Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week:
The Toronto Stock Exchange will be closed on Monday for the Thanksgiving Day holiday. U.S. markets will remain open.
Aritzia Inc. is set to report Q2 results on Wednesday. The Vancouver-based clothing retailer swung to a $17.9-million profit in the first quarter as revenues more than doubled from a year ago despite a majority of its Canadian stores being closed.
The Ontario Securities Commission will host a roundtable on diversity in capital markets on Wednesday. An April study from the Conference Board of Canada found women only held 15 per cent of board seats in 2018 — an increase of just four percentage points from 2015, when comply or explain requirements were launched in many provinces and territories.
Pediatric vaccine submission:
Pfizer is expected to file a submission to Health Canada next week for approval to release a COVID-19 vaccine for children under 12. The pediatric data on kids between five and 11 showed a safe and strong immune response from two doses, which are one-third the size given to teens and adults.
Cineworld back in court:
Cineworld CFO Nisan Cohen continues his testimony at the Ontario Superior Court of Justice on Tuesday and Wednesday. The U.K. cinema chain's CEO Moshe “Mooky'' Greidinger testified Wednesday that he was planning to sell off Cineplex Inc.'s RecRoom and signage business in a secret initiative he called “Project Jumanji” before Cineworld backed out of its deal to acquire Cineplex.
This report by The Canadian Press was first published Oct. 10, 2021.
The Canadian Press