March 23, 2023

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5 points to watch for in the Canadian business enterprise planet in the coming week

TORONTO — Five factors to view for in the Canadian business enterprise world in the coming week:

BoC speech Financial institution of Canada deputy governor Toni Gravelle is established to give a speech by using video clip meeting on Monday to the Autorite des marches financiers on the threats to the stability of the Canadian fiscal procedure, including hazards stemming from the COVID-19 pandemic.

Obsidian vote Obsidian Power shareholders will vote on a proposed hostile takeover of Bonterra Electricity Corp. on Monday. Advisory agency Glass Lewis states the offer would be great for Obsidian shareholders but it has “practically no realistic chance of being thriving” owing to opposition by the Bonterra board and from a lot more than 30 per cent of Bonterra shareholders.

Canada-U.S. relations The Montreal Council on International Relations will host a video conference with Kirsten Hillman, ambassador of Canada to the United States on Tuesday. Ever because President-elect Joe Biden introduced his “Obtain American” approach to rejuvenate the U.S. economic climate, Canadian officials on each sides of the border have been conversing about options to promote the U.S. on a “Invest in North American” prepare.

BRP final results BRP will launch the final results of its 3rd quarter for fiscal 12 months 2021 on Wednesday. The maker of recreational goods lately settled an ongoing mental residence dispute with rival Arctic Cat.

Small business update Stats Canada is set to release monthly estimates of small business openings and closures for August on Thursday. A the latest StatCan study identified that just about one particular-3rd of businesses do not know how extensive they can retain heading below present conditions introduced by the second wave of COVID-19.

This report by The Canadian Press was initially printed Nov. 22, 2020.