Canada Court Allows Investors to Sue Lundin Mining for Late Disclosure

Canadian space-technology company MDA Space Ltd. is preparing to raise approximately C$250 million ($179 million) through its inaugural high-yield bond sale later this week, as reported by Bloomberg. This move indicates the company's strategy to tap into the high-yield bond market for funding.

Canada is set to change its federal income tax brackets in 2026, which may result in lower income tax payments for some taxpayers due to a reduction in the lowest income bracket. This adjustment aims to alleviate the tax burden on lower-income individuals and families.

Vale SA and Glencore Plc are exploring a joint copper project in Canada, aiming to capitalize on the anticipated surge in copper demand as global electrification accelerates. This collaboration reflects both companies' strategic interests in enhancing their market presence in the copper sector.

Fairstone Bank of Canada has entered into an agreement to acquire Laurentian Bank of Canada for approximately 1.9 billion Canadian dollars, equivalent to about $1.36 billion. This acquisition marks a significant move in the Canadian banking sector, indicating Fairstone Bank's strategy to expand its market presence.