference in Ottawa that restarting trade talks “will not be easy” and urged Canada to […]
Banks Pivot From Argentina Bailout To Stopgap Repo
US banks have shelved a headline $20 billion bailout facility for Argentina and are instead working on a far smaller, short-term repo package of around $5 billion, sharply reducing the scale of private financing attached to Washington’s support for President Javier Milei. In October, the US Treasury reached a $20 billion exchange-rate stabilization agreement with […]
Coincidence? Executive Pay Surges at Firms Receiving Ontario Training Grants
Executive salaries jumped sharply at organizations receiving millions from Ontario’s Skills Development Fund, raising questions about whether taxpayer money intended for worker training is effectively subsidizing private sector wage increases. A CTV News investigation found executive pay increased substantially at multiple fund recipients during the same period their government grants surged. At 12490625 Canada Institute, […]
Vianode Anchors Massive Investment Wave Into Canada
Norwegian battery materials maker Vianode is committing $3.2 billion to a synthetic graphite plant in St. Thomas, Ontario, pairing that outlay with a stack of Canadian and European public financing and plans to ramp employment from 300 to as many as 1,000 jobs. Ontario will support the project with a $670 million loan, complementing previously […]
Rising Originations Mask Building Stress in Canada’s Mortgage System
Canada’s Fall 2025 mortgage report shows expanding originations, modestly improving risk metrics, and stabilizing debt ratios, while elevated household leverage, surging renewals, and regional delinquency increases keep systemwide pressures high. In H1 2025, lenders grew mortgage originations versus H1 2024 as insured mortgages and refinances surged. Chartered banks issued $291 billion in newly extended mortgages, […]