The news comes because the Montreal-based airline reported a net profit of $48 million in the primary quarter, in comparison with a net lack of $102 million in the identical period last yr. That represented diluted earnings per share of 16 cents, compared with a diluted loss per share of 40 cents within the year-ago quarter.
The airline said it had record operating revenue of $5.8 billion in the primary quarter, up from $5.2 billion a yr earlier.
Air Canada CEO Michael Rousseau says the corporate’s second-quarter guidance reflects an expectation to offset between 50% and 60% of estimated additional fuel costs through business and price measures. The airline now expects second-quarter adjusted profit before deductions to be between $575 million and $725 million.
Canada Packers reported a first-quarter profit of $43.8 million as sales fell
Canada Packers Inc. (TSX:CPKR)
Numbers for the primary quarter:
- Benefit: $43.8 million (vs. $34.1 million last yr)
- Revenue: $428.3 million (was $452 billion)
Canada Packers Inc. reported first-quarter profit of $43.8 million, compared with $34.1 million in the identical quarter last yr. According to the corporate, earnings for the quarter ended March 28 were $1.46 per diluted share, in comparison with $1.15 per diluted share in the primary quarter of 2025.
Revenue was $428.3 million, down from $452 million a yr earlier.
On an adjusted basis, Canada Packers said it had a profit of 54 cents per share in its most up-to-date quarter, compared with an adjusted profit of 89 cents per share a yr earlier.
Chief Executive Officer Dennis Organ says the corporate’s strong operating performance helped offset the year-on-year currency decline.
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Canada Packers is the pork operation of Maple Leaf Foods Inc., which was spun off right into a latest standalone company in October 2025.
Bombardier reports profit and sales for the primary quarter above the previous yr
Bombardier Inc. (TSX:BBD.B)
Numbers for the primary quarter:
- Benefit: $53 million (up from $44 million a yr ago)
- Revenue: $1.60 billion (was $1.52 billion)
Bombardier Inc. reported first-quarter profit of $53 million, compared with $44 million a yr earlier, as revenue rose 5%. The Montreal-based aircraft maker, which keeps its books in U.S. dollars, said profit for the quarter ended March 31 was 45 cents per diluted share, up from 37 cents per diluted share within the year-ago quarter.
On an adjusted basis, Bombardier earned $1.81 per share in its most up-to-date quarter, up from 61 cents per share a yr earlier.
Quarterly revenue totaled $1.60 billion, up from $1.52 billion in the primary quarter of 2025.
Bombardier said it delivered 24 aircraft within the quarter, up from 23 in the identical quarter last yr. The company’s backlog as of March 31 was $20.3 billion.
Toy company Spin Master reported a first-quarter lack of $32 million, a year-over-year decline in sales
Spin Master Corp. (TSX:TOY)
Numbers for the primary quarter:
- Loss: $32.0 million (in comparison with a lack of $24.5 million a yr ago)
- Revenue: $328.5 million (from $359.3 million)
Spin Master Corp. reported a lack of $32.0 million in the primary quarter, in comparison with a lack of $24.5 million a yr ago, as revenue fell about 9%. The Toronto-based toy company, which keeps its books in U.S. dollars, said its loss for the quarter ended March 31 was 32 cents per share, compared with a lack of 24 cents per share a yr earlier.
On an adjusted basis, the corporate lost 24 cents per share in its most up-to-date quarter, compared with a lack of 12 cents per share within the year-ago quarter, in line with Spin Master.
