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🇨🇦 Canada: market & economy news today

The latest market, economy, central-bank, policy and company stories from Canada, updated every 15 minutes. Last updated 19 October 2026.

Canada investor snapshot

GDP growth (2025)1.7%Moderate growth.
Inflation (2025)2.1%Close to the ~2% most central banks aim for.
Unemployment (2025)6.9%Moderate.
GDP per person (2025)$55,698Average output per person: a rough measure of how wealthy a country is.
Current account (2025)-0.9% of GDPDeficit: spends more abroad than it earns, so it relies on foreign money.
Exports (2025)31.3% of GDPAn open, trading economy.

Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.

Latest stories

Companies

Boomi Acquires Elementary Data to Bring Trusted, Governed Data to the AI Era

Acquisition adds widely adopted data observability and reliability capabilities to the Boomi Enterprise Platform, giving enterprises the data quality and governance required to operationalize AI CONSHOHOCKEN, Pa.

Source: Financial Post
Policy & Geopolitics

‘This is not poker’: Alberta goes to polls in referendum that has exposed divisions, not least among separatists

Voters to be asked whether province should remain part of Canada or hold second binding independence vote Albertans are going to the polls to decide their place in Canada, in a referendum that has exposed deep divisions within the province, not least in the separatist movement itself.

Source: The Guardian
Policy & Geopolitics

Canada’s Fairfax revives India’s bank privatisation drive with US$5.6 billion IDBI deal

This will be the largest foreign direct investment in South Asian country’s financial sector, if completed

Source: The Business Times
Companies

The Plastic Surgery Foundation appoints Sara R. Dickie, MD, as President

Houston, Oct. 18, 2026 (GLOBE NEWSWIRE) — Sara R. Dickie, MD, has been named President of The Plastic Surgery Foundation (The PSF), an organization that supports the research, education and international activities for the American Society of Plastic Surgeons (ASPS). Dr.

Source: Financial Post
Economy

Bank of Canada sees sharply higher inflation outlook as oil surges, Macklem says

Source: Investing.com
Policy & Geopolitics

The Alberta referendum in focus: FP Video explores

Plus, why Canada's crude selling at a discount when other oil prices remain high

Source: Financial Post
Markets

Risk of an AI crunch for stock markets is rising

The tremor seen this week could be a foretaste of things to come

Source: Financial Post
Companies

Brian Kesseler Named CEO of TekniPlex

Veteran industrial leader and former Tenneco CEO to lead global materials science company. Wayne, PA, Oct. 16, 2026 (GLOBE NEWSWIRE) — TekniPlex, a global leader in materials science serving customers in the healthcare and consumer products markets, announced that its Board of Directors has appointed Brian Kesseler as…

Source: Financial Post
Companies

Northland Power Announces Its Third Quarter 2026 Financial Results Release Date and Provides Earnings Call and Webcast Details

TORONTO, Oct. 16, 2026 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2026 third quarter operating and financial results after markets close on Thursday, November 12, 2026. Northland’s management will hold an earnings conference call and webcast at 9:00 a.m.

Source: Financial Post
Markets

PIMCO Canada Corp. Announces Monthly Distributions for PIMCO Canada Exchange Traded Series

Not for distribution to United States newswire services or for dissemination in the United States TORONTO — PIMCO Canada Corp. (“PIMCO Canada”) today announced the 2026 October cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly (“Funds”).

Source: Financial Post
Companies

Ontario Energy Board Announces Changes to Electricity Prices for Households, Small Businesses and Farms

TORONTO, Oct. 16, 2026 (GLOBE NEWSWIRE) — The Ontario Energy Board (OEB) announced today that electricity prices under the Regulated Price Plan (RPP) for households, small business and farms will change as of November 1, 2026.

