Canada’s federal income tax brackets are changing in 2026

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.

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.