Five Canadian business stories to watch this week


Bank of Canada reveals business outlook

The central bank’s quarterly survey of companies is released on Monday, and will hopefully provide a clearer picture of Canada’s business climate. The bank’s previous survey showed that optimism remained intact despite higher interest rates and predictions that the economy’s powerful start to 2017 was fading.

RBC CEO at the mic

Royal Bank of Canada President and CEO Dave McKay gives a speech at the RBC Capital Markets Canadian Bank CEO Conference on Tuesday in Toronto. RBC was on the defensive last week after its discount brokerage platform repeatedly broke down amid unprecedented volatility in cannabis stocks.

What’s next for Valeant?

Valeant Pharmaceuticals CEO Joseph Papa will speak at the 36th Annual J.P. Morgan Healthcare Conference on Wednesday in San Francisco. Valeant agreed in December to pay US$96.25 million to settle lawsuits filed in California in the wake of the unsuccessful attempted hostile takeover in 2014 of Botox maker Allergan Inc.

OBJ360 (Sponsored)

All the news that’s fit to print

Postmedia Network Canada Corp. discusses first-quarter results on Thursday. The media company announced a deal in late 2017 with Torstar Corp. involving a swap of 41 newspapers, 36 of which were promptly closed down at a cost of nearly 300 jobs.

Shaw looks ahead to 2018

Cable TV and broadcasting giant Shaw Communications Inc. will discuss first-quarter results on Thursday. The company’s former CEO and vice-chairman, Jim Shaw, died on Jan. 3 after a brief illness.

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