Source: Financial Post
Markets

Canada stocks higher at close of trade; S&P/TSX Composite up 0.11%

Source: Investing.com
Central banks

Investors prepare for data dump that will determine Canada’s rate path

The latest inflation data will be especially crucial to the central bank’s next interest rate decision

Source: Financial Post
Markets

Picton Mahoney Asset Management Announces Monthly Distribution for PICTON Long Short Income Alternative Fund Exchange Traded Fund Units, PICTON Credit Opportunities Alternative Fund Exchange Traded Fund Units, PICTON Core Bond Fund Exchange Traded Fund Units, PICTON Multi-Strategy Alpha Alternative Fund Exchange Traded Fund Units and PICTON Investment Grade Alternative Fund Exchange Traded Fund Units

TORONTO, Oct. 16, 2026 (GLOBE NEWSWIRE) — (TSX: PFIA, PFCO, PFCB, PFAA, PFIG) Picton Mahoney Asset Management (“PICTON Investments”) announced today that it has declared the October 2026 monthly cash distribution of $0.0587 per unit for the ETF units (“ETF Units”) of the PICTON Long Short Income Alternative Fund.

Source: Financial Post
Economy

Fixed rates inch upwards amid rising inflation concerns

Robert McLister: When it comes to mortgage terms, Canadians are still snapping up variable-rates

Source: Financial Post
Companies

Fairfax’s deal for IDBI marks includes no major investment banks

The US$5.6 billion sale to Canadian billionaire Prem Watsa’s firm was approved Wednesday

Source: Financial Post
Companies

Alectra Inc. appoints Nadira Singh as Executive Vice President, Chief Financial Officer

MISSISSAUGA, Ontario, Oct. 16, 2026 (GLOBE NEWSWIRE) — Brian Bentz, President and CEO of Alectra Inc., announced today that Nadira Singh has been appointed Executive Vice President, Chief Financial Officer Alectra Inc., effective November 2, 2026.

Source: Financial Post
Economy

Canada to boost immigration points for high-wage earners in bid to drive economic growth

Changes to Express Entry program aim to attract and retain skilled newcomers, says Ottawa

Source: Financial Post
Policy & Geopolitics

Docebo to Host Third Quarter Fiscal 2026 Conference Call

TORONTO — Docebo Inc. (Nasdaq:DCBO; TSX:DCBO) (“Docebo” or the “Company“), the Enterprise Platform for the AI-era workforce, unifying skills intelligence, learning, and knowledge in one closed loop, announced today that it will hold a conference call to discuss its third quarter fiscal year 2026 results on Friday…

Source: Financial Post
Companies

Primaris REIT Announces Closing of Upper Canada Mall; $41.8 Million Disposition

TORONTO — Primaris Real Estate Investment Trust (“Primaris” or the “REIT”) (TSX: PMZ.UN) announced the closing of the acquisition of Upper Canada Mall in Newmarket, Ontario, which was previously announced on September 30, 2026 (the “Acquisition”), and that it has agreed to sell its 50% managing interest in Cataraqui…

Source: Financial Post
Companies

Exiro Nickel Completes Acquisition of Thompson Operations, Launches New Chapter for Northern Manitoba Mining

Manitoba-focused company, backed by the Canada Growth Fund, Orion Resource Partners, and Vale Base Metals, makes a long-term commitment to Thompson as it takes ownership of one of Canada’s most significant nickel operations. THOMPSON, Manitoba, Oct. 16, 2026 (GLOBE NEWSWIRE) — Exiro Nickel Company Inc.

Source: Financial Post
Companies

Precious Metals & Critical Minerals Virtual Investor Conference Presentations Now Available for On-Demand Viewing

Individual and institutional investors are invited to watch presentations from the October 13th –15th conference NEW YORK, Oct. 16, 2026 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series, today announced that presentations from the Precious Metals & Critical Minerals…

Source: Financial Post
Markets

TruGolf Holdings Inc. (NASDAQ: TRUG) Acquisition Positions Company in Market for Regulated Tokenization, Digital Securities Infrastructure

NEW YORK, Oct. 16, 2026 (GLOBE NEWSWIRE) — via AINewsWire — TruGolf Holdings Inc. (NASDAQ: TRUG) today announces its placement in an editorial published by AINewsWire (“AINW”), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on…

Source: Financial Post
Markets

CoreWeave stock wipeout exposes divide between AI fear and greed

The cloud-computing services provider’s shares plunged 20% in the first three sessions of the week

Source: Financial Post
Policy & Geopolitics

Aduro Clean Technologies Reports First Quarter Fiscal Year 2027 Results and Provides Business Update

LONDON, Ontario, Oct. 16, 2026 (GLOBE NEWSWIRE) — Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (TSX: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the…

Source: Financial Post
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