The Vault · 2026-03-25 12:57:13 · Bloomberg Markets
In a major consolidation move for Canada's renewable energy sector, financial giants Brookfield Asset Management and Caisse de Depot et Placement du Quebec have agreed to a C$9 billion takeover of Boralex Inc. The deal, which includes debt, values the independent power producer at approximately $6.5 billion and signals...
The Vault · 2026-03-25 18:26:48 · Bloomberg Markets
A new wave of financial firms is moving into Canada's prediction markets, navigating a shifting regulatory landscape to offer speculative trading products. Wealthsimple, a major Canadian fintech player, is among those seeking approval to launch these markets, which allow users to bet on the outcomes of political, econo...
The Vault · 2026-03-25 23:27:06 · Hollywood Reporter
A Canadian media giant has secured a court-sanctioned financial lifeline. Corus Entertainment, a major buyer of U.S. series like 'Survivor' and 'NCIS,' has received judicial approval for a sweeping $363 million debt-for-equity restructuring plan. This move is a direct response to a punishing combination of collapsing l...
The Stage · 2026-03-26 09:57:05 · Variety
The Toronto International Film Festival (TIFF) is launching a new, aggressive industry initiative designed to capture and control the entire lifecycle of film and television projects. Dubbed 'TIFF: The Market,' this seven-day sidebar event will run concurrently with the festival from September 10-16, positioning itself...
The Lab · 2026-03-28 15:27:02 · GitHub Issues
A new industry survey reveals a critical and widening gap in Canada's cybersecurity posture, with supply chain vulnerabilities, cloud misconfigurations, and a severe national talent shortage creating a perfect storm of risk. The report finds that a staggering 82% of data breaches are directly attributable to IoT and cl...
The Vault · 2026-03-30 07:56:59 · Seeking Alpha
Glencore and the Canadian government are reportedly on the verge of a critical agreement to prevent the closure of the Kidd Creek copper and zinc mine and metallurgical site in Ontario. The facility, a significant employer and a key North American copper producer, has been under threat due to financial pressures and op...
The Vault · 2026-03-30 22:56:52 · Bloomberg Markets
Sun Life Financial Inc. is executing a significant strategic pivot, committing over C$2 billion to solidify its position in the competitive asset management sector. This substantial capital deployment, equivalent to roughly $1.4 billion USD, underscores a deliberate move beyond its core life insurance operations to cap...
The Vault · 2026-03-31 21:56:52 · Bloomberg Markets
Canada’s top securities regulator has formally alleged that KPMG LLP failed in its core duty as an auditor, directly harming investors in the wake of a major private credit collapse. The Ontario Securities Commission claims the Big Four firm did not properly value the loans held within four funds managed by the now-col...
The Vault · 2026-04-01 02:26:54 · Bloomberg Markets
Canadian subprime lender Goeasy Ltd. is signaling sustained financial pressure, warning investors that loan writeoffs will remain elevated for the foreseeable future. This alert follows a recent surprise surge in bad debts within its vehicle financing division, which had already rattled the market. The company's foreca...
The Lab · 2026-04-01 21:27:25 · GitHub Issues
Rogers Communications and its flanker brand Fido have confirmed a data breach involving unauthorized access to customer information. The company disclosed the incident after catching it through its own internal security monitoring systems, raising immediate questions about the scope and duration of the intrusion.
Acco...
The Lab · 2026-04-02 16:56:48 · Seeking Alpha
Plug Power has been selected as the electrolyzer supplier for a significant 275 MW green hydrogen project in Canada, marking a substantial commercial win for the hydrogen technology firm. This large-scale project represents a key validation of Plug Power's technology and its positioning within the rapidly developing No...
The Network · 2026-04-02 19:57:05 · Bloomberg Markets
Canada's largest refinery, Irving Oil, is making a significant supply pivot, sourcing crude from Newfoundland for the first time in four years. This move is a direct response to the disruption of Middle Eastern oil supplies caused by the ongoing war on Iran, forcing a major North American energy player to seek alternat...
The Vault · 2026-04-02 20:57:24 · Bloomberg Markets
A sharp selloff hit Canada's major telecommunications giants this week, triggered by a stark analyst warning that intensifying price wars and a subscriber growth slowdown threaten to erode core sales and profits. The warning, which analysts have doubled down on, sent shares of the country's largest telecom firms tumbli...
The Vault · 2026-04-02 21:26:55 · Bloomberg Markets
S&P Global Ratings has delivered another blow to British Columbia's fiscal standing, downgrading the province's credit rating for the fifth consecutive time since 2021. This latest move marks a significant erosion from the province's former position of strength, when it held a top-tier AAA rating. The repeated downgrad...
The Vault · 2026-04-02 22:56:54 · Seeking Alpha
Cargojet is executing a strategic retreat, announcing plans to divest its stake in 21 Air. This move signals a deliberate pivot away from diversification and back to the company's foundational business, prioritizing its core domestic and international ACMI (Aircraft, Crew, Maintenance, and Insurance) and charter operat...
The Vault · 2026-04-07 19:57:15 · Bloomberg Markets
Eldorado Gold Corp. has successfully navigated a contentious activist campaign to secure shareholder approval for its C$3.8 billion acquisition of Foran Mining Corp. The vote advances the company's strategic pivot to become a larger, diversified Canadian gold-and-copper producer, overcoming significant internal dissent...
The Vault · 2026-04-07 20:56:52 · Seeking Alpha
Eldorado Gold has cleared a critical hurdle, securing the necessary investor support to proceed with its C$3.8 billion all-stock acquisition of Foran Mining. This major deal, which would see Eldorado absorb the copper-focused junior miner, now moves toward finalization, poised to significantly reshape the mid-tier gold...
The Network · 2026-04-08 19:27:15 · Bloomberg Markets
A major maritime chokepoint disruption is creating a windfall for Canadian oil producers. The premium for Canadian crude shipped to the U.S. Gulf Coast has surged to its highest level in over two years, a direct consequence of the effective closure of the Strait of Hormuz. This sudden price signal reveals how a single ...
The Network · 2026-04-09 02:56:48 · ZeroHedge
Canada's House of Commons has passed Bill C-9, the 'Combating Hate Act,' advancing legislation that critics warn could criminalize the quoting of Bible passages on topics like sexuality as hate speech. The bill, which now moves to the Senate, is seen as a pivotal shift, removing a long-standing legal safeguard that pro...
The Vault · 2026-04-09 17:27:10 · Bloomberg Markets
The Investment Management Corporation of Ontario (IMCO) secured a 7.4% return last year, a performance significantly boosted by a major strategic move in the red-hot AI infrastructure sector. The $66 billion pension manager realized a return of approximately C$1 billion ($723 million) by trimming its stake in CoreWeave...