Canadian Transportation Stock News

Pembina Pipeline Corporation has proceeded with its Heartland Extraction Plant and, in separate announcements, expanded long-term ethane supply arrangements with Dow and signed an MOU with Hanwha Power to assess low-carbon, waste-heat power generation at its compressor stations. Taken together, these agreements deepen Pembina’s role in supplying 57,500 barrels per day of ethane to Dow from 2029–2030 while also exploring efficiency and emissions-reduction technologies across its midstream...

In recent weeks, global markets have experienced a surge in optimism driven by hopes for a U.S.-Iran peace agreement, which has buoyed major U.S. stock indexes to record highs and fueled strong performances in AI-linked stocks. Amid this positive sentiment, investors are increasingly focused on high-growth tech stocks like Simplex Holdings and others that demonstrate resilience and potential for innovation in the evolving technological landscape.

PrairieSky Royalty Ltd. recently announced that the Toronto Stock Exchange has accepted its notice for a renewed normal course issuer bid, allowing the company to repurchase and cancel up to 17,554,375 common shares over the one-year period starting June 4, 2026. By choosing to retire any shares it buys back, PrairieSky is signalling that reducing its share count is an important lever in how it aims to enhance value for remaining shareholders. We will now examine how PrairieSky’s renewed...

Cenovus Energy’s recent recognition and sector backdrop Kopernik Global All-Cap Equity Fund’s Q1 2026 investor letter highlighted Cenovus Energy (TSX:CVE) as a key contributor, pointing to a 60.7% total return that was supported by higher energy prices linked to Middle East conflict. See our latest analysis for Cenovus Energy. Even after a softer 7 day share price return of 1.89% and a 30 day share price return decline of 1.98%, Cenovus Energy’s recent 90 day share price return of 27.63%,...

South Bow Corp. recently announced that its Prairie Connector open season closed successfully, securing 20-year binding commitments for firm transportation service from Hardisty, Alberta, to U.S. delivery points on a proposed 380-kilometre pipeline that would connect to Bridger Pipeline LLC facilities. This outcome marks a key milestone toward a potential mid-2027 final investment decision, highlighting shipper appetite for additional Western Canadian crude oil takeaway capacity and...

West Red Lake Gold Mines Ltd. has reported its Q1 2026 results, with sales rising to C$41.86 million from C$2.11 million a year earlier and its net loss narrowing to C$4.74 million from C$10.67 million. Despite this improvement in revenue and reduced loss per share, analysts have recently cut their earnings forecasts for the year, suggesting ongoing business pressures. With analysts cutting earnings forecasts despite stronger quarterly revenue, we’ll now examine how this tension shapes West...

Boardwalk Real Estate Investment Trust (TSX:BEI.UN) has come back into focus after a recent share pullback, with the stock down over the past month and past 3 months, prompting investors to reassess its current valuation. See our latest analysis for Boardwalk Real Estate Investment Trust. At the current share price of CA$63.88, the stock has drifted lower recently, with the 30 day share price return down 5.18% and the year to date share price return down 1.89%. However, the 5 year total...

Wondering if Bank of Nova Scotia at C$108.93 is still priced for opportunity or already reflecting the story in full? This article breaks down what that share price might really be implying about value. The stock is up 6.4% year to date, with a 56.1% return over the last year and a 97.0% return over three years, while the past week saw the share price decline 1.8% and the last month show a 2.7% gain. Recent market attention on Bank of Nova Scotia has focused on its position within the...

Canadian National Railway’s recent first-quarter 2026 results saw earnings in line with expectations and revenue ahead of forecasts, alongside a plan to invest about C$2.80 billion in its capital program. At the same time, CN’s role in the Alberta Corridor Export Rail Terminal Project underscores how its network is being tied more closely to future Canadian energy export capacity and supply chain resilience. We’ll now examine how CN’s earnings beat on revenue and renewed capital spending...

NFI Group’s subsidiary Alexander Dennis recently announced a collaboration with Volvo Buses to build 60 tri-axle, low-emission double-decker buses for Scottish operator Lothian Buses, using Volvo’s B8L chassis paired with Enviro400XLB bodies. This contract underlines NFI Group’s role in supplying lower-emission vehicles for fleet renewal and supports Lothian Buses’ progress toward its net-zero decarbonization plans. We’ll now examine how this lower-emission double-decker order from Lothian...

Why the LNG export shift matters for Gibson Energy Canada’s support for a Nisga’a Nation backed LNG export project from British Columbia puts fresh attention on infrastructure players like Gibson Energy (TSX:GEI), particularly in relation to future terminal and pipeline capacity needs. See our latest analysis for Gibson Energy. At a CA$29.0 share price, Gibson Energy has gained 13.28% on a year to date share price basis, while its 1 year total shareholder return of 34.15% and 5 year total...

OR Royalties (TSX:OR) has drawn investor attention after its rebranding from Osisko Gold Royalties Ltd in May 2025, prompting a fresh look at its royalty focused model and recent share performance. See our latest analysis for OR Royalties. At a share price of CA$49.73, OR Royalties has seen short term share price pressure, with the stock down over the past quarter, while longer term total shareholder returns above 100% over three and five years suggest earlier investors have already seen...

