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Earnings Flash (SVI.TO) StorageVault Canada Q1 FFO Up 6.4% and AFFO Up 8% On a Per Basic Common Share Basis

Boyd Group Services Brief: Appoints Steve Hoeft as Chief Operations Officer for the Boyd Group's U.S. Collision Business

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StorageVault Q1 AFFO $18.3M Compared to $17M in Q1 2025, a 7.7% Increase

StorageVault Q1 Revenue Increased to $85.2M from $76.3M in Q1 2025

StorageVault Increasing Its Q2 2026 Dividend by 0.5% to $0.003021 Per Common Share

Market Chatter: Supreme Court Rules Against Enbridge in Michigan Effort to Close Line 5 Pipeline

The Supreme Court on Wednesday ruled against Enbridge's efforts to move a case seeking to shut down the Line 5 pipeline from Michigan state court, according to Oil Price Information Service, which is operated by Dow Jones & Co., but is run independently from Dow Jones Newswires and The Wall Street Journal.In a unanimous decision, the high court ruled the Canadian company had waited too long to seek the move to a federal court. While the law allows for case participants to seek a change of venue within 30 days of a case being filed, Enbridge waited 887 days, according to the decision by Justice Sonia Sotomayor."The Court of Appeals therefore correctly held that Enbridge's notice of removal was untimely and that this action must be remanded to the Michigan state court," Sotomayor wrote in the 18-page decision.OPIS said the ruling is a defeat for Enbridge, which has long argued that its operation of the 540,000 b/d pipeline is a federal, not state, matter. Enbridge says federal law and a treaty with Canada govern pipeline operations and Michigan does not have the authority to order a shutdown, it noted.(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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SunOpta Said Closing of Arrangement is Subject To Remaining Regulatory Clearance Or Approval and Satisfaction Or Waiver of Customary Closing Conditions

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SunOpta Announced Receipt of Final Court Approval and Competition Act Clearance Related to Proposed Buy By Refresco

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Waste Connections Up 2.9% After Hours as It Posts Higher Adjusted Earnings and Revenue for the First Quarter

Waste Connections (WCN.TO, WCN) was up 2.9% in after-hours Nasdaq trading Wednesday as it reported higher first-quarter adjusted earnings and revenue.The waste-management company's adjusted net income, which excludes most one-time expenses, rose to US$314.9 million, or US$1.23 per share, from US$293.1 million, or US$1.13, a year ago. FactSet projected US$1.19 per share.Revenue increased to US$2.37 billion from US$2.23 billion in the year-ago quarter. FactSet expected US$2.35 billion."We're extremely pleased by the strong start to 2026 and remain well-positioned for the full year, with upside potential from commodity-related impacts, solid waste organic growth and additional acquisitions," Chief Executive Ronald Mittelstaedt said."In spite of geopolitical instability, our results reflect consistency of execution as we continue to benefit from operating momentum from improved employee engagement, with safety performance at record levels and voluntary turnover now below 10%," he added.The company's shares were last seen up US$4.49 to US$161.00 after hours. They closed down $2.12 to $213.71 on the Toronto Stock Exchange.

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Taranis Resources Reports Early Positive Results at the Silver Cup Mining District

Taranis Resources' (TRO.V) work on an expanded holding for its Thor project in the historic Silver Cup Mining District in southeastern British Columbia is showing early successful results, it said Wednesday.The company combined historical soil samples, drill data, geophysical surveys, and past mining records to better understand what it believes might be a district-scale opportunity, boosting its holdings in the area to more than 6,000 hectares."Brought together with Taranis' extensive explorations of Thor, this long forgotten exploration work reveals a much larger mineralized system that contextualizes the Thor deposit within a broader, highly prospective geological framework," the company said.This initiative is being carried out alongside drilling to test new parts of the Thor deposit, including the Nortran, Borr, and One O'clock targets, the company said. There are dozens of high-grade, near-surface metal veins similar to those at Thor within the new tenure area Taranis has assembled to the east. These have not been drilled to NI 43-101 resource estimation standards, giving the company a strong opportunity to learn more about this historic silver and gold district, it added.Taranis shares closed up $0.005 to $0.185 on the TSX Venture Exchange.

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Waste Connections Q1 Net Income and Adjusted Net Income Per Share of US$0.86 and $1.23

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Waste Connections Q1 Revenue of US$2.371B

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Blue Moon Metals Gets Top-Up Notice From Hartree Partners

Blue Moon Metals (MOON.V, BMM) on Wednesday said, further to its investor rights agreement, strategic partner Hartree Partners issued a notice of its intention to exercise its "top-up right" to restore its stake in the company diluted by previous share financings.Subject to exchange approval, Hartree will buy 526,617 shares priced at $9.06 each, raising $4.8 million for Blue Moon.Proceeds will be used for project development at the company's brownfield polymetallic projects, as well as for general corporate purposes.Shares of the company closed up $0.30 to $10.95 on the TSX Venture Exchange.Price: $10.94, Change: $+0.29, Percent Change: +2.72%

