TORONTO – Here are five things to look for in Canadian business this week:
Joe Oliver: The minister of finance is the keynote speaker on Tuesday at a private capital markets conference in Toronto. Last week, Oliver told a group of American financiers in New York that a looming slate of U.S. bank reforms violates the North American Free Trade Agreement.
Valeant Pharmaceuticals: The Quebec-based pharma giant holds its annual shareholder meeting on Tuesday in Laval, Que. The company’s chief financial officer, Howard Schiller, is stepping down at the meeting but is standing for re-election to the company’s board of directors. Schiller has been the architect of the company’s aggressive growth-by-acquisition strategy.
StatCan: It’s a busy week forStatistics Canada. The federal agency releases the wholesale trade figures for March on Wednesday, as well as a report on travel between Canada and other countries for that month. On Friday, StatCan is out with both inflation data as well as the retail trade figures for March. They’re all critical gauges of the health of the country’s economy.
Emera: The Nova Scotia-based electric utility company, one of the largest in North America with more than $7 billion in assets, is holding its annual general meeting on Thursday in Saint John, N.B.. The company has been investing heavily in New England power plants in recent years.
Silvercorp: The Vancouver mining corporation releases its fourth-quarter and year-end results on Thursday. The company has been under the glare of publicity after a B.C. man won the right to sue Silvercorp, alleging it conspired with Chinese authorities to force him to spend years behind bars after he wrote a report that questioned its ore estimates at a Chinese mine.