TORONTO – Five Things To Look For In Canadian Business In The Next Week:
Cannabis Manufacturers Aurora Cannabis, Canopy Growth, Tilray and Chronos will report their final financial results before financial performance next week. The unrolling of legal kits has been uneven across the country, with significant supply and delivery problems reported in Ontario and Quebec.
TransCanada Corp. will host its annual investment day on Tuesday. The company said on Friday that it is still committed to the Keystone XL raw pipeline project despite a Montana judge's decision that it must pass a further environmental assessment.
CN Rail Chief Financial Officer Ghislain Houle will address the Scotiabank Transportation & Industrial Conference in Toronto on Tuesday. In October, the Montreal-based company reported the highest quarterly earnings in its 99-year history, helping to raise concerns about its operating capacity.
Loblaw Companies Ltd. discusses the results for the third quarter on Wednesday. In September, the merchant announced that it would record a tax expense of $ 368 million, or 98 cents per share, in the third quarter related to its former Barbadian banking subsidiary Glenhuron Bank Ltd. after a recent tax court in Canada.
Monthly Housing Number
CREA is expected to hand out its monthly home sales data for October in Thursday. The results from September showed that home sales fell for the first time in five months among weak markets in Vancouver and Toronto.