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Canada markets/macro/BoC

US, Iran Trade Deal Drafts as Israel Expands Lebanon Assault
NewsJun 1, 2026

US, Iran Trade Deal Drafts as Israel Expands Lebanon Assault

The United States and Iran exchanged draft proposals aimed at extending a cease‑fire and reopening the Strait of Hormuz, but key provisions—such as Iran’s authority over vessel transits and the release of $12 billion in frozen assets—remain contentious. President Trump reiterated...

By Financial Post
Stocks Hit Record on AI Rally, Oil Rises on Iran: Markets Wrap
NewsJun 1, 2026

Stocks Hit Record on AI Rally, Oil Rises on Iran: Markets Wrap

Global equities hit fresh records on May 31 as the AI trade powered the MSCI All Country World Index up 0.2%, with Asian markets posting a 1.1% surge. SoftBank Group jumped 10%, positioning it to overtake Toyota as Japan’s most...

By Financial Post
ECB’s Schnabel Sees Risk of Unanchored Inflation Views From War
NewsJun 1, 2026

ECB’s Schnabel Sees Risk of Unanchored Inflation Views From War

European Central Bank Executive Board member Isabel Schnabel warned that the war in Iran is creating a lasting inflationary shock that extends beyond energy prices, raising the risk that inflation expectations could become unanchored. She told a Bank of Korea conference...

By Financial Post
Goldman Sees Two-Sided Risk to Oil as Lower Use Offsets Iran War
NewsJun 1, 2026

Goldman Sees Two-Sided Risk to Oil as Lower Use Offsets Iran War

Goldman Sachs warns that oil prices face a two‑sided risk: weakening demand and supply disruptions from the Iran‑U.S. conflict. April data suggest a 2 million‑barrel‑per‑day demand shortfall in China and Western Europe, adding roughly $10 per barrel to its Brent forecast...

By Financial Post
Oil Rises From Six-Week Low Amid Uncertainty Over US-Iran Deal
NewsJun 1, 2026

Oil Rises From Six-Week Low Amid Uncertainty Over US-Iran Deal

Oil prices rebounded from a six‑week trough as Brent rose toward $93 a barrel and WTI hovered near $89, driven by renewed uncertainty over a US‑Iran peace deal. Negotiations over a cease‑fire extension and reopening the Strait of Hormuz stalled,...

By Financial Post
EU Weighs Temporary Freeze on Russia Oil Price Cap Over Iran
NewsMay 31, 2026

EU Weighs Temporary Freeze on Russia Oil Price Cap Over Iran

The European Union is weighing a temporary freeze on its Russian oil price cap, which currently sits at $44.10 per barrel. The cap, set to adjust automatically every six months, could otherwise rise to $65 in the July review, outpacing...

By Financial Post
ValOre Metals Completes Non-Brokered Convertible Debenture Financing
NewsMay 29, 2026

ValOre Metals Completes Non-Brokered Convertible Debenture Financing

ValOre Metals Corp. completed a non‑brokered private placement of convertible unsecured debentures, raising C$2 million (approximately US$1.5 million). The debentures carry 6% annual interest, payable semi‑annually, and can be converted after six months at C$0.12 (≈US$0.09) per unit, each unit comprising a...

By Financial Post
Mission Produce® Completes Acquisition of Calavo Growers, Advancing Its North American Avocado & Fresh Produce Platform
NewsMay 28, 2026

Mission Produce® Completes Acquisition of Calavo Growers, Advancing Its North American Avocado & Fresh Produce Platform

Mission Produce (NASDAQ:AVO) completed its acquisition of Calavo Growers, paying $26.05 per share in cash and Mission stock. The deal combines two of North America’s largest avocado distributors and adds Calavo’s tomatoes, papayas and ready‑made guacamole to Mission’s portfolio. The...

By Financial Post
Emtar Technologies Receives “Semiconductor Achievement Award: Startup of the Year” At CHIPS NORTH Executive Summit
NewsMay 28, 2026

Emtar Technologies Receives “Semiconductor Achievement Award: Startup of the Year” At CHIPS NORTH Executive Summit

Emtar Technologies, a Canadian semiconductor firm focused on wireless SoCs and RF front‑end solutions for satellite communications, won the Semiconductor Achievement Award: Startup of the Year at the CHIPS NORTH Executive Summit. The award, presented by AMD’s Chris Smith, highlights...

By Financial Post
EverGen Infrastructure Reports Q1 2026 Results
NewsMay 28, 2026

EverGen Infrastructure Reports Q1 2026 Results

EverGen Infrastructure Corp. reported Q1 2026 results, highlighting a $9.6 million USD credit facility and $8.9 million USD debt repayment. Revenue rose 38% to about $1.9 million USD, while net loss narrowed 42% to $0.5 million USD. Adjusted EBITDA nearly doubled to $0.64 million USD, driven...

By Financial Post
CN Says STB Was Right to Freeze the UP-NS Merger and Demand More Information
NewsMay 28, 2026

CN Says STB Was Right to Freeze the UP-NS Merger and Demand More Information

Canadian National Railway (CN) praised the Surface Transportation Board’s (STB) decision to freeze the Union Pacific‑Norfolk Southern merger review and demand a more detailed supplemental filing. The STB found the applicants’ amended application lacking in competitive‑harm analysis, market‑share data, and...

By Financial Post
Sandfire Resources America Announces Variation to Bridge Loan Agreement
NewsMay 28, 2026

Sandfire Resources America Announces Variation to Bridge Loan Agreement

Sandfire Resources America announced its sixth variation to the bridge loan agreement, raising the total borrowing capacity from $59.5 million to $65.3 million and extending the loan maturity to December 31 2026. The amendment adds liquidity without issuing new securities, preserving equity for shareholders....

By Financial Post
Volatus Aerospace Inc. Announces $30 Million Bought Deal Public Offering of Common Shares
NewsMay 27, 2026

Volatus Aerospace Inc. Announces $30 Million Bought Deal Public Offering of Common Shares

Volatus Aerospace Inc. (TSX:FLT) entered a bought‑deal public offering of 46.2 million common shares at C$0.65 each, generating C$30.03 million (approximately US$22 million). The syndicate, led by Desjardins Capital Markets, holds an over‑allotment option for up to 15% additional shares. Proceeds will fund...

By Financial Post
Brazil Clears First Generic Copy of Novo Nordisk’s Ozempic Shot
NewsMay 26, 2026

Brazil Clears First Generic Copy of Novo Nordisk’s Ozempic Shot

Brazil’s health regulator Anvisa approved EMS’s generic semaglutide injection, Ozivy, marking the country’s first GLP‑1 copy of Novo Nordisk’s Ozempic. EMS plans to price Ozivy about 30% lower than the branded shot and expects to launch within 30 days, offering...

By Financial Post
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