Five Canadian business stories to watch this week


Cleared to strike?

WestJet discusses first-quarter results on Tuesday. The Calgary-based airline agreed in late April to 14 straight days of negotiations with its pilots union, which represents about 1,500 WestJet pilots and 500 WestJet Encore pilots. Absent a deal, the pilots will be in a position to strike on May 18.

Latest housing numbers

Statistics Canada releases the new housing price index for March on Thursday. The price index for February revealed the first fall in home prices since July 2010 due to climbing interest rates and tighter mortgage regulations.

TSX troubles

TMX Group Ltd. discusses first-quarter results on Wednesday. The operator of the Toronto Stock Exchange suffered a hardware failure on April 27 that forced it to end the trading day early on the TSX, the TSX Venture Exchange, the TSX Alpha Exchange and the Montreal Exchange, which is Canada’s largest market for trading derivatives.

OBJ360 (Sponsored)

Jobs report

Statistics Canada releases the labour force survey for April on Friday. StatCan’s previous survey for March showed that the economy delivered 32,300 net new jobs as Canada generated a rush of full-time work that helped keep the national unemployment rate at its record low.

Telus earnings

Telecom company Telus Corp. holds its annual meeting on Thursday. The Vancouver-based telco, along with rivals Bell and Rogers, have been running 5G technology pilots and preparing to spend billions of dollars to upgrade their networks to be ready for the early stages of 5G technology within a year or two.

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