Here are five things you need to know this morning
U.S. Congress passes resolution to end Canada tariffs: The United States Congress has passed legislation to end President Donald Trump’s tariffs on Canadian imports. The vote marks a shift for the Republican‑led house as concerns around the midterms loom. The U.S president is likely to veto this bill, making it unlikely to become law.
Dodig named Telus CEO: Telus says longtime CEO Darren Entwistle will retire in June, with former CIBC CEO Victor Dodig set to take over. The leadership change comes as the company reported fourth quarter revenue and profit that came in slightly below estimates. Looking ahead to 2026, Telus says it expects adjusted profit to grow between two per cent and four per cent and consolidated free cash flow to rise 10%, while capital expenditures are expected to decline by 10 per cent.
Bombardier tops expectations: Profit in the fourth quarter came in above expectations at Bombardier. The aircraft manufacturer is coming off a recent US$1 billion deal with Vista to sell more than 40 aircraft over the next decade. Looking ahead, the company forecasts more than US$10 billion in revenue while delivering over 157 planes. Despite currently not facing any U.S. tariffs, the upcoming CUSMA negotiations could have a significant impact on the company. U.S. President Trump has threatened to slap a 50 per cent tariff on Bombardier’s jets.
Tim Hortons drives Restaurant Brands results: Restaurant Brands is out with its fourth quarter results, and the fast-food operator posted revenue and profit that came in above expectations. The results were driven by higher sales across its segments including Tim Hortons and Burger King. International sales also climbed 16 per cent compared to the year before. Restaurant Brands also raised its dividend.
McDonald’s beats the street: McDonald’s posted fourth‑quarter revenue and profit that beat estimates. The fast‑food giant says promotional items like the Grinch Meal and Monopoly helped attract new customers. For 2026, the company plans to open more than 2,500 new locations while continuing to expand its extra‑value meal offerings.
