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

The Hamilton Spectator - - BUSINESS - THE CANA­DIAN PRESS

TORONTO — Five things to watch for in the world of Cana­dian busi­ness this week:

Don’t blame me, I voted for Ko­dos: It won’t be just political junkies feast­ing on the re­sults of the B.C. elec­tion Tues­day. The busi­ness com­mu­nity will be watch­ing the out­come of a cam­paign where NDP Leader John Hor­gan, the chief ri­val of Christy Clark’s Lib­eral govern­ment, has spo­ken out against the ex­pan­sion of the Trans Moun­tain pipe­line and cast doubt over the Site C hy­dro dam.

ABCs — Anger, Bom­bardier, Com­pen­sa­tion: There could be fire­works at Bom­bardier’s an­nual meet­ing Thurs­day in Mon­treal. A month ago, fol­low­ing pub­lic up­roar, the com­pany de­layed plans to give their ex­ec­u­tives a bump in com­pen­sa­tion of nearly 50 per cent. The com­pany has ben­e­fited from fi­nan­cial sup­port from the fed­eral and Que­bec gov­ern­ments.

Open­ing the books: Many may not have heard of Home Cap­i­tal a month ago. How that’s changed. The mort­gage lender has been in the news al­most daily, with cus­tomers yank­ing their de­posits from the com­pany, its stock sink­ing, and an in­ves­ti­ga­tion by the On­tario Se­cu­ri­ties Com­mis­sion un­der­way. On Thurs­day it re­ports its firstquar­ter re­sults, which have been de­layed.

Play­ing hard to get: Pri­vateBan­corp in­vestors will vote Fri­day on CIBC’s $6.8-bil­lion takeover of­fer, which has been sweet­ened twice in re­cent weeks in an at­tempt to win ap­proval by the share­hold­ers of the Chicago-based bank.

Pre­pare for land­ing: Vot­ing ends Fri­day for WestJet pi­lots de­cid­ing whether to union­ize with the Air Line Pi­lots As­so­ci­a­tion. Pi­lots at the Cal­gary-based air­line, Canada’s sec­ond-largest, re­jected a union­iza­tion drive in 2015.

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