7 h. ago Almonty Industries Reports Fiscal Year 2024 Financial Results

TORONTO — Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI), a leading global producer of tungsten concentrate, today announced its fiscal year 2024 financial results. Financial Summary: Unless otherwise indicated, all figures are expressed in Canadian dollars. Fiscal Year Ended Jan. 31, CAD$ in millions […]

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17 h. ago Travel destinations where your Canadian dollars go further than in the U.S.

Travel has become increasingly more expensive, with the Canadian dollar at lows not seen since 2020, leaving some destinations heavier on the wallet than others.The United States has long been a vacation destination for Canadians, but the trade war has dampened people's interest in travelling south.According to recent data from the U.S. Customs and Border Patrol, the number of travellers from Canada entering the U.S. dropped by half a million in February 2025 compared to the same time last year."We do see a lot of people looking in different directions, not wanting to travel to the U.S. The U.S. has also lost a little bit of a brand value," Knightsbridge Foreign Exchange President Rahim Madhavji told us. The currency exchange company is based in Toronto.It might be a financially smarter move for Canadians to find other vacation destinations because the loonie won't go far in the U.S. As of Friday, US$1 equals C$1.43, according to foreign exchange tool XE.In addition to paying more d...

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35 h. ago Canacol Energy Ltd. Reports Record Adjusted EBITDAX of $296 Million for the Year Ended December 31, 2024

CALGARY, Alberta, March 20, 2025 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three months and year ended December 31, 2024. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices (“C$”) where […]

Economics

36 h. ago Hammond Power Solutions Reports Fourth Quarter 2024 Financial Results

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, March 20, 2025 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the fourth quarter 2024. HIGHLIGHTS Record sales of $208 million in […]

Culture

58 h. ago North American Construction Group Ltd. Announces Results for the Fourth Quarter and Year Ended December 31, 2024

ACHESON, Alberta, March 19, 2025 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG”) (TSX:NOA/NYSE:NOA) today announced results for the fourth quarter and year ended December 31, 2024. Unless otherwise indicated, figures are expressed in Canadian dollars with comparisons to prior periods ended December 31, 2023. Fourth Quarter 2024 Highlights: Combined revenue of $372.7 million, […]

Culture

3 d. ago Guardian Capital Announces Corrected March 2025 Cash Distribution for Guardian Ultra

TORONTO, March 18, 2025 (GLOBE NEWSWIRE) — Guardian Capital LP today announced that the distribution in respect of Guardian Ultra-Short U.S. T-Bill Fund (TSX: GUTB.U) (the “Fund”) announced in the press release issued on March 17, 2025 incorrectly reported the distribution in Canadian dollars. Units of the Fund are denominated in U.S. dollars and therefore the […]

Economics

3 d. ago Ontario destinations are becoming popular among people ditching U.S. trips

The pandemic and resulting cost of living crisis may have gotten us down, but Canadian patriotism has quickly rebounded to new heights since the Trump administration imposed steep tariffs on imports from the north (along with, you know, threatening to take us over).In an act of boycott, many from Ontario and across the country are renouncing their travel plans to the U.S. in favour of exploring more of the Great White North and supporting the Canadian economy, alongside purchasing more made-in-Canada goods.Though people have been understandably vocal about cancelling American vacations and otherwise voting with their dollar in light of everything going on, we are seeing more and more stats backing this trend up — for example, the fact that the number of border crossings from Canada to the U.S. has already plunged significantly within a matter of weeks.Airbnb is also seeing a major shift in booking habits, with more Canadia...

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4 d. ago Canadian families can expect payout of hundreds of dollars this week

If you are eligible to receive child tax payments from the Canada Revenue Agency (CRA), check your account on Thursday.The third instalment of the Canada Child Benefit (CCB) payments is due on March 20.In July 2024, with the beginning of the new benefit year, the government of Canada increased child tax payments by 4.7 per cent. Under this, the maximum benefit for children under six grew from $7,437 to $7,787, and for kids aged six to 17, it increased from $6,275 to $6,570.Another boost to these deposits will come when the next benefit year begins in July 2025, but it won’t be as substantial as the last. The CRA says parents can anticipate a 2.7 per cent bump.On July 1, the annual base benefit for kids under six will increase from $7,787 to $7,997 ($666 monthly) and from $6,570 to $6,748 ($562 monthly) for kids aged six to 17 until June 2026.Starting at the same time, the annual child disability benefit (CDB) increases from $3,322 to $3,411. These amounts are tax-free.Provinci...

