The Montreal-based airline said operating income for the quarter was $5.77 billion, down about 5% from $6.1 billion in the third quarter of last year.
Results for the three-month period to September 30 include the three-day standstill of more than 10,000 flight attendants in August, which halted operations and led to the cancellation of more than 3,000 flights.
Air Canada Chief Executive Officer Michael Rousseau said the latest results were in line with the company’s revised expectations, which were lowered to account for workforce disruptions that occurred during the peak summer season. In September, Air Canada lowered its full-year guidance and estimated strike costs at C$375 million.
Fortis Group’s third-quarter profit reaches US$409 million, raises dividend
Fortis Group (TSX:FTS)
Data for Q3 2025:
- profit: $409 million (down from $420 million a year ago)
- income: $2.94 billion (up from $2.77 billion)
Fortis Inc. raised its dividend and reported third-quarter profit of $409 million. The power company said it will now pay a quarterly dividend of 64 cents per share, up from 61.5 cents per share.
Fortis said third-quarter profit was 81 cents per share, down from $420 million, or 85 cents per share, a year earlier, as it increased payments to shareholders. On an adjusted basis, the company said it earned 87 cents a share in the latest quarter, up from 85 cents a share a year ago.
Revenue for the quarter totaled $2.94 billion, up from $2.77 billion a year earlier.
In its outlook, Fortis announced a new five-year capital plan for 2026-2030 totaling US$28.8 billion, an increase of US$2.8 billion from the previous five-year plan.
Thomson Reuters reports third-quarter profit and revenue growth year over year
Thomson Reuters (TSX: TRI)
Data for Q3 2025:
- profit: $423 million ($301 million a year ago)
- income: $1.78 billion (up from $1.72 billion)
Thomson Reuters reported its latest quarterly profit of $423 million, up from $301 million in the same period last year, with revenue up 3%. The company, which keeps its books in U.S. dollars, said it earned 94 cents per diluted share in the quarter ended Sept. 30, up from 67 cents per diluted share in the same period a year earlier.
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Revenue totaled $1.78 billion, up from $1.72 billion a year ago. Thomson Reuters said adjusted earnings per share were 85 cents, up from 80 cents per share in the same period last year.
In September, the company acquired Additive AI Inc., a U.S.-based specialist that provides AI-driven tax document processing services to tax and accounting professionals. The company also sold its remaining minority stake in the Elite business, a provider of financial practice management solutions to law firms.
Suncor reports lower third-quarter profit, record production
Suncor Energy Corporation (TSX:SU)
Data for Q3 2025:
- profit: $1.62 billion (down from $2.02 billion a year ago)
- income: $6.17 billion (down from $6.32 billion)
Oil sands giant Suncor Energy Inc. reported lower third-quarter profits on weaker oil prices, while output and refinery throughput hit new records. Net profit for the three months ended September 30 was US$1.62 billion, down from US$2.02 billion in the same period last year. Profit per share was $1.34, while earnings per share were $1.59.
Operating income, excluding royalties, was $6.17 billion, down from $6.32 billion in the same quarter of 2024.
Total upstream production for the quarter was 870,000 barrels of oil equivalent per day, up from 828,600 barrels of oil equivalent per day. Suncor’s refinery processed 491,700 barrels per day, up from 487,600 barrels per day a year ago.
“Our employees continue to create value for shareholders with a culture where every barrel, every dollar matters,” Chief Executive Officer Rich Kruger said in a news release Tuesday. “Supported by our integrated business model, we are improving overall performance and generating higher, more reliable and measurable free cash flow while reducing volatility and dependence on the external business environment.”
Also on Tuesday, Suncor announced it would raise its quarterly dividend 5% to 60 cents per share.
Uranium miner Cameco raises annual dividend, posts small third-quarter loss
Cameco (TSX:CCO)
Data for Q3 2025:
- loss: $158,000 (down from $7.4 million profit a year ago)
- income: $614.6 million (down from $720.6 million)
Cameco raised its dividend and reported a small net loss in its latest quarter. The uranium miner said it would pay an annual dividend of 24 cents per share, up from 16 cents per share. The increase in payments to shareholders came as Cameco reported a net loss of $158,000, or 0 cents per diluted share, for the quarter ended Sept. 30, compared with a profit of $7.4 million, or 2 cents per diluted share, a year earlier.
