Five Canadian business stories to watch this week

Cannabis
Cannabis

Corporate outlook

The Bank of Canada releases its latest business outlook survey and senior loan officer survey on Monday. The business outlook survey will be scrutinized ahead of the central bank’s next interest rate decision set for Oct. 24.

Big business meetup

Fortune Global Forum 2018 kicks off in Toronto on Monday. The three-day annual meeting of the CEOs of the world’s biggest corporations will feature a range of current and former Canadian politicians as well as executives from RBC, Sidewalk Labs, Ebay, Encana and CPPIB.

Dazed and confused

Canada will awaken in an altered state on Wednesday as the legalization of recreational cannabis comes into effect. Aphria Inc. CEO Vic Neufeld told analysts on Friday that widespread supply chain problems will likely result in “sold out” signs at retail shops and online portals across the country.

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Iconic spaces, lasting impressions

The Canadian Museum of History and the Canadian War Museum offer more than beautiful spaces; they provide meaningful settings celebrating heritage, culture and design. An architectural landmark overlooking Parliament Hill

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CP earnings

CP Rail will report third-quarter earnings on Thursday. The railway is betting on increased crude-by-rail shipments as energy companies look to for alternatives to ship oil with pipelines running at capacity.

Inflation

Statistics Canada releases the consumer price index data for September on Friday. The annual inflation rate was 2.8 per cent in August, near the top end of the Bank of Canada’s target range of one to three per cent.

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