TORONTO – Five things to watch in the Canadian business world in the coming week:
MEG Energy results:
MEG Energy is expected to release its third quarter results on Monday. The Calgary-based company increased its full-year production forecast in July from 91,000 to 93,000 barrels per day, from 86,000 to 90,000, after reporting $ 68 million in net profits in the second quarter on a turnover almost doubled.
The Bank of Canada is scheduled to hold its annual economic conference on Tuesday, focusing this year on “Behavioral Macroeconomics and Finance: Implications for Central Bankers”. Federal Reserve Board, Bank of England, European Central Bank and Bank of Canada.
Canadian Tire Benefits:
Canadian Tire is expected to release its third quarter results on Thursday. The company said in August it had purchased a 25% stake in a British Columbia inland port facility in an attempt to strengthen its supply chain amid global logistics challenges related to the COVID pandemic. 19.
Cineplex Inc. is expected to release its third quarter results on Thursday. The theater operator’s lawsuit against alleged contender Cineworld Group PLC is being watched closely by companies across the country as the ruling could have far-reaching implications for litigation inspired by a pandemic.
Freshii Inc. is expected to hold a third quarter earnings conference call on Tuesday. The Toronto-based company signed an agreement in October to purchase a controlling stake in health and wellness retailer Natura Market ECommerce Inc., with the rights to acquire the remainder of the business until the first. quarter of 2025.
This report by The Canadian Press was first published on November 7, 2021.