TORONTO – Five things to watch this week in Canadian business:
Energy East: Quebec’s environmental review agency continues to hold hearings in Montreal this week into TransCanada’s Energy East project. The Quebec government recently filed an injunction that would force TransCanada to submit an impact study and undergo an evaluation before proceeding with its pipeline construction through the province.
Fashion: Toronto Fashion Week kicks off Monday, featuring a roster of Canadian designers as they showcase their fall/winter 2016 collections.
Valeant: The CEO of the embattled pharmaceutical giant, J. Michael Pearson, holds a conference call Tuesday to discuss the company’s 2015 results and to update its outlook for 2016. Pearson recently returned to work following a two-month medical leave from Valeant, which is being investigated by the U.S. Securities and Exchange Commission.
Arctic: The two-day annual Arctic Oil and Gas Symposium begins Wednesday in Calgary. The conference brings together industry players, community leaders and government officials involved in developing natural resources in Canada’s North.
Inflation: On Friday, Statistics Canada releases the consumer price index for February. The inflation rate has been inching upwards, spurred by soaring fruit and vegetable prices.