Enbridge reported adjusted EBITDA growth of more than $130 million year over year in the second quarter of 2026, while Mainline volumes averaged 3.1 million barrels per day and utilization remained high across its business units. Management reaffirmed its full-year outlook and said it has sanctioned close to $9 billion in new projects so far in 2026, lifting its project inventory to $50 billion. The company has a market capitalization of $153 billion and offered a dividend yield of over 5% in September 2026.

OpenText reported fiscal 2026 fourth-quarter revenue of US$1.35 billion, up 2.9% year over year. Cloud revenue rose 6% to US$503 million, while enterprise cloud bookings increased 24.1%. Adjusted EBITDA margin was 37.6% and adjusted EPS rose 26.8% to US$1.23. The stock trades around C$33, about 41% below its 52-week high.

The S&P/TSX Composite Index closed at a record 36,958 on Tuesday, extending its advance to a third straight session. Bank of Nova Scotia shares jumped 7% after the lender reported an 18% year-over-year rise in adjusted net income for the July quarter. Energy and gold stocks were also active. At Wednesday’s open, falling oil and gold prices could weigh on the index as investors watch results from National Bank of Canada and EQB, along with U.S. inflation and GDP data.

Nexus REIT units are trading at a 40% discount to net asset value and offer an 8.1% monthly distribution yield. Second-quarter net operating income rose 6.2% year over year to $34.1 million. Portfolio occupancy increased to 97%. The REIT holds 87 properties totaling 12.3 million square feet of gross leasable area, with a 6.7-year weighted average lease term and in-place rents that are 14.9% below market levels.

Canadian Natural Resources (CNQ) reported record second-quarter production of 1.7 million barrels of oil equivalent per day, up about 18% from a year earlier. Adjusted net income from operations rose to $4.6 billion, or $2.20 per share, more than doubling year over year, while adjusted funds flow jumped 110% to $6.9 billion. The company has grown its dividend at an annualized rate of about 20% over the past 26 years and currently offers a 3.5% forward dividend yield. After deploying $4.4 billion of capital in the first half, CNQ raised its full-year capital spending guidance to $7.6 billion.

A shortage of clean electricity in Canada could put up to $220 billion in potential capital investment at risk, as demand from mines, factories and data centres rises. Against that backdrop, Capital Power reported second-quarter adjusted funds from operations of $328 million and raised its quarterly dividend by 2%, extending its streak of annual increases to 13 years. The company has also secured Meta as a long-term customer, underscoring the value of contracted clean and dispatchable power when supply is tight.

BlackBerry reported quarterly results showing revenue rose 26% year over year to $152.9 million, while adjusted EBITDA jumped 144% to $36.3 million. The adjusted margin improved to 24% from 12%. The company said QNX revenue increased 26% to $72.3 million, with an adjusted gross margin of 86%. Management raised its fiscal 2027 revenue outlook to $594 million to $621 million and said it expects about $100 million in operating cash flow, with cash and investments totaling $422.9 million.

Alphabet’s revenue rose 24% year over year to US$119.8 billion, with Google Cloud revenue up 82% on demand for AI infrastructure and enterprise AI products. The stock trades near US$355, about 13% below its 52-week high of US$408.61, and is valued at roughly 18 times trailing earnings. Management expects 2026 capital expenditures of US$195 billion to US$205 billion, largely to expand AI computing capacity. In a separate head-to-head finance task test, Claude led overall on calculator creation while Gemini scored higher on math, and both earned 100% on general financial knowledge.

Canadian telecom Telus has cut its dividend by 55% after its share price slid to around C$13.25, a low not seen since 2011. The stock has fallen from C$34 in 2022, while rival BCE has also reduced its dividend by more than 50%. Even as central-bank rate cuts in 2024 and 2025 helped spark rebounds in other capital-intensive sectors, telecom shares lagged. After taking Telus Digital private last year, Telus booked a C$2.1 billion writedown in its Q2 2026 results.