EU Parliament Signs €90 Billion Ukraine Loan as Hungary Holds Out
European Parliament President Roberta Metsola signed a €90 billion Ukraine Support Loan on February 24, marking the fourth anniversary of Russia’s full-scale invasion of Ukraine — but the funds remain in limbo as Hungary maintains a veto at the European Council level. The loan, which covers the 2026–2027 period, represents approximately two-thirds of Ukraine’s estimated […]
Carney Had Inside Knowledge of Keystone XL Revival Plans Before Trump Meeting, Source Says
Canadian Prime Minister Mark Carney walked into his October White House meeting with US President Donald Trump already knowing that pipeline company South Bow Corp. was privately exploring a revival of the cancelled Keystone XL pipeline, a federal government source told Reuters on Tuesday. Carney brought Keystone XL to the table at the White House […]
Loblaw Q4 2025 Profit Surge Looks Calendar-Driven, Not Structural
Loblaw Companies (TSX: L) delivered a sharp fourth-quarter earnings jump, but a large slice of the “beat” tracks to a 13th week and accounting roll-offs rather than a step-change in underlying retail economics. Retail revenue rose to $16.38 billion from $14.73 billion from a year earlier, a headline 11.3% gain that includes roughly $1.14 billion […]
BMO Grows Q1 2026 Earnings As Credit Costs Ease, Expenses Rise
BMO Financial Group (TSX: BMO) opened fiscal 2026 with Q1 revenue of $9.82 billion, up from $9.27 billion a year earlier, driven by net interest income of $5.64 billion versus $5.40 billion, plus non-interest revenue of $4.18 billion versus $3.87 billion. Reported net income came in at $2.49 billion versus $2.14 billion in Q1 2025, […]
Canada Certifies Gulfstream G700 and G800 Jets, Closing Aviation Dispute With Washington
Canada’s aviation regulator certified Gulfstream‘s G700 and G800 business jets on Monday, bringing a months-long dispute with Washington to a close and heading off a threatened escalation in trade hostilities between the two countries. Transport Canada awarded type certifications to the two flagship models from Savannah, Georgia-based Gulfstream Aerospace, a subsidiary of General Dynamics — […]
National Bank Q1 2026 Profit Jumps 26% as CWB Scales Up
National Bank of Canada (TSX: NA) posted fiscal Q1 2026 net income of $1.25 billion, up from $997.0 million in Q1 2025, as total revenue rose to $3.89 billion from $3.18 billion and the bank lapped a year-ago quarter that still included acquisition-related volatility tied to Canadian Western Bank acquisition. The revenue build was split […]
Scotiabank Q1 2026 Net Income More Than Doubled Due To Impairment Loss
Scotiabank (TSX: BNS) reported Q1 2026 net income of $2.30 billion, up from $993.0 million a year earlier, thanks to a material impairment loss recorded in Q1 2025. This bottomline translates to $1.73 earnings per diluted share. Net interest income was $5.58 billion, up from $5.17 billion year-over-year, while non-interest income was $4.06 billion, down […]
Hegseth to Anthropic: Allow Autonomous Weapons and Mass Surveillance of Americans — or Else
Defense Secretary Pete Hegseth met with Anthropic CEO Dario Amodei at the Pentagon on Tuesday and delivered a hard deadline: agree by 5 p.m. Friday to give the military unfettered access to Claude, or face consequences that could include a government blacklist — or forced compliance under a Cold War-era national security law. Read: Pentagon […]
Haunt For Gold: Reserves Sold By Trudeau Now Cost Canada Over $373M
Canada’s decision to sell its gold reserves in late 2015 to early 2016 continues to haunt the country. With the current price rally the move now implies a roughly US$374 million opportunity cost when repriced at today’s spot levels. Over a three-month window from December 2015 to February 2016 under former Prime Minister Justin Trudeau, […]
More Trump Tariffs Coming After Supreme Court Decision
More tariffs are now being built through two channels: a new blanket import duty and a separate push to launch national-security tariffs across multiple industrial categories. The Supreme Court’s recent ruling held that the International Emergency Economic Powers Act does not authorize President Donald Trump to impose tariffs, cutting off the legal foundation for the […]