5 things to watch in the Canadian business world this week

TORONTO -- Five things to watch this week in Canadian business:

CRTC: Channel Zero, owner of Hamilton's CHCH-TV whose new operation was gutted late last year, will make a presentation Monday at the opening of hearings being held by the Canadian Radio-television and Telecommunications Commission on local and community television programming.

See Full Article

Nearly 130 full-time and almost 40 part-time on-air news personalities, producers and camera operators at CHCH lost their jobs in December.

Valeant in D.C.: Howard Schiller, the interim CEO of Valeant Pharmaceuticals, testifies before the U.S. Congress on Tuesday. Congress wants Valeant and some other drug companies to explain how they bought the rights to a number of long-standing prescription drugs and then hiked their prices.

Energy: Peter Watson, chairman and CEO of the National Energy Board, talks to the Toronto board of trade Wednesday, where he'll release a report on the country's energy future. On Thursday, the Canadian Nuclear Safety Commission holds a public meeting in Ottawa on a recent uranium spill in Saskatchewan.

GDP: Statistics Canada releases the gross domestic product by industry for November on Friday. The eagerly anticipated GDP figures are a key indicator of the country's economic well-being.

Rogers: The telecommunications giant releases its fourth-quarter results on Wednesday prior to the markets opening. Rogers, along with Bell and Telus, have raised or plan to raise the prices of their wireless packages and have warned of increases to home phone and Internet prices in February.



Advertisements

Latest Economic News

  • Global stock indexes slump as Trump threatens more China tariffs

    Economic CBC News
    Global stock markets slumped Tuesday after President Donald Trump threatened to put tariffs on another $200 billion US in imports from China, and the Chinese government said it would retaliate, bringing tensions between the world's two largest economies closer to a boil. Source
  • Don't call it a trade war: Scotiabank economist is optimistic about outcome for Canada

    Economic CTV News
    A new report from Scotiabank spells out four potential scenarios for Canada if trade tensions with the U.S. continue to escalate, but one of the bank’s top economists is anticipating a more benign outcome. Scotiabank said a recession across North America, more tariffs from both the U.S. Source
  • Want a free laneway house in Vancouver? There's a catch

    Economic CTV News
    A free laneway house in a market where the benchmark price for a detached home is over $1.6 million is bound to come with a catch -- and it does. A Vancouver entrepreneur is offering to build prefabricated laneway houses free of charge for homeowners with space in their backyards, as long as they let him collect rent from the tenants for 12 years. Source
  • In tit-for-tat, Trump threatens more tariffs against China

    Economic CTV News
    WASHINGTON -- U.S. President Donald Trump has directed the U.S. Trade Representative to prepare new tariffs on $200 billion in Chinese imports as the two nations move closer to a trade war. In response, China has threatened what it called "comprehensive measures," raising the risk that it would target operations of major American companies in China. Source
  • 'I just feel upset': Airline destroys couple's bag containing raw seafood

    Economic CTV News
    An Ontario couple is seeking compensation from an airline after one of their checked bags was destroyed without their consent. Totaram Drigpal and Nutan Ramcharan recently returned home from a trip to Guyana where they were visiting with friends and family. Source
  • WestJet's discount airline Swoop cleared for takeoff tomorrow

    Economic CBC News
    Competition is heating up for Canada's most price-sensitive travellers as WestJet Airlines gears up to launch the country's second ultra-low cost airline Wednesday. Swoop, an offshoot of WestJet Airlines, will make its maiden flight on its pink and white aircraft before the sun rises in Hamilton, Ont. Source
  • Kazuo Kashio, co-founder of Casio of G-Shock fame, dies

    Economic CTV News
    TOKYO -- Kazuo Kashio, one of four brothers who founded Casio Computer Co., the Japanese company behind G-Shock watches, has died at age 89. Kashio, who was chairman and served previously as president, died at a Tokyo hospital on Monday of aspiration pneumonia, which is set off by breathing in food or liquids, the company announced Tuesday. Source
  • Swoop Airlines set to launch, heating up competition for low-cost travellers

    Economic CTV News
    MONTREAL - Competition is heating up for Canada's most price-sensitive travellers as WestJet Airlines gears up to launch the country's second ultra-low cost airline Wednesday. Swoop, an offshoot of WestJet Airlines, will make its maiden flight on its pink and white aircraft before the sun rises in Hamilton, Ont. Source
  • Auto tariffs could cost Canada 160,000 jobs, TD estimates

    Economic CBC News
    Donald Trump's threat to slap tariffs on Canadian cars and car parts could cost the country up to 160,000 jobs, especially if Canada retaliates, TD Bank warns. In a report Monday, senior economist Brian DePratto crunched some numbers on the economic impact of a 10 per cent tariff on car parts, and a stiffer 25 per cent levy on fully assembled vehicles. Source
  • Asian markets drop over Trump tariff threats

    Economic CTV News
    BEIJING - Asian stocks tumbled Tuesday after U.S. President Donald Trump escalated a dispute with Beijing over technology policy by threatening a tariff hike on additional Chinese goods. KEEPING SCORE: The Shanghai Composite Index fell 3.7 per cent to 2,914.05 and Hong Kong's Hang Seng dropped 2.7 per cent to 29,500.22. Source