Canada

Jamieson Wellness Inc (TSX: JWEL) (OTC: JWLLF) price target has been raised to C$46 from C$39 by RBC Capital analyst Sabahat Khan. The analyst maintained the Outperform rating on the shares. Jamieson Wellness signed a definitive agreement to acquire Nutrawise Health and Beauty Corp,...

WSP Global Inc (TSX: WSP) (OTC: WSPOF) price target has been raised to C$199 from C$197 by RBC Capital analyst Sabahat Khan. The analyst maintained the Outperform rating on the shares. The analyst reiterated a positive view on WSP following the announcement of WSP acquiring the...

Calfrac Well Services Ltd (TSX: CFW) (OTC: CFWFF) has appointed Pat Powell as its Chief Executive Officer, effective today. Powell was elected as a director of Calfrac on May 3, 2022. Powell takes over from George Armoyan, who served as Interim Chief Executive Officer since December 17,...

Edge Total Intelligence Inc. (TSXV: CTRL) independent directors approved a credit letter agreement with Lotus Domaine III, L.P., an investment fund managed by a director of the company, for the advancement of a non-revolving term loan of up to $1 million, effective June 1, 2022. The...

Wildpack Beverage Inc. (TSXV: CANS) (OTC: WLDPF) Chief Operating Officer Chuck Zadlo has resigned from the company effective June 2, 2022. Wildpack will not seek to fill the position; instead, reporting will be streamlined directly from key operational personnel to the CEO. The company...

BRP Inc (NASDAQ: DOOO) (TSX: DOO) reported first-quarter FY23 sales flat Y/Y at C$1.81 billion. The company said it experienced continuing supply chain-related disruptions and inefficiencies in an increasingly inflationary environment. The gross profit for the quarter fell 16.2% Y/Y...

Khiron Life Sciences Corp. (TSXV: KHRN) (OTC: KHRNF) has priced and sized its overnight marketed public offering. The company intends to issue 26.70 million units at C$0.15 per unit for gross proceeds of C$4.01 million. Each unit will consist of one common share and one common share...

TransAlta Renewables Inc (TSX: RNW) (OTC: TRSWF) indirect subsidiary Kent Hills Wind LP (KHLP), amended and extended its current power purchase agreements (PPAs) with New Brunswick Power Corp (NB Power) regarding Kent Hills facilities, representing total generating capacity of 167 MW...

Intermap Technologies Corp (TSX: IMP) (OTC: ITMSF) has secured a Multiple Award Schedule Contract from the General Services Administration (GSA). What Happened: The GSA Multiple Award Schedule, also referred to as the Federal Supply Schedule, is a long-term, U.S. government-wide...

Ritchie Bros. Auctioneers Inc (NYSE: RBA) (TSX: RBA) has appointed Eric Jacobs as its Chief Financial Officer, effective June 6, 2022. The current Chief Financial Officer, Sharon Driscoll, will remain with RBA in an advisory capacity to assist with the transition. Most recently,...

Vulcan Minerals Inc. (TSXV: VUL) (OTC: VULMF) has purchased a 100% interest in twenty mineral claims from a prospector at Red Cross Lake in central Newfoundland. These claims are adjacent to Vulcan's existing Red Cross Lake property. The claims are being purchased for C$10,000 in...

IBI Group Inc (TSX: IBG) (OTC: IBIBF) has acquired mobility solutions provider HotSpot. Financial terms were not disclosed. HotSpot specializes in creating products for parking, transit, taxi, and merchant payments. HotSpot began addressing parking issues through technology and has since...

BMO Capital analyst Tom MacKinnon lowered the price target for Sun Life Financial Inc (TSX: SLF) (NYSE: SLF) to C$72 from C$75, with an Outperform rating on the shares. While IFRS17 impact to underlying EPS, at 5%, was perhaps larger than expected, with 2023E underlying EPS estimates...

Laurentian Bank of Canada (TSX: LB) (OTC: LRCDF) reported a second-quarter net income increase of 12% year-over-year to C$59.5 million and an adjusted net income of C$61.6 million (+9% Y/Y). Total revenue was C$259.6 million (+4% Y/Y). Net interest income increased 5% Y/Y to C$180.1...

iFabric Corp. (TSX: IFA)(OTC: IFABF) subsidiary Intelligent Fabric Technologies (North America) Inc. (IFTNA) executed a license agreement with Roots Corporation (TSX: ROOT). The financial terms were not disclosed. The agreement grants IFTNA the right to use the Roots...