The federal government will provide the city of Toronto with $104.34 million to help host six matches at the 2026 FIFA World Cup.

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Magna International Inc. says its first-quarter profit fell compared with a year ago as it recorded US$316 million in asset impairments and restructuring costs related to troubled electric vehicle company Fisker.

Here are five things you need to know this morning.

TMX Group Inc. says it earned $139.5 million in its first quarter, up from $89 million a year earlier.

Wall Street took a slowdown in the U.S. jobs market as an indication that the U.S. Federal Reserve will be able to start cutting rates as early as September, with traders sending stocks up sharply as bond yields tumbled.

Oil headed for its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East and weakening fuel markets.

Frustration over BCE Inc.'s 4,800 job cuts earlier this year spilled over at the company's annual general meeting on Thursday, as investors and employees questioned executives on their compensation during a period of belt-tightening for staff.

Aritzia Inc.'s net income fell by 58 per cent in its latest fiscal year, which the retailer's chief executive said was spent laying the groundwork for the business's rebound.

Apple Inc. shares jumped the most in almost a year-and-a-half after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing.

Canadian interest rates don't have to match U.S. or global rates, Bank of Canada governor Tiff Macklem says, but they need to stay within a certain ballpark.

Canada recorded a goods trade deficit of $2.28 billion in March, the widest since June 2023 and missing expectations in a Bloomberg survey for a $1.21 billion surplus.