Canadian Dollar Bears Retain Upper Hand on Energy, U.S. Trade Representative Comments, Says SocGen

Bird Construction Announces Pricing of Canadian Private Placement of $250 Million Aggregate Principal Amount of Senior Notes

Bird Construction (BDT.TO) has priced a Canadian private placement of 4.397% Canadian dollar denominated senior notes due June 1, 2031 in an aggregate principal amount of $250 million, said the company after markets closed on Wednesday.The company expects to use the net proceeds from the offering to repay all of its outstanding debt under its non-revolving term loan facility, approximately $204 million, and to apply the balance for general corporate purposes, which may include repayment of amounts drawn under revolving credit facilities or funding future acquisitions, it said.The offering is expected to close on June 1, 2026.

Hudbay Minerals Receives TSX Approval for Normal Course Issuer Bid

Hudbay Minerals (HBM.TO) has received approval from the Toronto Stock Exchange to renew a normal course issuer bid, the company said Thursday.Under the NCIB, Hudbay can acquire up to 19,863,997 shares or 5% of its issued and outstanding shares for cancellation starting June 1 and ending May 31, 2027, or earlier.Hudbay believes that market price of its shares may not fully reflect the company's underlying value, and repurchasing its shares may constitute a desirable use of capital and would be in the best interests of shareholders.The miner did not purchase shares under its 2025 NCIB.

National Bank Also Notes TD's Improving Canadian P&C Segment Performance Trend Continues and "Positive, Albeit Modest", Margin Expansion in Canada and U.S. P&C Banking