Uranium sector offers compelling investment case: Brooke Thackray

Published: October 15, 2026 at 9:12a.m. EDTQ3 earnings season unofficially kicked off this week with the release of the U. S. bank earnings. The bank earnings were a mixed picture and did not provide a catalyst for the S&P 500 to move higher. What should investors expect for the rest of the earnings season? The Q2 earnings season was spectacular, with earnings growth coming in at 53.7 per cent, and revenue growth at 15.8 per cent (LSEG I/B/E/S). These results were well above the historical average. What happened? To start with, the earnings growth is a year-over-year comparison. The Q2 results in 2025 were fairly tepid, creating a base effect that helped to boost the results in Q2 of 2026. S&P 500 year-over-year % growth The biggest factor driving the Q2 earnings growth was the mandatory reporting of unrealized gains by some of the large technology companies that had invested in other technology companies. According to GAAP, these gains have to be declared as other income. Some of these gains were huge. The technology sector and in particular the AI sector companies generally had large rallies.

OTTAWA - More than 50 of Canada’s top scientists and scholars are warning that Prime Minister Mark Carney’s marquee legislation aimed at fast-tracking major projects needs to be amended, or the federal government is risking “costly and potentially irreversible harm,” to the environment. In an open letter published Thursday, 56 fellows from the Royal Society of Canada outline six specific amendments they say need to be made to Bill C-39, the Building Canada Strong Act. The scientific experts write that while they support the bill’s central aim of streamlining project assessments, there are several clauses within the legislation that need to be altered or scrapped entirely. They say the changes are needed for the government to keep its promise to protect species at risk, delicate ecosystems, natural resources and human well-being. “Bill C-39, as drafted, really puts aside a lot of the environmental regulations and laws that we have in place in Canada to protect nature and protect our waters, protect our air,” said Dr. Sarah Otto in an interview with CTV News.

Published: October 22, 2026 at 3:14p.m. EDTOTTAWA — The Conservatives are calling on the government to implement temporary resident exit tracking, boost collaboration with the provinces and further reduce permanent residency admissions in the coming immigration levels plan. Conservative immigration critic Michelle Rempel Garner outlined these and other demands in a press conference today, and blamed government policy for a rise in anti-immigrant sentiment in recent years. She said the government should be putting more emphasis on integrating newcomers to restore faith in the system and ease social tensions around immigration. Prime Minister Mark Carney said Wednesday the government “will not budge” on its goal of making immigration numbers sustainable and its plan is “getting them to that level now.”Last year’s immigration levels plan, which set a target of admitting 380,000 permanent residents annually between 2026 and 2028, also included two programs aimed at giving permanent status to more than 130,000 temporary residents who aren’t included in the broader target. The government must provide an updated levels plan in the next few weeks.

Published: October 22, 2026 at 2:58p.m. EDTKeith Buchanan, partner and senior portfolio manager at Globalt Investments, joins BNN Bloomberg to share his Hot Picks in financials. The U. S. financial sector offers a window into business activity and consumer finances. Trading, initial public offerings, advisory work and credit trends help reveal the economy’s health. BNN Bloomberg spoke with Keith Buchanan, senior portfolio manager at Globalt Investments, about his three financial stock selections and how he evaluates opportunities across banking and insurance. How to set BNN Bloomberg as your preferred source on GoogleKey TakeawaysProfitable underwriting and investment income support Travelers’ appeal as a source of relatively stable earnings, Buchanan said. Travelers’ geographic reach helps diversify exposure to concentrated risks, including weather-related losses. Aflac faces pressure from rising Japanese interest rates and a weaker yen, but Buchanan said those concerns have also helped improve its pricing environment. Wells Fargo’s asset cap removal creates an opportunity to grow earnings and narrow its valuation gap with other major banks, provided it executes effectively.

Published: October 22, 2026 at 2:44p.m. EDTBenjamin Klein, senior portfolio manager at Baskin Wealth Management, joins BNN Bloomberg to discuss the markets. NEW YORK -- The tab for the next round of the AI buildout came due on Thursday. Investors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hyperscalers spending billions to build data centres and other infrastructure supporting the AI boom -- said it would issue a new class of shares that will help it raise funds. Meta fell eight per cent, its largest drop since July. SpaceX declined nine per cent and semiconductor giant Nvidia -- a bellwether of the AI trade -- dropped four per cent. The Nasdaq Composite was on track for its largest decline in four months. A 10 per cent plunge in shares of semiconductor company Lam Research following its results also weighed on sentiment and sent the semiconductor index to its largest decline since July. Latest updates on investing hereThe pullback is the latest test for the AI trade, focusing on the rising costs of a long-term project the payoffs from which remain uncertain and will likely be unevenly distributed.