Calgary Herald

The Canadian Press highlights what to watch this week in business.


1. Sino-Forest

Closing arguments continue in Toronto this week in the Ontario Securities Commission case involving Sino-Forest. Final submission­s are expected from lawyers for the defunct forestry company’s former CEO, Allen Chan, and others facing fraud accusation­s.

2. Energy

More than 200 global smart energy industry stakeholde­rs, developers and service providers meet in Halifax on Monday for the 11th annual Smart Energy Event with the aim of advancing the technology in Atlantic Canada.

3. Valeant

The embattled Quebecbase­d drugmaker is expected to make a few waves next week. CEO Michael Pearson is scheduled to testify Wednesday before a U.S. Senate committee looking into rising drug prices. The company also has a self-imposed deadline of Friday to file its restated 2015 financial statements to regulators.

4. Bombardier

The aerospace manufactur­er holds its annual general meeting Friday in Montreal as it awaits word on whether Ottawa will pony up $1 billion US for its CSeries commercial aircraft.

5. Oilpatch

There’s a slew of activity among companies in the hard-hit oilpatch this week. Husky Energy reports its first-quarter results on Monday, while Suncor and Cenovus are among those reporting on Wednesday. And on Friday, pipeline giant TransCanad­a holds its annual meeting.

 ??  ?? Allen Chan
Allen Chan
 ??  ?? Michael Pearson
Michael Pearson

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