Canadian IT Stock News

Magna International (TSX:MG) delivered a net profit margin of 2.9%, up from 2.3% last year, as earnings grew 22.8% over the past year, reversing a five-year annual decline of -2%. Looking ahead, the company forecasts annual earnings growth of 4.21% and revenue growth of 2.1%, both slower than the broader Canadian market averages. See our full analysis for Magna International. Next, we will see how Magna’s latest numbers compare with the key narratives investors follow, highlighting where the...

Perpetua Resources (TSX:PPTA) stock has seen a sharp climb over the past month, rising more than 16%. Investors are beginning to pay closer attention and are wondering what the underlying factors might signal for the future. See our latest analysis for Perpetua Resources. This strong 30-day share price return of 16.7% follows several quarters where Perpetua Resources has delivered eye-catching momentum. With its 143.7% total shareholder return over the past year and a staggering 962%...

Thinking about whether Allied Properties Real Estate Investment Trust is a bargain or a value trap? You are not alone. Many investors are asking the same question given the current market dynamics. The stock has experienced a rough ride lately, dropping 22.0% just in the last week and losing 14.6% so far this year. Longer-term returns also remain firmly in negative territory. Some of this volatility can be linked to recent headlines about shifts in Canada's commercial real estate market and...

Pulse Seismic Inc. recently reported its third quarter 2025 earnings, revealing a net loss of C$1.5 million but a sharp increase in net income to C$21.44 million for the nine months ended September 30, 2025, compared to the prior year. The company declared both regular and special dividends and continued share buybacks, underscoring its focus on capital returns even in the face of sector uncertainty. We'll examine how Pulse Seismic's dividend declarations and strong balance sheet shape its...

Bank of Nova Scotia (TSX:BNS) shares have attracted renewed interest lately, with steady gains over the past month and a solid year-to-date performance. Investors are curious about what is driving the recent momentum and what it could mean for the future. See our latest analysis for Bank of Nova Scotia. Momentum around Bank of Nova Scotia is clearly building, with a recent 2.1% share price return over the last month and a robust year-to-date gain of 19.1%. Looking further out, the bank's...

Coveo Solutions (TSX:CVO) has just delivered its latest quarterly earnings, posted updated revenue guidance for the next quarter and year, and revealed significant leadership changes in its executive team. See our latest analysis for Coveo Solutions. Despite strong year-over-year revenue growth and sweeping changes in the executive team, Coveo Solutions saw its share price tumble by over 25% in the past week and month, with momentum clearly fading after updated earnings guided expectations...

BTQ Technologies announced a partnership to integrate its Quantum Compute-in-Memory hardware with Solana’s core infrastructure, enabling post-quantum secure computations and commercialization opportunities on Bonsol’s verifiable computation network. This collaboration positions BTQ at the forefront of quantum-secure blockchain solutions while its inclusion in the SamsungActive KoAct Global Quantum Computing Active ETF raises its visibility among Asia-Pacific investors. We’ll explore how...

In October 2025, Cascade Nuclear Partners, a joint venture involving Aecon, Kiewit, and Black & Veatch, announced it is finalizing negotiations with Energy Northwest to design and build the first four Xe-100 small modular reactors near Richland, Washington. This initiative highlights Aecon’s expanding footprint in the U.S. nuclear energy market, positioned alongside recent earnings that showed strong revenue growth but reduced net income. We’ll explore how Aecon’s entry into advanced U.S...

National Bank of Canada recently announced several senior leadership changes that will take effect on January 1, 2026, including the retirement of Lucie Blanchet and the appointment of Julie Lévesque as Executive Vice-President, Personal Banking, alongside further realignment of key executive roles. This leadership transition emphasizes the bank’s intensified commitment to digital transformation and pan-Canadian growth through enhanced integration of technology and client-focused...

Wondering if Canadian Imperial Bank of Commerce is fairly priced, overvalued, or an opportunity waiting to be seized? You are not alone. We are about to break down the numbers to see where value lies and what might come next for this iconic Canadian stock. In the past year, the stock has surged 37.8%, with an impressive 28.5% return year-to-date, hinting at renewed investor optimism and changing perceptions of risk. Recent news of government initiatives to bolster the Canadian housing...

In its recent communications, Brookfield Corporation outlined an ambitious plan to achieve 25% annualized growth in distributable earnings per share through 2030, underpinned by targeted investments in AI infrastructure and long-term contracts with leading technology firms like Google and Microsoft. This approach combines robust free cash flow projections, substantial excess cash for buybacks and mergers, and a de-risked push into AI infrastructure, signaling Brookfield's commitment to...

Imperial Oil (TSX:IMO) reported net profit margins of 9.5%, down from 10.1% last year, with earnings declining over the past year. While revenue is forecast to grow at just 0.7% annually, which trails the Canadian market’s 5% pace, the company’s profitability over the last five years has been noteworthy, posting 33.4% annualized earnings growth. Despite projections for a slight 0.7% annual decline in earnings ahead, Imperial Oil is considered a good value compared to peer average...

