High times
Licensed marijuana producer Canopy Growth Corp. discusses fourth-quarter and year-end results on Wednesday. Shares in Canada’s largest pot company by market capitalization hit an all-time high last week as investors gear up for the federal legalization of cannabis in October.
Housing report
Canada Mortgage and Housing Corporation releases the Housing Market Insight report on Wednesday. In May, CMHC reported a double-digit decline in multi-unit projects in urban areas, leaving them close to their 10-year average following several months of historically elevated levels.
Going digital
Financial services company Manulife Financial Corp. holds its investor day on Wednesday. The insurer said last Thursday that it will cut about 700 jobs over 18 months as it becomes the latest financial services company to streamline and digitize customer service operations.
OBJ360 (Sponsored)
City Building: Montreal company Groupe MACH poised to play major role in growth of Ottawa
A new investor in Ottawa’s real estate market, Groupe MACH, is poised to play a role in the growth of the city as well as the protection of the health
City Building: ‘Condominiumizing’ land developments
Nelligan Law is so successfully redefining the concept of condominiums for stakeholders that its approach is being applied to major, mixed-use projects in Ottawa and other municipalities. “We are looking
Economic update
Statistics Canada releases the gross domestic product by industry for April on Friday.
The agency’s previous GDP report in May stated that the economy grew at a slower-than-expected annualized pace of 1.3 per cent, largely attributable to a pull back in the real estate market amid new mortgage stress test rules.
Shaw earnings
Cable TV and broadcasting giant Shaw Communications Inc. discusses third-quarter results on Thursday. Commissioner of Competition John Pecman said in May that he wants to “shine a light” on Canada’s broadband internet providers in order to make the broadband internet sector more competitive, including a change to regulations, easier switches between providers and more informed consumer choice.
