Five business events to watch this week
DHX's doldrums: DHX Media discusses third-quarter results on Monday. Executive chairman Michael Donovan recently said the company's strategic review of its options will be complete by June 30, which he hopes will have a positive effect on DHX's share price.
Meet the new Valeant: Valeant Pharmaceuticals CEO Joseph Papa presents at the Bank of America Merrill Lynch Healthcare Conference in Las Vegas on Wednesday. The company announced May 8 that it is changing its name to Bausch Health Companies as it works to move beyond the issues that tarnished its reputation and caused its market value to plummet.
Manufacturing numbers: Statistics Canada releases the monthly survey of manufacturing for March on Wednesday. Manufacturing sales increased 1.9 per cent to $55.8 billion in February, following two-consecutive monthly decreases.
A look at the national nest egg: The Canada Pension Plan Investment Board releases 2018 results on Thursday. CPPIB CEO Mark Machin said in February that a recent decline in global stock prices may be an opportunity to get better prices for investments it wants to make.
Inflation update: Statistics Canada releases the consumer price index for April on Friday. Figures for March revealed that Canada's annual inflation rate continued to creep higher to hit 2.3 per cent. The March figure showed the pace of inflation inched a little farther past the midpoint of the central bank's ideal range of between 1 and 3 per cent.