TORONTO – Five things to watch in Canadian business this week:
StatCan: The federal agency is out with an array of data this week, including the monthly manufacturing survey for October on Tuesday, the international securities transactions for the same month on Wednesday and wholesale trade figures and the consumer price index on Friday. All the numbers help paint a picture of the state of Canada’s economy.
Bank of Canada: The central bank releases its latest financial system review on Tuesday in Ottawa, followed by a news conference by governor Stephen Poloz. The review highlights key financial vulnerabilities and potential triggers that threaten the stability of Canada’s financial system.
Valeant: The embattled Valeant Pharmaceuticals hosts an investor day on Wednesday in Montreal. A U.S. Senate committee on aging recently held the first of a series of hearings on rising drug costs that focused on the practices of companies like Valeant Pharmaceuticals and the U.S.-based Turing Pharmaceuticals.
Uber hot water: A hearing is being held in Calgary on Thursday to hear the city’s arguments for a permanent injunction against the ride-hailing service. The city of Toronto was paralyzed during rush hour last week when taxi drivers staged massive protests against Uber.
BlackBerry: The struggling Canadian tech company releases its third-quarter results on Friday. BlackBerry is expected to provide details on how its smartphones are selling, including the Priv, the company’s first phone that runs the Android operating system.