Mergers & Acquisitions:

• HVAC:
  Service Logic Holdings Canada announced the acquisition of Port Coquitlam, BC based Custom Air Conditioning, a provider of commercial mechanical services (HVAC/R, plumbing and electrical services) across 4 locations from Vancouver based CAI Capital Partners.

• Consumer discretionary:
  Pursuit Attractions and Hospitality Inc. (NYSE:PRSU) announced the acquisition of Victoria based Eagle Wing Tours, a whale watching and marine wildlife tourism services provider.

• Geomatics:
  Vancouver based ZenaTech Inc. (NASDAQ:ZENA) announced the acquisition of Grande Prairie based Velocity Geomatics Inc., a provider of geospatial land surveying, geomatics, mapping, and environmental and regulatory compliance services for Western Canadian oil and gas producers.

• Interest rate update:
  The Bank of Canada held key interest rates steady at 2.25% last Wednesday.

• Inflation update:
  According to Statistics Canada, June inflation was 2.8% (3.2% in May 2026), driven largely by a 10% decline in gasoline costs month over month. Excluding gasoline, inflation was unchanged at 2.2%.

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