Canadian IT Stock News

TSX:IMG
TSX:IMGMetals and Mining

IAMGOLD (TSX:IMG) Is Up 6.0% After Expanding Low-Cost Credit Facility - Has The Bull Case Changed?

On 17 June 2026, IAMGOLD Corporation announced it had amended its senior secured revolving credit facility, increasing total commitments from US$650,000,000 to US$850,000,000, extending maturity to 17 June 2030, and lowering interest margins tied to its net leverage ratio. The enlarged, still-undrawn facility, combined with an accordion option of up to US$250,000,000 and eased leverage covenants, materially expands IAMGOLD’s accessible liquidity and financing flexibility for future corporate...
TSX:VNP
TSX:VNPChemicals

5N Plus (TSX:VNP) Stock Could Be 17.1% Undervalued As Space Demand Supports Growth

Fresh analyst commentary on 5N Plus (TSX:VNP) is drawing attention to the company’s role supplying materials to the growing space infrastructure sector, where expanding satellite projects and a sold out solar cell subsidiary underpin demand visibility through 2027. See our latest analysis for 5N Plus. For context, 5N Plus shares have climbed strongly in recent months, with a 90 day share price return of 40.51% and a year to date share price return of 128.17%. The 1 year total shareholder...
TSX:BCE
TSX:BCETelecom

Does BCE’s New AI Partnership And Layoffs Reframe The Bull Case For BCE (TSX:BCE)?

Earlier this week, Bell Canada, Cohere, Hypertec and BUZZ High Performance Computing announced a Canadian-built AI infrastructure partnership centered on Bell’s Merritt, BC data centre, while BCE also moved ahead with nearly 700 additional job cuts across multiple business units. Together, the AI alliance and renewed layoffs highlight BCE’s push to reposition towards higher-value digital infrastructure and enterprise AI services while tightening its cost base. Next, we’ll examine how BCE’s...
TSX:MFI
TSX:MFIFood

Maple Leaf Foods (TSX:MFI) Stock Could Be 16.4% Undervalued After Pork Spin Off

Maple Leaf Foods (TSX:MFI) has just released its latest Integrated Report, confirming completion of the spin-off of its pork operations and outlining 2025 sustainability achievements. This gives investors fresh context for assessing the refocused business. See our latest analysis for Maple Leaf Foods. Alongside the spin-off and sustainability progress, Maple Leaf Foods has seen firm share price momentum, with a 26.34% year to date share price return and a 1 year total shareholder return of...
TSX:BLDP
TSX:BLDPElectrical

Ballard Power Systems (TSX:BLDP) Stock Might Be 48.5% Overvalued After Repeat 15 MW Order

Ballard Power Systems (TSX:BLDP) is back in focus after securing a 15 MW order for its stationary fuel cell systems, a repeat deal from an existing off grid renewable power customer. See our latest analysis for Ballard Power Systems. The repeat order has arrived after a strong run in Ballard Power Systems’ share price, with a 90 day share price return of 85.59% and a 1 year total shareholder return of 188.78%. However, the 5 year total shareholder return remains down 72%, suggesting improving...
TSX:EQB
TSX:EQBBanks

3 Financial Stocks Tied To Higher Rates And Credit Risk

The Federal Reserve’s decision to hold rates at 3.50% to 3.75%, along with Chairman Kevin Warsh’s focus on incoming data and less forward guidance, has pushed financial markets to reassess what prolonged higher borrowing costs might mean. Treasury yields reacted, major indexes slipped, and attention quickly turned to large, well rated financial stocks that could be sensitive to this shift. This article looks at three stocks from our Financial Sector Stocks screener that appear positively...
TSX:EMP.A
TSX:EMP.AConsumer Retailing

Empire (TSX:EMP.A) Stock Could Be 10.4% Below Fair Value After Q4 EPS Jump

Empire (TSX:EMP.A) is back in focus after reporting a 27% jump in adjusted Q4 EPS and approving a 10.2% increase in its annual dividend, along with plans for increased store expansion and capital spending. See our latest analysis for Empire. Empire's recent Q4 results and dividend increase have coincided with stronger trading interest, with a 1-day share price return of 3.89% and a 30-day share price return of 9.00%. Over a longer horizon, the 1-year total shareholder return declined 4.53%,...
TSX:WSP
TSX:WSPConstruction

Will WSP’s New UK Operations Leader Subtly Redefine Its Execution Story (TSX:WSP)?