If you are wondering whether Pan American Silver at about US$76.87 is still offering value after a strong run, the answer starts with understanding what the current price actually reflects. The stock has seen mixed short term moves, with the price down about 0.6% over the last week but up 9.2% over the last month, 9.7% year to date and 117.4% over the past year. The three and five year returns are very large at roughly 290.9% and 119.6% respectively. These moves have kept Pan American Silver...

Recent performance snapshot and business mix Without a specific news catalyst, Brookfield Asset Management (TSX:BAM) is drawing attention for its recent trading pattern and diversified fee base. Together, these factors shape how investors might think about the stock today. The stock is roughly flat over the past week, slightly down year to date, and has declined about 10% over the past year, while showing a gain over the past three months. Brookfield Asset Management is a private equity firm...

In May 2026, Draganfly Inc. and F4 Defense International were selected by the DEVCOM Army Research Laboratory for an initial development contract to build a modular, multi-layered counter‑unmanned aircraft system, while Draganfly also introduced its Blitz EO/IR payload platform as exclusive integrator and distributor for Blitz Technologies across the Americas. Together, these moves broaden Draganfly’s role in defense by pairing tethered counter‑drone platforms with in‑house optical payload...

HIVE Digital Technologies (TSX:HIVE) is back in the spotlight after appearing in the latest 13F filing of Situational Awareness LP, with attention centering on its Buzz HPC division and expanding AI infrastructure plans. See our latest analysis for HIVE Digital Technologies. At a recent share price of CA$6.22, HIVE has seen strong momentum, with a 30 day share price return of 89.63% and a year to date share price return of 66.31%. The 1 year total shareholder return of 155.44% contrasts with...

Kootenay Silver Inc. reported first-quarter 2026 results showing a net loss of C$2.11 million, compared with C$1.09 million in the same period a year earlier, while basic loss per share from continuing operations remained at C$0.02. The widening net loss alongside an unchanged per-share loss highlights how increased expenses or lower income are being absorbed across a relatively stable share base. Next, we’ll examine how the larger quarterly net loss shapes Kootenay Silver’s investment...

Recent performance snapshot Dream Industrial Real Estate Investment Trust (TSX:DIR.UN) has attracted attention after a solid past year, with a total return of 32.24% and a year-to-date gain of 11.09% on the TSX. Over shorter periods, the stock is up about 2.19% over the past month and 8.68% over the past 3 months, while slipping slightly by 0.71% in the past day and 0.64% over the past week. See our latest analysis for Dream Industrial Real Estate Investment Trust. For investors, the key...

NexGen Energy Ltd. has appointed veteran finance executive Ryan Podrasky as Chief Financial Officer, effective May 25, 2026, succeeding Ben Salter, who will remain as an advisor to support the transition. Podrasky’s track record overseeing multi-billion-dollar mining and energy operations, including a complex large-scale corporate carve-out, adds heavyweight transaction and governance expertise to NexGen’s leadership bench. We’ll now examine how the appointment of an experienced CFO with...

As Canadian markets grapple with a technical recession following marginal growth declines in the first quarter, investors are keenly assessing how geopolitical developments and economic fundamentals will shape future opportunities. In this context, penny stocks—often linked to smaller or newer companies—remain a compelling area for those seeking affordability combined with growth potential. Despite being considered somewhat outdated, these stocks can still offer significant returns when...

Why IGM Financial’s new debentures matter for shareholders IGM Financial (TSX:IGM) has drawn fresh attention after pricing $400 million in new debentures, a refinancing move that reshapes its long term debt profile as it also commits capital to an AI focused fund. See our latest analysis for IGM Financial. Against this backdrop of new debentures and AI fund commitments, IGM Financial’s CA$78.56 share price sits on the back of a 90 day share price return of 17.13% and a 1 year total...

In late May 2026, Saab AB announced a teaming agreement with CAE Inc. to support Canada’s Airborne Early Warning and Control program based on the GlobalEye platform, positioning CAE as the preferred provider of integrated flight, mission, and rear crew training solutions and broader simulation support. This collaboration aligns closely with Canada’s updated Defence Industrial Strategy, highlighting CAE’s role in advancing sovereign defense capabilities, high‑value aerospace jobs, and...

Ero Copper (TSX:ERO) recently reported first quarter 2026 copper production of 17,287 tons in concentrate, supported by its Caraíba and Tucumã operations in Brazil, alongside ongoing mine and tailings infrastructure projects. See our latest analysis for Ero Copper. At a CA$42.01 share price, Ero Copper has seen strong recent momentum, with a 1 month share price return of 22.66% and a year to date share price return of 5.31%. Its 1 year total shareholder return of 111.21% and 3 year total...

As Canadian markets grapple with a technical recession following marginal declines in growth, investors are keenly observing the underlying fundamentals amidst geopolitical uncertainties and inflation pressures. In this environment, identifying undervalued stocks can offer opportunities for those focused on intrinsic value, as these stocks may provide potential for long-term appreciation despite current market challenges.