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

TORONTO -

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

CP speech:

Canadian Pacific executives are scheduled to address the BMO Capital Markets 2021 Growth & ESG Conference on Tuesday. The railway is currently suing the province of Saskatchewan for $341 million over a clause that was written in a contract so old, John A. Macdonald was prime minister and Saskatchewan wasn't yet a province.

Interest rate decision:

Bank of Canada to announce its decision for its overnight rate target on Wednesday. The central bank's move in October to end its pandemic-driven purchases of government bonds to stimulate the economy, and warnings of rate hikes sooner than previously expected, has coloured federal efforts to craft an annual plan to manage the debt.

Empire Co. results:

Sobeys parent company Empire Co. is set to release Q2 results on Thursday. Recent earnings from rivals Loblaw Companies Ltd. and Metro Inc. offered a glimpse at the inflationary pressures and labour challenges hitting the grocery industry. The situation is expected to lead to higher food prices and brief shortages of some specialty products on store shelves, suggesting the pandemic could have a lasting effect on grocers.

Lululemon earnings:

Lululemon Athletica Inc. will release its third quarter financial results on Thursday. The Vancouver-based athletic apparel retailer launched a lawsuit against exercise equipment company Peloton Interactive Inc. last week, accusing the stationary bicycle and treadmill maker of infringing on multiple design patents and selling "knock-off" bras and pants.

Transat results:

Transat AT is scheduled to hold a call to discuss its fourth-quarter results on Thursday. The airline, along with other incumbents, is expected to see increased competition from ultralow cost carriers such as Flair, Lynx and Swoop after long-standing barriers to entry were swept away by the COVID-19 pandemic.

This report by The Canadian Press was first published Dec. 5, 2021.

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World

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Politics

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Health

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LHSC performs a Canadian first in robot-assisted direct lateral spine surgery

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Sci-Tech

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Entertainment

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Business

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Lifestyle

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Sports

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Autos

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Toronto

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Calgary

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Ottawa

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Montreal

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Edmonton

UCP able to remove councillors and axe city bylaws in new sweeping bill aimed at municipal politics

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Experts urge Albertans to check measles vaccine status after confirmed Edmonton case

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Atlantic

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2 teens charged in Halifax homicide: police

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N.S. residents arrested at New Brunswick border with multiple weapons

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Winnipeg

'Deep ignorance': Calls for Manitoba trustee to resign sparked after comments about Indigenous people and reconciliation

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Regina

RCMP make 2 arrests in connection to Oxbow area homicide

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'Get these doctors here': Sask. family calls on province to step up gastroenterologist recruitment

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Kitchener

Generational farm could be impacted if Wilmot land assembly goes ahead

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Former Kitchener doctor accused of sexually assaulting patients makes brief court appearance as marathon trial continues

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Drivers who got bad fuel from Guelph, Ont. gas station receiving compensation

Drivers who were hit with hefty repair bills after fueling up at a Guelph gas station appear to be finally getting their money back.

Saskatoon

Crown argues for life sentence for Sask. Mountie who shot and killed his lover

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'Difficult to maintain': Private Sask. school embroiled in abuse allegations may soon close

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Council votes for bike safety improvements at corner where cyclist was killed

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Northern Ontario

Former head of Ont. tech company charged in $6M fraud case

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Secret $70M Lotto Max winners break their silence

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Fire victims in Timmins say thieves have stolen their personal belongings

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London

Aamjiwnaang First Nation declares state of emergency over benzene levels

On Thursday, Aamjiwnaang First Nation Chief Chris Plain declared a state of emergency due to the high levels of benzene.
Laid off workers seeking severance say 'Shame on Wescast'

A crowd of former Wescast employees and supporters rallied outside Wescast Industries in Wingham, Ont. on Thursday, requesting the severance pay they're owed.
LHSC performs a Canadian first in robot-assisted direct lateral spine surgery

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Barrie

One person charged following shootings in Bradford

One person has been charged following a series of shootings in August and September in Bradford West Gwillimbury.
Honda unveils $15B investment plan to build new EV plant in Alliston

Prime Minister Justin Trudeau and Premier Doug Ford visited Alliston on Thursday to unveil a $15 billion investment in an electric vehicle and battery facility.
Highschool students compete in mock trial at Barrie courthouse

A group of teens entered the Barrie courtroom on Thursday and participated in a mock trial competition.

Windsor

'A slap in the face': Foreign workers still building NextStar battery plant in Windsor: CBTU

Canada’s Building Trades Unions is demanding the federal government intervene as it alleges local workers are being “sidelined” by foreign employees.
Oversized danger: pedestrian advocacy groups call for smaller trucks and SUVs

A coalition of 60 pedestrian and cycling safety advocacy groups is calling for government regulation and auto industry changes after data showed the dangers caused by large trucks and SUVs towards pedestrians.
Car theft suspect sought on Tecumseh Road

Windsor police are asking for the public's help identifying a suspect after a car theft on Tecumseh Road.

Vancouver Island

Hiker airlifted to hospital in critical condition after falling into Vancouver Island canyon

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B.C. civil lawsuit against Sex Pistols guitarist alleges 1980 sexual assault

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Harbour Air commits to buying 50 electric engines for seaplane fleet

Harbour Air is travelling towards a more sustainable future, looking to electrify its fleet of 45 aircraft.

Kelowna

B.C. man rescues starving dachshund trapped in carrier: BC SPCA

An emaciated dachshund is now recovering thanks to a Good Samaritan who found the pup near a biking trail in Kelowna, according to the BC SPCA.
Search crews called in after missing Kelowna senior's truck found

Search and rescue crews have been called in after a vehicle belonging to a missing senior was located near a rural intersection outside of Kelowna Tuesday.
Homicide investigation underway after body found near Kelowna, B.C.

Major crime detectives in British Columbia are investigating a suspected homicide after a body was found in a remote area southeast Kelowna over the weekend.

Lethbridge

Former U of L student awarded diversity, equity and inclusion medal by NASA

A former University of Lethbridge student has been awarded the Medal for Diversity, Equity, Inclusion and Equity by NASA.
Oilers get hat trick from MacNeil en route to 4-1 win over Bandits

The Okotoks Oilers bounced back against the Bandits Wednesday night, defeating Brooks 4-1.
Fire risk for southern Alberta high: Natural Resources Canada

It’s not even May 1 and the fire risk for southern Alberta is already alarming.

Sault Ste. Marie

Garden River chief meets with disgruntled band members over payout concerns

Some members of the Garden River First Nation are demanding answers regarding the disbursement of the Robinson-Huron Treaty settlement funds.
OPP and Treaty Three police lay murder charge in northwestern Ont.

The Ontario Provincial Police, in partnership with the Treaty Three Police Service, have charged a suspect with murder following a homicide in a remote northwestern Ontario community.
Youth charged in the Sault for firing cap gun at passersby

A 15-year-old in Sault Ste. Marie has been charged following an incident on Bay Street on Tuesday.

N.L.

Made-in-Newfoundland vodka claims top prize at worldwide competition

A Newfoundland-made vodka has been named one of the world’s best by judges at this year’s World Vodka Awards.
Rideshare platform Uber expands to Newfoundland and Labrador

Uber Technologies Inc. says it has brought its ridesharing platform to Newfoundland and Labrador.
Newfoundland director found creeping terror of 'The King Tide' in a tiny coastal town

Newfoundlander Christian Sparkes has shot several films around his home province, but with his new psychological thriller 'The King Tide' he saw an opportunity to wander into one unique town that had eluded him over the years.