Aecon earnings
Aecon Group Inc. releases second-quarter results after markets close on Thursday. The construction company, which was recently the target of a failed acquisition bid by a Chinese state-controlled company, won a $282-million contract last week for work on Enbridge Inc.’s Line 3 replacement project in Manitoba.
Housing update
Canada Mortgage and Housing Corp. releases its housing market assessment report on Thursday. Canada’s housing market, along with high consumer debt levels, have been singled out by the Bank of Canada as the top vulnerabilities for the financial system, but both have recently shown signs of easing.
Air Canada earnings
Air Canada discusses second-quarter results on Friday. Former Aveos employees have been authorized to proceed with a class action lawsuit against the airline, which sold most of its shares in Aveos in 2007 and gradually reduced its contracts with the maintenance company, forcing it to close permanently in 2012 due to lack of orders.
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The Ottawa Hospital’s Campaign to Create Tomorrow enters important next phase
For Ginger Bertrand, some of her earliest childhood memories in Ottawa are centred around healthcare. “I grew up across the street from what was originally the General Hospital,” she explains,
Investing in the next generation: Ottawa businesses encouraged to build futures through mentorship
Do you remember the mentor in your life who helped shape your career? In the business world, success often depends on the connections we build, fuelled by guidance and support
Loblaw reports
Grocery and pharmacy giant Loblaw Companies Ltd. releases second-quarter results on Wednesday. A lawyer for Loblaw told a Toronto court last week there is no evidence to back the Canada Revenue Agency’s allegations that its Barbadian banking subsidiary was misused for tax avoidance in closing arguments in the case.
Oil on the tracks
CN Rail releases second-quarter results after markets close on Tuesday. The railway expects crude oil deliveries to increase in the second half of the year as capacity becomes available. Crude-by-rail exports to the United States jumped to a three-year high in March of just over 170,000 barrels per day, the highest since December 2014.
