Canadian Stocks Likely To Open On Mixed Note

RTTNews·13 Aug 2026·

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Summary · why it matters

Canadian stocks are seen turning in a mixed performance on Thursday with investors mostly reacting to earnings announcements. Stantec Inc. has reaffirmed its annual guidance to reflect strong demand and favorable market conditions, still expecting adjusted income per share growth of 15% to 18% and net revenue growth of 8.5% to 11.5% for fiscal 2026. CCL Industries posted net income of C$223.8 million, or C$1.31 per class B share, in the quarter ended June 30, 2026, compared with C$213.1 million, or C$1.21 per class B share, a year earlier. Brookfield Corporation reported second-quarter net income of $364 million, or $0.14 per share, up from $272 million, or $0.10 per share, a year ago. Onex Corporation reported net earnings of $131 million for the three months ended June 30, 2026, down from $229 million a year earlier, with net earnings per diluted share of $1.71 compared with $3.30. Weak commodity prices may trigger some selling in energy and materials sectors, and a lack of progress in Middle East peace efforts could weigh as well.

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