Canada

Five things to watch this week in Canadian business

In the news this week: CRTC, Rogers, GDP

THE CANADIAN PRESS/Sean Kilpatrick

THE CANADIAN PRESS/Sean Kilpatrick

TORONTO — Five things to watch this week in Canadian business:

CRTC

Channel Zero, owner of Hamilton’s CHCH-TV whose new operation was gutted late last year, will make a presentation Monday at the opening of hearings being held by the Canadian Radio-television and Telecommunications Commission on local and community television programming. Nearly 130 full-time and almost 40 part-time on-air news personalities, producers and camera operators at CHCH lost their jobs in December.

Valeant in D.C.

Howard Schiller, the interim CEO of Valeant Pharmaceuticals, testifies before the U.S. Congress on Tuesday. Congress wants Valeant and some other drug companies to explain how they bought the rights to a number of long-standing prescription drugs and then hiked their prices.

Energy

Peter Watson, chairman and CEO of the National Energy Board, talks to the Toronto board of trade Wednesday, where he’ll release a report on the country’s energy future. On Thursday, the Canadian Nuclear Safety Commission holds a public meeting in Ottawa on a recent uranium spill in Saskatchewan.

Rogers

The telecommunications giant, which owns Maclean’s, releases its fourth-quarter results on Wednesday prior to the markets opening. Rogers, along with Bell and Telus, have raised or plan to raise the prices of their wireless packages and have warned of increases to home phone and Internet prices in February.

GDP

Statistics Canada releases the gross domestic product by industry for November on Friday. The eagerly anticipated GDP figures are a key indicator of the country’s economic well-being.

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