WSP Global has recently appointed Ruth Bailey as deputy chief operating officer for its UK & Ireland business, drawing on her more than two decades of international engineering and operational leadership experience to enhance execution and business operations in those markets. Her focus on operational excellence across UK and Ireland could influence how effectively WSP converts its large infrastructure and advisory pipeline into high‑quality, timely project delivery. Next, we will examine...
TSX:NA
TSX:NABanks

National Bank of Canada (TSX:NA) Stock Could Be 18% Below Fair Value After Debt Issuance

National Bank of Canada stock reacts to fresh capital raising moves National Bank of Canada (TSX:NA) has been active in capital markets, completing a CAD 600 million fixed to floating note issue and a €30 million eurobond, shortly after filing a CAD 20 billion debt shelf. See our latest analysis for National Bank of Canada. Against this backdrop of new debt issuance, National Bank of Canada’s share price has shown firm momentum, with a 25.86% 3 month share price return and a 68.35% 1 year...
TSX:WCP
TSX:WCPOil and Gas

3 Canadian Oil Stocks With Value And Balance Sheet Tradeoffs

Geopolitical shocks around the U.S. and Iran conflict, threats to the Strait of Hormuz, and renewed attacks across the Gulf are putting fresh attention on energy sector stocks. For investors watching oil and gas exposure, this kind of tension can reshape risk, pricing power, and supply expectations in ways that ripple through portfolios. Using a focused screener of Energy Sector Stocks, this article examines how the latest news may influence three stocks that appear positively exposed to...
TSX:CVE
TSX:CVEOil and Gas

Cenovus Energy (TSX:CVE) Stock Could Be 22.6% Undervalued As Options Trading Surges

A surge in options trading around Cenovus Energy (TSX:CVE), combined with conflicting views on whether the stock looks expensive or cheap and upbeat earnings expectations, has pushed the company firmly into the market spotlight. See our latest analysis for Cenovus Energy. Cenovus Energy’s recent pullback, with the share price down 10.71% over seven days and 18.70% over 30 days from CA$35.53, contrasts with a stronger backdrop that includes a 47.73% year to date share price return and an...
TSX:TA
TSX:TARenewable Energy

TransAlta (TSX:TA) Stock Could Be 17.2% Undervalued After Centralia Mandate

Why the latest U.S. mandate matters for TransAlta stock TransAlta (TSX:TA) is back in focus after the United States Department of Energy ordered its Centralia Unit 2 in Washington State to remain available for operation for an additional three months, extending through mid September 2026. The mandate keeps a U.S. coal facility in TransAlta’s Energy Transition segment online for longer than previously planned. It also maintains potential revenue from Centralia Unit 2 while wider questions...
TSX:ENGH
TSX:ENGHSoftware

Enghouse Systems (TSX:ENGH) Stock Could Be 6.8% Undervalued After Earnings And Dividend Decision

Enghouse Systems earnings and dividend decision in focus Enghouse Systems (TSX:ENGH) has drawn fresh attention after reporting second quarter results and approving a quarterly dividend of $0.31 per share, combining an earnings update with a new income detail for investors. See our latest analysis for Enghouse Systems. At a share price of CA$15.61, Enghouse Systems has seen its 1 month share price return fall 7.96%, and its 1 year total shareholder return decline 27.41%, signalling fading...
TSX:GGD
TSX:GGDMetals and Mining

GoGold Resources (TSX:GGD) Stock Could Be 76.2% Undervalued After Los Ricos South Approval

GoGold Resources (TSX:GGD) has entered a new phase after receiving all required SEMARNAT permits for its Los Ricos South underground mine in Jalisco, Mexico, with the board approving construction. See our latest analysis for GoGold Resources. That construction green light has landed at a time when momentum in GoGold Resources shares is already strong, with a 90 day share price return of 48.48% and a 1 year total shareholder return of 56.62%, building on a 3 year total shareholder return of...
TSX:EDR
TSX:EDRMetals and Mining

Endeavour Silver (TSX:EDR) Stock Could Be 38% Below Fair Value After Terronera Drill Results

Endeavour Silver (TSX:EDR) is back in focus after releasing fresh drill results from its Terronera project in Jalisco, Mexico, highlighting high grade silver and gold mineralization at both Terronera and the nearby La Luz deposit. See our latest analysis for Endeavour Silver. The exploration results have arrived after a period of mixed trading for Endeavour Silver, with the share price at CA$12.49, a 7 day share price return of 20.56% but a 30 day share price return that is down 7.41%. That...
TSX:BN
TSX:BNCapital Markets

