What To Watch Out For in Canadian Business This Week

The real estate market is buzzing with gossip about the Ontario Housing Summit that will be taking place on Tuesday, with an event the day after which will be held by the Economic Club of Economic of Canada including Canadian Real Estate Association and Scotiabank’s chief economist

At the Global Petroleum Show to be hosted in Calgary, Alberta Premier Rachel Notley will be present as the keynote speaker at the event. This is an opportunity for Notley to have their message delivered to British Columbia. The future of the province political heading is still unknown, with the Greens and NDP aimed at getting rid of the leading Liberals from power, a decision that would cost the energy industry in Alberta.

The International Economic Forum of the Americas which started on the 12th of June in Montreal will last for four days. Group leaders from the business world, the federal minister of finance, international trade and foreign affairs together with the CEO of Quebec pension fund manager Caisse de depot, Michael Sabia, the co-CEO of Power Corp, Paul Desmarais Jr. and the CEO of the National Bank, Louis Vachon will be present at the gabfest.

The yearly meeting of Hudson’s Bay will be held in Toronto, this came in light of the department store giant (the oldest company in North America) which proclaimed about 2,000 downsized in response to few of the obstacles in the retail sector, most specifically the increase in virtual shopping.

During the course of this week, the Mayors of Dallas and Fort Worth, Texas will be in Montreal and Toronto to encourage opportunities in tourism, trade and other business prospects. A bunch of meeting has been scheduled together with Ontario Premier Kathleen Wynne who has threatened to inflict protective means if the Buy American legislation is licensed.