March 2, 2022

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

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

Corus earnings:

Corus Entertainment Inc. will hold a call to discuss its third-quarter results on Tuesday. Executives announced June 9 that “Big Brother Canada” will return for a 10th season as part of a lineup that is “flush with shows” after a dearth of programming from last year’s pandemic production delays.

Shopify conference:

The Shopify Unite developers conference will begin on Tuesday. Chief executive Tobi Lutke and president Harley Finkelstein said in April that early patterns emerging in lockdown-free countries like New Zealand and Australia show consumers have embraced e-commerce even after COVID-19 restrictions are lifted and they expect North America to eventually see the same.

Couche-Tard results:

Alimentation Couche-Tard will report Q4 results on Tuesday. The Quebec-based convenience store operator reported in March that third-quarter revenues dropped nearly 21 per cent as fuel volumes plunged 20 per cent in North America during COVID-19.

April GDP numbers:

Statistics Canada is set to release gross domestic product by industry figures for April on Wednesday. The agency reported in April that the Canadian economy grew at an annual rate of 6.5 per cent through the first quarter of the year, bringing the country tantalizingly close to reaching pre-pandemic output.

Shaw Q3 earnings:

Shaw Communications will release its third-quarter results on Wednesday. The Calgary-based telco’s Freedom Mobile business was noticeably absent from a federal spectrum auction that kicked off June 14, as Rogers Communications’ $26-billion takeover offer for Shaw undergoes regulatory scrutiny.

This report by The Canadian Press was first published June 27, 2021.

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