Batis Exchange
U.S. investment bank J.P. Morgan sees MDA Space (MDA) shares gaining 25 per cent by year-end. The Canadian satellite and robotics firm debuted on the New York Stock Exchange last month, raising its profile with international investors.
Canada posted a merchandise trade deficit of $5.7 billion, its largest deficit since August last year as imports hit a record high, boosted by shipments of gold.
‘We now have no Buy ratings among the five Canadian telco/cable names,’ the analyst notes, a first in over 30 years of coverage.
Deloitte Canada has shaved 20 per cent off its growth forecast for Canada’s economy in 2026, citing an increasingly tough environment for consumers and businesses.
