Canada business: Bank earnings, drone marketplace and new orders

Various Canadian business sectors are reporting significant developments. Major Canadian banks are expected to post strong third-quarter earnings next week, though analysts remain cautious regarding stock valuations.

In the defense sector, Canadian companies are looking to leverage a new government drone marketplace to secure high-volume contracts and expand domestic military manufacturing capacity.

Additionally, Perma-Pipe reported securing over $67 million in new orders during the second quarter of 2026, while Canada Goose has unveiled its Fall/Winter 2026 collection.