Five Canadian business stories to watch this week

Air Canada
Air Canada

Air Canada earnings

Air Canada CEO Calin Rovinescu speaks to analysts about the airline’s first-quarter results on Monday. Canada’s largest airline has announced that it is removing its grounded Boeing 737 Max jets from service until at least Aug. 1 in order to provide more certainty for passengers with summer travel plans.

WestJet update

WestJet CEO Ed Sims will discuss first-quarter results on Tuesday. The Calgary-based airline has announced that flights between Halifax and Paris have been suspended from June 3 through Aug. 2 due to the continued grounding of Boeing 737 Max aircraft.

Latest from Quebecor

Quebecor holds its annual general meeting on Thursday. The CRTC has ordered Quebecor to maintain its TVA Sports signal to Bell TV subscribers and threatened to automatically suspend its licence if it continued to scramble the signal of TVA Sports to Bell subscribers over a royalties dispute

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April jobs numbers

Statistics Canada releases its Labour Force Survey for April on Friday. The survey for March revealed that employment dropped by 7,200 net jobs, the bulk of which were full-time positions, while the unemployment rate held firm at 5.8 per cent.

Freshii earnings

Freshii Inc. quarterly conference call to discuss first-quarter results on Friday. The Toronto-based company announced that its chief financial officer will leave in early May as the eatery chain grapples with recent lacklustre performance.

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