TORONTO – Five things to watch for in the Canadian business world in the coming week:RBI respite?
Restaurant Brands International Inc. releases its first quarter financial results on Monday. An Ontario Superior Court judge is expected to approve in the coming days a proposed settlement that will close two cases between RBI and a restive group of Tim Hortons franchisees.
Loblaw Companies Ltd. releases its first-quarter financial results on Wednesday. Canada’s largest grocer reported sluggish same-store sales in its food business during the previous quarter, but touted growth in its online offerings after the company spent the past year prioritizing its digital business.
Suncor Energy Inc. releases first quarter results on Wednesday. As the “go to” name for non-Canadian investors, according to an analyst, an April 23 jump in Suncor’s stock price on back of higher crude oil prices may be an indication that foreign money is returning to Canada’s energy index.
Latest from SNC-Lavalin
SNC-Lavalin will host a conference call regarding Q1 results on Thursday. The Montreal-based construction and engineering firm at the heart of a political controversy recently secured a contract valued at more than $ 1 billion to decommission three nuclear reactors at a power plant in New York.
TransCanada Corp. will hold its annual general meeting on Friday. Higher volumes from its growing stable of oil and gas pipelines in the United States and Canada drove improvements in fourth-quarter earnings and allowed the company to raise its quarterly dividend to 75 cents from 69 cents per share, representing its 19th consecutive annual increase.