<div id="readability-page-1"><div>(Morning News Call - Canada will not be published during the year-end holiday season from December 22, 2025 through January 2, 2026. Normal service will resume from January 5, 2026. Season’s Greetings and Happy New Year)To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0815 House starts, annualized for Nov : Expected 250,000; Prior 232,800 0830 CPI inflation MM for Nov : Expected 0.1%; Prior 0.2%0830 CPI inflation YY for Nov : Expected 2.3%; Prior 2.2%0830 CPI BoC core YY for Nov : Prior 2.9%0830 CPI BoC core MM for Nov : Prior 0.6%0830 CPI MM SA for Nov : Prior 0.1%0830 Core CPI MM SA for Nov : Prior 0.3%0830 CPI median for Nov : Expected 2.9%; Prior 2.9%0830 CPI trim for Nov : Expected 2.9%; Prior 3.0%0830 CPI common for Nov : Prior 2.7%0830 CPI NSA for Nov : Prior 165.30830 CPI YY SA for Nov : Prior 2.16%0830 Manufacturing sales MM for Oct : Expected -1.1%; Prior 3.3%EX-DIVIDENDSBaytex Energy Corp: Amount C$0.225BCE Inc: Amount C$0.437Birchcliff Energy Ltd: Amount C$0.03Cenovus Energy Inc: Amount C$0.2EQB Inc: Amount C$0.57George Weston Ltd: Amount C$0.297Keyera Corp: Amount C$0.54Loblaw Companies Ltd: Amount C$0.141Maple Leaf Foods Inc: Amount C$0.6Paramount Resources Ltd: Amount C$0.05Pembina Pipeline Corp: Amount C$0.71Teck Resources Ltd: Amount C$0.125Topaz Energy Corp: Amount C$0.34Tourmaline Oil Corp: Amount C$0.5Vermilion Energy Inc: Amount C$0.13For Morning News Call U.S. — a preview of market-moving news for the trading day:- type US/MNC in a news browser if you are an Eikon user, or type RT/US/MNC in a news browser if you are a Thomson One userFor The Day Ahead — a recap of the day's events and preview of the next trading day:- type DAY/US in a news browser if you are an Eikon user or type RT/DAY/US in a news browser if you are a Thomson One userFor an index of our newsletters click on (NEWSL)</div></div>

Morning News Call - Canada will not be published from December 22, 2025, through January 2, 2026. Normal service resumes January 5, 2026. Key economic data for November includes CPI inflation and manufacturing sales. Several companies announce ex-dividend dates and amounts, including Baytex Energy, BCE Inc, and Teck Resources. For U.S. market news, use US/MNC or RT/US/MNC. For daily recaps, use DAY/US or RT/DAY/US.

Morning News Call - Canada, December 15