Apotex reported a $38.3 million net loss in its first quarter, compared with a $362.7 million profit a year earlier. Revenue fell 25.6% to $848 million from $1.14 billion. Diluted loss per share was 19 cents versus diluted earnings per share of $1.88 in the prior-year quarter. The company completed an upsized IPO on June 16 at $24 per share, raising nearly $1.5 billion that CEO Jeff Watson said will be used to reduce debt and add balance-sheet flexibility.

Hydro One reported second-quarter net income attributable to common shareholders of $370 million, or 62 cents per diluted share, for the quarter ended June 30, up from $327 million, or 54 cents, a year earlier. Revenue rose to $2.30 billion from $2.07 billion in the second quarter of 2025. The utility said the increase in diluted earnings per share was largely driven by higher revenue from Ontario Energy Board-approved rates and stronger peak demand. In June, Megan Telford became chief executive after former CEO David Lebeter retired.

Cargojet reported second-quarter revenue of $275.8 million after markets closed on Monday, up 15.8 per cent year over year and above expectations. Net earnings were $7 million, compared with a net loss of $3.2 million a year earlier. Adjusted EBITDA rose to $87.3 million, also topping forecasts. AGT Food reported revenue of $634.2 million, up from $623.6 million a year ago.

Canada’s real GDP rose 0.3% in May, outpacing economists’ expectations, and an advance estimate showed a further 0.2% increase in June, Statistics Canada said. The figures put second-quarter annualized growth on track to top 3%, above the Bank of Canada’s 2.5% projection. Brent crude averaged above US$100 a barrel in May, while Western Canada Select averaged US$83 a barrel. The combination of firm economic momentum and high oil prices has strengthened Canada’s energy-export performance and helped support Brent prices.

TMX Group, the parent of the Toronto Stock Exchange, said it will invest US$800million in cash in U.S. exchange operator and market-technology provider MEMX and take a 59% controlling stake. TMX will also combine BOX, the U.S. equity options market it controls, with MEMX to form a US$2.3billion entity. The move extends TMX’s acquisition push since 2023, including the purchases of VettaFi and RAFI Indices. It comes alongside TMX’s efforts to buy Cboe’s Canadian and Australian assets.

Canadian telecom Telus said it will cut its quarterly dividend by 55% to 18.75 cents per share from 41.84 cents per share and lowered its full-year guidance. The company expects the move to save about $2.7 billion in cash through 2028, with all of it directed to reducing long-term debt. The decision, led by new CEO Victor Dodig, prioritizes strengthening the balance sheet amid financial pressure. The change affects Telus common shares listed on the Toronto Stock Exchange under ticker T.

Canada’s Toromont reported adjusted Q2 earnings per share of $2.20, well above Goldman Sachs’ forecast and the $1.85 market consensus. EBIT beat consensus by 21%, driven one-third by higher sales and two-thirds by stronger margins. The stock slipped 1.2% on the day, but analysts highlighted the quality of the quarter and, using a 35% dividend payout ratio and a 12% annual earnings growth assumption, estimated EPS could reach $11 by 2032.

Bombardier said its long-term debt fell to US$4.05 billion at the end of June 2026, the lowest level in 15 years, after cutting US$1.1 billion in the first half of the year. The Canadian aircraft maker posted net profit of US$191 million on revenue of US$2.15 billion in its latest quarter. The company’s market capitalization now tops $36 billion. The improvement reflects Bombardier’s strategy shift toward selling and servicing business jets.

Meta said second-quarter free cash flow fell 91% year on year to $784 million, as heavy investment in AI infrastructure weighed on results. The company lifted its 2026 capital expenditure outlook to $130 billion–$145 billion. It also recorded $2.4 billion in charges tied to legal proceedings during the quarter.