Small caps to watch include Blackline Safety, Algoma Steel and Chemtrade

Canada's S&P/TSX Small Cap Index is up about 50% over the past 52 weeks, and the article highlights company updates from Blackline Safety, Algoma Steel and Chemtrade among others.

Canada's small-cap market has strengthened, and several smaller public companies issued fresh updates this week. The article reviews recent results, guidance and corporate moves across a range of sectors. Some items are forward-looking or outline planned transitions. The coverage aims to summarize notable operational and financial developments for these firms. Key developments: - The article reports Blackline Safety is expected to post roughly $41.5-million of revenue for its fourth quarter and is due to report results on Jan. 15; it also noted a multi-year agreement with Abu Dhabi National Oil Company that could include up to 28,000 devices. - The article reports Algoma Steel provided fourth-quarter guidance showing lower shipments (about 375,000–380,000 tons) and an adjusted EBITDA loss in the range of negative $95-million to negative $105-million as it winds down blast furnace operations and brings Electric Arc Furnace units online. - The article reports Chemtrade projected record adjusted EBITDA for fiscal 2025, issued 2026 adjusted EBITDA guidance of $485-million to $525-million, plans $35-million–$55-million of growth capital expenditures, and increased its monthly distribution to 6 cents from 5.75 cents. - The article reports Ag Growth International released delayed third-quarter results with revenue of $389-million and adjusted profit of $27.1-million, and said an internal review found deficiencies in Brazil-related financial reporting and internal controls that the company is addressing. - The article reports Minto Apartment REIT agreed to be taken private in a transaction valued at about $2.3-billion, with Crestpoint Real Estate Investments to hold a majority interest alongside the founding group. - The article reports Colabor Group filed for creditor protection under the Companies' Creditors Arrangement Act and had its trading halted. Summary: These items show a mix of operational updates, guidance changes and corporate actions across small-cap names. Blackline is set to report results next week; other timing and outcomes for several items are undetermined at this time.