News and stories about business related info and developments.
Business
Calgary-based Enbridge Inc. announced a quarterly dividend of $0.9425 per common share, payable on December 1, 2025. This declaration, made on November 5, 2025, maintains consistency with the previous dividend issued on September 1, 2025. Shareholders of record by November 14, 2025, will be eligible for these payments. In
Business
Calgary is set to host a federal announcement this Saturday, November 8, 2025, highlighting significant budget investments. The event, scheduled for 10:00 a.m. MT at the National accessArts Centre (NaAC) located at 80038 Fairmont Drive SE, will underscore the city's vital role in national development initiatives.
Business
Calgary-based Ensign Energy Services Inc. reported a net loss of $3.3 million for the third quarter of 2025, a significant shift from the $5.3 million net income posted in the same period last year. The oilfield services company saw its revenue decrease by five percent to $411.2
Business
Calgary-based ACT Energy Technologies Ltd. (TSX: ACX) has reported resilient third-quarter 2025 financial results, navigating a challenging economic climate. The company maintained a 20% Adjusted EBITDAS margin, even as revenue decreased by 20% to $118.3 million, primarily due to reduced industry activity in the U.S. Net income saw
Business
Canadian Utilities Limited has reported a strong third quarter for 2025, with earnings climbing to $108 million, an increase from $102 million in the same period last year. Earnings attributed to equity owners also saw a significant boost, reaching $100 million, up $88 million from Q3 2024. CEO Bob Myles
Business
Calgary-based Decibel Cannabis Company Inc. is set to release its third-quarter 2025 financial results pre-market on November 19. The company, widely recognized for its premium cannabis offerings, will host a live conference call to discuss these results at 10:00 a.m. MST. As a leader in the Canadian cannabis
Business
Calgary-based ATCO Ltd. reported a strong third-quarter performance for 2025, with adjusted earnings climbing to $103 million, a notable $12 million increase over the previous year. While IFRS earnings saw a decrease to $85 million from $93 million, the diversified global corporation is actively expanding its reach across various sectors.
Business
Calgary-based Crown Capital Partners Inc. has reported a significantly improved financial performance for Q3 2025, narrowing its net loss to $0.3 million, a substantial improvement from the $2.7 million loss in the same period last year. The company also saw a 319% increase in adjusted EBITDA, reaching $3.
Business
Calgary-based Pason Systems Inc. reported its third-quarter 2025 financial results, navigating a challenging market with signs of strategic diversification. The company recorded $101 million in revenue, a 5% decline from the previous year, with net income falling 50% to $12.5 million, set against a 9% drop in North American
Business
Calgary-headquartered ARC Resources Ltd. posted robust financial results for Q3 2025, marked by a significant production increase and an enhanced commitment to shareholder returns. The company reported a daily production surge to 359,236 barrels of oil equivalent, a 10% increase from the previous year. Reflecting its strong performance, ARC
Business
Calgary-based AltaGas Ltd. has successfully closed a significant $460 million equity financing deal, announced November 7, 2025, a move set to bolster its financial position and credit ratings. The offering saw 11,615,000 common shares sold at $39.65 each, led by a syndicate of major financial institutions including
Business
Calgary-based Enbridge Inc. recently announced robust third-quarter financial results, coupled with the sanctioning of $3 billion in new projects, reaffirming its strong position within the North American energy market. The company reported GAAP earnings of $0.7 billion CAD, a decrease from the previous year, but achieved an adjusted EBITDA
