The Hamilton Spectator

Five things to watch for in business

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TORONTO — Five things to watch for in business this week:

Bank of Canada reveals business outlook. The central bank’s quarterly survey of companies is released on Monday, and will hopefully provide a clearer picture of Canada’s business climate. The bank’s previous survey showed optimism remained intact despite higher interest rates.

RBC CEO at the mic. Royal Bank of Canada president and CEO Dave McKay gives a speech at the RBC Capital Markets Canadian Bank CEO Conference on Tuesday in Toronto. RBC was on the defensive last week after its discount brokerage platform broke down amid unpreceden­ted volatility in cannabis stocks.

What’s next for Valeant? Valeant Pharmaceut­icals CEO Joseph Papa will speak at the J.P. Morgan Healthcare Conference on Wednesday in San Francisco. Valeant agreed in December to pay US$96.25 million to settle lawsuits filed in the wake of the unsuccessf­ul attempted hostile takeover in 2014 of Botox maker Allergan Inc.

All the news that’s fit to print. Postmedia Network Canada Corp. discusses first-quarter results on Thursday. The media company announced a deal in late 2017 with Torstar Corp. involving a swap of 41 newspapers, 36 of which were promptly closed down at a cost of nearly 300 jobs.

Shaw looks ahead to 2018. Cable TV and broadcasti­ng giant Shaw Communicat­ions Inc. will discuss first-quarter results on Thursday. The company’s former CEO and vice-chair, Jim Shaw, died on Jan. 3 after a brief illness.

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