Things to look for in the Canadian business world in the next week

Things to look for in the Canadian business world in the next week

Aviation confab: On Monday, The International Civil Aviation Organization will be continuing its triennial assembly in Montreal. The United Nations agency, which is holding a meeting in part for doing a discussion of ways for bringing a reduction in the environmental impact of the sector. The meeting on Friday was canceled in solidarity with climate demonstrators which were led by Greta Thunberg, a Swedish activist.

Gross Domestic Product stats: On Tuesday Statistics Canada will be releasing gross domestic product data by industry for July. The most recent reading of the agency for real gross domestic product in the 2nd quarter reflected a surprisingly solid turnaround for an economy that was coming off its weakest back-to-back quarters of growth since 2015.

Cenovus outlook: In Toronto, Cenovus Energy will be holding an investor open house on Wednesday, where it will be revealing its five-year outlook. The Calgary-based firm is amongst various oilsands producers who are considering the construction of diluent recovery units as a solution to continuing pipeline project delays.

Pot lookahead: On Thursday, Canaccord Genuity will be holding its 2nd annual United States Cannabis Symposiumday. It was recently stated by Alimentation Couche-Tard Inc. which is a Convenience store giant that it has the desire of being amongst the ‘key players’’ in the North American cannabis market by benefiting from its position in Canada, where it is legalized to use the substance for recreational purposes is legal, for achieving this goal.

Trade numbers: On Friday, Statistics Canada will be releasing Canadian international merchandise trade data for August. Last month it was reported by the agency that the merchandise trade balance of Canada with the rest of the world went from a really balanced position in June to a 1.1bn dollar deficit in July.