NEWS
10/11/2015 10:00 EDT | Updated 10/11/2016 01:12 EDT

Five things to watch for in the Canadian business world in the coming week

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

Mr. Poloz Goes To Washington: Bank of Canada governor Stephen Poloz is in the U.S. capital on Monday — the Thanksgiving holiday here, but not in the U.S. — where he's speaking at a National Association for Business Economics event. With Poloz at the helm, the central bank has twice cut its key lending rate this year while some are predicting its U.S. counterpart, the Federal Reserve, may hike rates by the end of the year.

Burger family finances: A&W, the fast-food restaurant that bills itself "Canada's only authentic better burger restaurant for time-crunched adults," holds a conference call on Tuesday to discuss its third-quarter results. The popular chain — with its Mama, Papa and Teen burgers, among others — has been giving McDonald's a run for its money in recent years while irking Canadian beef producers with its steroid- and hormone-free hamburger offerings.

Natural gas gabfest: The three-day International LNG in B.C. Conference kicks off in Vancouver, with Premier Christy Clark delivering the keynote address on Wednesday. Other speakers include Maarten Wetselaar, executive VP at Shell Integrated Gas. The province's natural gas development minister said last week that the federal election and environmental approval are the only factors holding up a proposed $36-billion liquefied natural gas plant in B.C. — not slumping oil and gas prices.

StatCan data dump: The federal agency releases data Thursday on investment in non-residential building construction in Q3, as well as its monthly survey of manufacturing and Canada's international transactions in securities, both for the month of August, on Friday.

Corruption case: SNC-Lavalin appears in court on Friday in Montreal to have the next date set relating to criminal corruption charges. In July, new evidence in the fraud and corruption case delayed court proceedings. The RCMP alleges the engineering firm paid Libyan public officials $47.7 million in an effort to influence them.

 

The Canadian Press