Power Corporation of Canada (TSX:POW) is in the spotlight as investors await its third quarter 2025 financial results, set for release on November 12. The follow-up conference call is expected to offer fresh insights. See our latest analysis for Power Corporation of Canada. Power Corporation of Canada’s recent addition to the S&P/TSX Preferred Share Index has kept investor interest high, and the stock’s rally reflects a real shift in sentiment. Its 49% share price return so far this year,...

Ever wondered if Kinross Gold’s impressive run means the stock is truly undervalued, or if the easy gains are behind us? Let’s cut through the noise and get to the numbers. Kinross Gold has seen eye-popping returns recently, up 128.9% year-to-date and a massive 136.4% over the last 12 months, with a slight pullback of -8.0% in the past month. Fueling these moves, investors have responded to sector-wide optimism driven by rising gold prices and strategic asset acquisitions, such as the...

Foran Mining Corporation recently announced that construction at its 100% owned McIlvenna Bay project in Saskatchewan reached 64% completion as of September 30, 2025, remaining on schedule for commercial production in mid-2026 and continuing within budget. This update highlights record quarterly underground development and key project milestones, further reducing operational risk as the project advances toward production. Next, we’ll explore how achieving major construction milestones at...

Cogeco Inc. recently reported its full-year financial results for the period ended August 31, 2025, announcing revenue of C$3.01 billion and a 7% increase in its quarterly dividend to C$0.987 per share. The company is in the midst of a three-year transformation program focused on cost efficiencies and revenue generation, responding to industry competition and shifting customer demand toward internet-only services. We'll explore how Cogeco’s dividend increase and transformation program shape...

Capstone Copper (TSX:CS) has recently achieved profitability, a significant turnaround given that earnings had previously contracted by 27.3% per year over the past five years. Looking ahead, forecasts predict earnings growth of 38.6% per year and revenue growth of 13.3% per year, both outpacing the Canadian market. Alongside improved net profit margins and high-quality earnings, shares currently trade at a 90x price-to-earnings ratio, far above the industry average, with the market price...

Eldorado Gold (TSX:ELD) posted a 137.7% surge in annual earnings growth, far outpacing its five-year average of 33.4% per year. Net profit margins also climbed, hitting 26.7% compared to last year’s 16%. With profit and revenue forecast to expand well ahead of the Canadian market and no flagged risks to cloud the outlook, investors are eyeing the company’s high-quality earnings and favorable valuation as compelling rewards for the quarter. See our full analysis for Eldorado Gold. Next up, we...

Capital Power (TSX:CPX) has posted eye-catching headline numbers, with earnings rising at an average annual rate of 33.9% over the past five years, despite a slip into negative earnings growth in the most recent period. Net profit margin dropped to 11.7% from last year’s 13.7%, and the bottom line was boosted by a one-off CA$290.0 million gain. Looking ahead, revenue is forecast to grow at 4.1% per year, trailing the Canadian market’s 5%, while earnings are expected to accelerate by 21.3% per...

Rio2 Limited announced that construction at its 100% owned Fenix Gold Project in Chile reached 63% completion at the end of Q3 2025, with first gold production scheduled for January 2026 and key components for plant commissioning already in place. This project showcases one of the largest undeveloped gold oxide, heap leach resources in the Americas and highlights the company's ongoing commitment to environmental responsibility and positive regional impact. We'll explore how nearing gold...

Wondering if TFI International is offering genuine value, or if there’s more to the story just below the surface? You’re not alone, and now is a great time to dig into what’s really driving its price. The stock has seen notable movement lately, from a five-year gain of nearly 110% to a sharp 35.7% year-to-date drop, shifting both growth optimism and risk perceptions. Pressure on the broader transport sector and evolving freight market trends have weighed on the share...

Ucore Rare Metals (TSXV:UCU) is gaining attention following its response to the G7 Energy and Environment Ministers’ Meeting, where new policy tools were introduced to strengthen North America's rare earth supply chains. The company’s progress is closely connected to these developments. See our latest analysis for Ucore Rare Metals. There’s no missing the momentum behind Ucore Rare Metals right now. The share price has rocketed 25.3% over the last month alone, building on a remarkable 286%...

Alimentation Couche-Tard (TSX:ATD) just posted stronger first-quarter results, showing positive same-store sales globally and a turnaround in U.S. growth. The company also completed its acquisition of nearly 270 GetGo stores. See our latest analysis for Alimentation Couche-Tard. Despite volatile periods this year, Alimentation Couche-Tard's latest operational wins have captured some renewed optimism. The stock’s total return over the past year remains slightly negative at -1.6%. However, its...

Methanex (TSX:MX) delivered headline growth in its latest results, with revenue forecasted to rise by 7.1% per year, beating the broader Canadian market’s 5% growth rate. Net profit margins reached 7%, up significantly from last year’s 4.1%, and earnings growth surged 73.1% over the past year, well above the company’s 10.7% annual average over five years. These numbers point to a strong uptick in profitability trends that could shape how investors view Methanex going forward. See our full...