TORONTO — Five things to watch for in the Canadian business world in the coming week:
Bank of Canada governor Stephen Poloz gives a speech to Atlantic Provinces Economic Council and Greater Moncton Chamber of Commerce on Thursday evening. The central bank cited ongoing trade tensions in its Sept. 5 decision to leave its key interest rate target unchanged at 1.5 per cent, but with a tightened labour market and robust growth, Poloz is widely expected to raise the interest rate at an Oct. 24 rate announcement.
BlackBerry Inc. holds its second-quarter conference call on Friday. The company is the subject of a patent infringement complaint from Facebook, which alleges that BlackBerry and its BBM Enterprise instant messaging application is infringing on patents on voice instant messaging technology that Facebook holds.
The International Pipeline Conference kicks off in Calgary on Monday. Held every second year, the conference gets underway just days after Ottawa gave the National Energy Board less than six months to redo its environmental review of the Trans Mountain pipeline expansion to take into account the additional oil tanker traffic off the coast of British Columbia.
Statistics Canada reports its latest reading on the strength of the economy on Friday when the agency releases gross domestic product results for July. Economic growth was essentially unchanged in June, following a 0.5 per cent increase in May.
The Cannabis Hemp Conference and Expo kicks off in Vancouver on Friday. Amid the countdown to pot legalization on Oct. 17, the nascent industry is seeing a renewed surge in pot-related stocks, increasing interest from large alcohol manufacturers, and even job postings for “cannabis connoisseurs.”
The Canadian Press