Wednesday's big stock stories: What’s likely to move the market in the next trading session

Published: October 18, 2026 at 9:25p.m. EDTTORONTO – Toronto developer Matt Young originally planned to sell condos in the first phase of a major housing development along St. Clair Avenue East in Scarborough. Now, those homes will be rentals. “It made more financial sense as a rental,” Young, president and CEO of Republic Developments, told CTV News. “There’s a disconnect between the price that someone is able or willing to pay today and the cost to build.”How to set CTV News as your preferred source on GoogleDeveloper Amir Ismailzadeh is also focusing on rentals, including a five-unit property nearing completion in North York. He says many families who want to own a home are struggling to save enough for a down payment, even when they have well-paying jobs. “But in the meantime, they really need somewhere to live,” Ismailzadeh told CTV News from inside one of the units. “And because we are building these rentals in neighbourhoods where they are family oriented, these are becoming good options for them to rent until they do buy,” he said, adding that three of the five units have already been leased with five more in the pipeline.

InvestingBy Cherise Smellie Published: October 18, 2026 at 6:00a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. Monday, Oct. 19Alberta Referendum8:30 am: CAD Consumer Price Index (Sep) 11:30 am: BOC Business Outlook Survey and Survey of Consumer Expectations (Q3) U. S. Earnings:Cleveland-Cliffs: Bef-mktTuesday, Oct. 20U. S. Earnings:General Electric: Bef-mktNorthrop Grumman: Bef-mktHasbro: Bef-mkt3M Co: Bef-mktGeneral Motors: Bef-mktEquifax: Bef-mktKeyCorp: Bef-mktNetflix: Aft-mktCapital One Financial: Aft-mktUnited Airlines: Aft-mktWednesday, Oct. 21TSX Earnings:Waste Connections: Aft-mktU. S. Earnings:AT&T: Bef-mktSouthwest Airlines: Aft-mktMeta Platforms: Aft-mktTesla: Aft-mktThursday, Oct. 22TSX Earnings:Mullen Group: Bef-mktU. S. Earnings:Comcast: Bef-mktLockheed Martin: Bef-mktHoneywell International: Bef-mktBlackstone: Bef-mktNorfolk Southern: Bef-mktProcter & GambleUnion Pacific: Bef-mktNewmont: Aft-mktDeckers Outdoor: Aft-mktFriday, Oct. 238:30 am: CAD Retail Sales (Aug)British Columbia Election (October 24)TSX Earnings:Rogers Communications: Bef-mktU. S.

Meta, General Motors, major airlines and more companies will report earnings this week. Here's what analysts forecast and what's happened in the past.

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Published: October 17, 2026 at 6:50p.m. EDTCustomers’ information was accessed during a cybersecurity breach of More Rewards, the rewards program for Save on Foods and other Jim Pattison-owned grocery stores, this week. In an email to CTV News, More Rewards said it discovered “unusual activity” on one of its servers on Tuesday and immediately shut it down before launching an investigation. “We confirmed Friday that customers’ personal information on the More Rewards database was accessed. The information includes name and, if provided, address, phone number, email addresses, and date of birth,” the company confirmed. “Based on the information available to us, no other personal information (e.g., passwords, credit card data, or transaction history) was accessed, and the More Rewards accounts themselves remain secure.” A More Rewards card, used at Jim Pattison-owned grocery stores throughout Western Canada, is pictured. A More Rewards card, used at Jim Pattison-owned grocery stores throughout Western Canada, is pictured. Some customers received emails on Friday informing them their data was accessed, given the message above and a warning about potential scams.

Published: October 17, 2026 at 4:54p.m. EDTLOCKEPORT — One of the Nova Scotia businesses accused of buying illegally caught lobsters in the province denies any allegations of wrongdoing. The Nova Scotia government announced Friday that charges have been laid against two businesses in the southwestern part of the province under the Fisheries and Coastal Resources Act. Independent Fisheries Ltd. in Lockeport, N. S., and a numbered company in Shelburne County are both facing charges of buying, selling or processing fish that were caught without a valid licence. A spokesperson for Independent Fisheries denies the allegations, saying the firm operates with a robust due diligence process that ensures lobster is sourced in-season from legal license holders, and they require proof of origin for every transaction. The company says it looks forward to being vindicated through the legal process. The numbered company, 3329874 Nova Scotia Ltd., could not be reached. The cases are scheduled for a court date in Yarmouth Provincial Court next month. The president of the Unified Fisheries Conservation Alliance said Friday the organization is pleased charges have been laid.