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Astra Exploration Details C$10M Bought Deal Private Placement; Shares Up 3.5% To 52 Week Highs

Astra Exploration (ASTR.V) entered into a $10 million bought deal private placement, the company said Wednesday.The agreement is with a syndicate of investment dealers that has agreed to purchase, on a bought deal private placement basis, 12,988,000 common shares of the company at a price of C$0.77 each, it added.Underwriters have been granted an option, exercisable in whole or in part at any time prior to closing date, to purchase an additional 1,948,200 shares at the issue price for additional gross proceeds of up to near C$1.5 million, the company said.The company intends to use net proceeds from the offering for exploration and development of the La Manchuria project and for general corporate and working capital purposes, it added.The offering is expected to close on or about April 30, 2026, or on such other date as may be agreed to by the company and the underwriters, the company said. Completion of the offering is subject to customary conditions, it added.The company's shares were last seen up $0.03 at $0.87 on the TSX Venture Exchange, having touched a fresh 52 week high of $0.88.Price: $0.87, Change: $+0.03, Percent Change: +3.57%

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VVT Med Closes First Tranche In Private Placement of Units

VVT Med (VVTM.V) completed the first tranche of its previously announced non-brokered private placement offering for gross proceeds of up to $3 million, having issued 4,262,654 units at a price of $0.25 each for gross proceeds of $1.065 million, it said Wednesday.Each unit consists of one common share and one-half of one common share purchase warrant with each whole warrant exercisable into one common share at an exercise price of $0.375 per warrant share for a two-year period from the date of issuance, it added.Proceeds will be used to support expanded U.S. and global commercialization efforts, product manufacturing to accommodate anticipated demand, working capital and general corporate needs, it said, before adding closing it anticipates closing a second tranche of the offering in due course.The company's shares last traded Apr. 20, closing at $0.23 on the TSX Venture Exchange.

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Stifel Canada Says Well Health's Q1 Patient Metrics Highlights "Strong" Growth Trends

Stifel Canada says Well Health Technologies' (WELL.TO) first-quarter patient metrics for its Canadian clinic network across primary/specialty care, highlight continued strong growth trends.Analyst Justin Keywood, who is maintaining a buy rating and a $8.00 price target on the shares, said the first-quarter report showed a 33% jump in patient visits, to 1.27 million from 957,000 in the prior year period.Each Well Health practitioner is now managing an average of ~80 more patients per quarter compared with two years ago, highlighting the company's model of heavy technology implementation, including AI tools, following M&A, Keywood adds."The above-average growth, should translate to operating leverage (+200bps Primary care margin expansion y/y to 8.0% in Q1/26; highest in two years) and +20% margins for specialty care," Keywood calculates. The metrics also demonstrate the value of the 250+ Canadian clinics network and scaling opportunity with only ~2% of the market consolidated (Well holds ~1.5%.)Price: $4.29, Change: $-0.08, Percent Change: -1.83%

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Pizza Pizza Royalty Declares April Dividend

Pizza Pizza Royalty (PZA.TO) on Wednesday declared a monthly cash dividend of $0.0775 per share for April, unchanged from the prior month.The dividend will be payable to shareholders of record at the close of business April 30 and will be paid on May 15.Price: $15.90, Change: $+0.12, Percent Change: +0.76%

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Stifel Canada Sees Potential Upside For Docebo

Docebo's (DCBO.TO, DCBO) annual user conference on Tuesday highlighted another year of record attendance, reports Stifel Canada.In a note, analyst Suthan Sukumar, who is maintaining a buy rating and US$28.00 price target on the shares, says his key takeaway from Docebo's investor briefing is that the company remains on the AI/ product offensive within the corporate learning industry, with higher win rates and larger deal sizes amidst an expanding total addressable market.A better-than-expected first-quarter preliminary release and an updated fiscal 2026 guidance also leads Sukumar to see potential for operational momentum to drive upside in the quarters ahead, implying an attractive risk/reward at 7x C27E EBITDA.Price: $25.85, Change: $+0.96, Percent Change: +3.86%

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CIBC Confirms Outperformer Rating and Target of $41.00 on Element Fleet Management Ahead of Q1 Results

CIBC Capital Markets maintained its outperformer rating on the shares of Element Fleet Management (EFN.TO) and its C$41.00 price target ahead of the company's first-quarter financial results.The bank expects a "solid" Q1 result. CIBC believes beats on originations and servicing income "could restore positive share price momentum".CIBC said its Q1 earnings per share estimate of $0.34 is unchanged and in line with consensus and implies a year-over-year (y-o-y) growth of 22%. It forecast 70% y-o-y growth in syndication revenue."We maintain our Outperformer rating premised on the expectation for 15% EPS growth in 2026 and a P/E multiple that is no longer over extended," said analyst Paul Holden. "We expect increasing attention on originations as EFN missed its 2025 and 2024 origination guidance."The bank's Q1 revenue forecast of $314 million implies 14% y-o-y growth. It also modeled Q1 expense growth of 7% y-o-y, with an operating margin of 57.6%.Price: $32.47, Change: $+0.13, Percent Change: +0.40%

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