How Csquare’s NYSE IPO Highlights Brookfield’s Digital Infrastructure Strategy Will Impact Brookfield (TSX:BN) Investors

Csquare, Inc., a North American enterprise digital infrastructure platform majority-owned by Brookfield-affiliated entities, has filed for an initial public offering on the New York Stock Exchange under the ticker symbol CSQR, while Safehold Inc. previously entered a joint venture with a Brookfield affiliate on a US ground lease portfolio valued at about US$348 million. The IPO filing underscores Brookfield’s continued use of listed vehicles and partnerships to expand its reach in...
TSX:ARE
TSX:AREConstruction

New Northern Corridor Partnership Could Be A Game Changer For Aecon Group (TSX:ARE)

On 4 June 2026, Aecon Group Inc. and Arctic Gateway Group signed a Memorandum of Understanding to explore joint infrastructure development at Manitoba’s Port of Churchill and the Hudson Bay Railway, aiming to strengthen Canada’s northern trade corridor and Arctic sovereignty. The collaboration places Indigenous and northern employment, training, and business participation at the center of any port and rail upgrades, aligning Aecon’s reconciliation approach with Arctic Gateway Group’s...
TSX:SXP
TSX:SXPForestry

Supremex Leads The Charge On TSX With 2 Other Promising Penny Stocks

As the Bank of Canada maintains a steady interest rate amidst a backdrop of stable core inflation and excess economic supply, investors are navigating a complex landscape shaped by fluctuating oil prices and mixed signals from the U.S. Federal Reserve. In such conditions, identifying stocks with solid financials becomes crucial for those looking to capitalize on market opportunities. Penny stocks, although an older term, still represent smaller or newer companies with potential value; when...
CNSX:AIBZ.U
CNSX:AIBZ.URenewable Energy

Bitzero Holdings (CNSX:AIBZ.U) Stock Looks Rich After Norway Data Center Lease And Nasdaq Debut

Bitzero Holdings (CNSX:AIBZ.U) is drawing fresh attention after updating investors on construction progress at its 110 MW Norway data center campus, alongside a new 15 year lease agreement with OneQode Networks. See our latest analysis for Bitzero Holdings. Bitzero Holdings has seen sharp momentum build, with a 1 day share price return of 13.91% and a 90 day share price return of 273.91% as Nasdaq listing, board changes, and data center progress attract fresh attention. The latest share price...
TSX:T
TSX:TTelecom

Does TELUS’ Ontario–Quebec Fibre TV Push Reshape Its Long-Term Narrative (TSX:T)?

Earlier in June 2026, TELUS expanded its Optik TV and PureFibre Internet bundles into key markets in Ontario, Montreal and Quebec City, adding flexible streaming-centric TV packages, smart home add-ons and exclusive rewards tied to its fibre network. These expansions, alongside TELUS-friendly initiatives such as the Entwistle Technology Bursary and new AI customer experience partnerships, highlight how the company is tying regional growth to fibre-based connectivity, technology services and...
TSX:BIR
TSX:BIROil and Gas

Does Birchcliff Energy’s (TSX:BIR) New Dividend Signal a Durable Capital Return Strategy or Caution?

Earlier this quarter, Birchcliff Energy Ltd. reported a 6% year-over-year increase in production and declared a Q2 2026 quarterly cash dividend of C$0.03 per common share, underscoring its current operational progress and shareholder payout plans. This combination of higher output and a recurring cash return highlights how the company is currently balancing reinvestment in its assets with ongoing distributions to investors. We will now examine how Birchcliff Energy’s new quarterly dividend...
TSX:BNS
TSX:BNSBanks

Bank of Nova Scotia (TSX:BNS) Stock Could Be 25% Below Fair Value After AI Rollout

Bank of Nova Scotia (TSX:BNS) is rolling out expanded Scotia Intelligence AI tools across its operations, drawing fresh investor attention to how this large Canadian bank is applying data driven technology to its core business. See our latest analysis for Bank of Nova Scotia. Against this backdrop of wider AI adoption, Bank of Nova Scotia’s share price has climbed to CA$121.84, with a 30 day share price return of 14.77% and a 1 year total shareholder return of 72.09%, suggesting momentum has...