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9 d. ago Swiss Water Reports Year End and Fourth Quarter 2024 Results

VANCOUVER, British Columbia, March 12, 2025 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX:SWP) (“Swiss Water” or “the Company”), a leading specialty coffee company and premium chemical free coffee decaffeinator, today reported financial results for the three months and fiscal year ended December 31, 2024. All amounts are expressed in Canadian dollars unless otherwise […]

Culture

9 d. ago Canadian dollar looks through Bank of Canada rate cut and tariff mayhem — for now

There are voices in the investor community who think tariffs will win out over inflation, making more rate cuts likely

Economics

9 d. ago Calian Plans to Step Up its Share Repurchases with Block Trades

(All amounts in release are in Canadian dollars) OTTAWA, Ontario, March 12, 2025 (GLOBE NEWSWIRE) — Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, today announced it plans to step up its share repurchases by utilizing block trades in accordance with its Normal Course Issuer […]

Economics

1 week ago FLINT Announces Fourth Quarter and 2024 Annual Financial Results

Reports record full year revenues of $710.6 million and Adjusted EBITDAS of $35.5 million CALGARY, Alberta, March 11, 2025 (GLOBE NEWSWIRE) — FLINT Corp. (“FLINT” or the “Company”) (TSX: FLNT) today announced its results for the three and twelve months ended December 31, 2024. All amounts are in Canadian dollars and expressed in millions of […]

Culture

1 week ago Canadian Dollar Slumps as Trump Threatens to Double Steel Levies

The Canadian dollar slid to a weekly low and local bonds rallied after US President Donald Trump said he would raise steel and aluminum tariffs on Canada to 50%, doubling a planned levy set to take effect just after midnight.

Other

2 w. ago Canadian leisure travel to U.S. down 40% in February, Flight Centre says

A combination of anger over U.S. President Donald Trump's tariff and annexation threats and a weak Canadian dollar have Canadian tourists avoiding the U.S.

Economics

2 w. ago CRA hits taxpayer with hefty ‘foreign property’ penalty over Swiss bank account

Jamie Golombek: Man funded it with the equivalent of $431,000 in Canadian dollars that he had earned in Libya

Economics

2 w. ago Trade war between Canada, U.S. could cause ‘pain’ for NHL: Gary Bettman

Gary Bettman said the seven Canadian clubs account for 25 per cent of the NHL's revenue but a drop in the Canadian dollar could cause pain as all teams pay players in U.S. dollars.

Economics

2 w. ago Bettman says trade war between Canada, U.S. could cause ‘pain’ for NHL

NHL commissioner Gary Bettman says any negative effects on the Canadian dollar caused by the Trump administration’s tariffs could be “painful” for the league. Speaking Wednesday on CNBC’s “Squawk Box,” Bettman said the NHL’s seven Canadian clubs perform well and account for 25 per cent of the league’s revenue. But he said a drop in […]

Economics

2 w. ago Weak dollar, anger toward U.S. expected to give big boost to Quebec tourism industry

MONTREAL — The weak Canadian dollar and the trade war with the United States is expected to boost Quebec’s tourism economy this year. A major tourism association says it calculated that Quebecers who choose to vacation in the province instead of the United States will spend $1.5 billion in 2025. Sebastien Benedict, with Alliance de […]

Other

2 w. ago How Canadians can save on exchange rates as loonie hovers near 22

The Canadian dollar has been trading around 70 cents U.S. since late November

Other

2 w. ago DMG Blockchain Solutions Reports First Quarter 2025 Results and February Operations Update

VANCOUVER, British Columbia, March 03, 2025 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, today announces its fiscal first quarter 2025 financial results. All financial references are in Canadian Dollars unless specified otherwise. Readers are encouraged to […]

Culture