India, May 1 -- Canadian shares are likely turn in a mixed performance on Friday with investors reacting to corporate earnings updates and continuing to assess the developments on the Middle East front.

In earnings news, Air Canada reported a net income of C$48 million, or C$0.16 per share for the first quarter, compared with a net loss of C$102 million, or C$0.40 per share in the same period last year.

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