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Alberta

Five things to watch for in the Canadian business world in the coming week

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TORONTO — Five things to watch for in the Canadian business world in the coming week:

Tilray results

Cannabis company Tilray Brands Inc. will report its latest quarterly results after the close of trading on Monday. The results come after the CEO of rival Hexo Corp. said earlier this year that a “price war” has taken shape in the Canadian cannabis industry and could cause “significant” damage.

Laurentian Bank annual meeting

Laurentian Bank of Canada will hold its annual meeting of shareholders on Tuesday. The Montreal-based bank reported earlier this year that its first-quarter profit fell compared with a year earlier as its provisions for credit losses ticked higher. 

Rate announcement

The Bank of Canada will make its next interest rate announcement and release its updated forecast for the economy in its monetary policy report on Wednesday. The central bank is widely expected by economists to keep its key interest rate target on hold at 4.5 per cent, but its view of how the economy is unfolding will be scrutinized.

Rogers CEO speech

Rogers Communications chief executive Tony Staffieri is scheduled to give a speech in Toronto to the Canadian Club on Wednesday. Rogers completed its takeover of Shaw Communications Inc. last week, more than two years after the deal was first announced and only after making a series of commitments to the government designed to ensure competition in the wireless sector. 

Home sales

The Canadian Real Estate Association will release its figures for home sales in March on Friday. The association’s report for February found sales for that month were down 40 per cent from a year ago and at levels not seen since before the pandemic as new listings and prices also dropped.

This report by The Canadian Press was first published April 9, 2023.

Companies in this story: (TSX:TLRY, TSX:LB, TSX:RCI.B)

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Alberta

Bonnyville RCMP targeted by suspect driving a trackhoe

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From Bonnyville RCMP

On May 3, 2025, at approximately 6:55 p.m., a male suspect drove a stolen trackhoe into the parking lot of the Bonnyville RCMP. The suspect dumped several boulders in front of the prisoner bay and then proceeded to damage 5 police vehicles, which were parked in the lot. The suspect then fled on foot.

Bonnyville RCMP, Police Dog Services and RPAS (drone), searched for the suspect and he was quickly located in a tree line just north west of the detachment. He was arrested and is currently in custody pending a Judicial
Interim Release Hearing.  

The suspect cannot be named at this point as the charges have not been sworn before the courts. An updated media release is expected in the coming days.

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Alberta

Pierre Poilievre will run to represent Camrose, Stettler, Hanna, and Drumheller in Central Alberta by-election

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From LifeSiteNews

By Anthony Murdoch

Conservative MP-elect Damien Kurek announced Friday he would be willing to give up his seat as an MP so Pierre Poilievre, who lost his seat Monday, could attempt to re-join Parliament.

Conservative MP-elect Damien Kurek announced Friday he would be willing to give up his seat in a riding that saw the Conservatives easily defeat the Liberals by 46,020 votes in this past Monday’s election. Poilievre had lost his seat to his Liberal rival, a seat which he held for decades, which many saw as putting his role as leader of the party in jeopardy.

Kurek has represented the riding since 2019 and said about his decision, “It has been a tremendous honor to serve the good people of Battle River—Crowfoot.”

“After much discussion with my wife Danielle, I have decided to step aside for this Parliamentary session to allow our Conservative Party Leader to run here in a by-election,” he added.

Newly elected Prime Minister of Canada Mark Carney used his first post-election press conference to say his government will unleash a “new economy” that will further “deepen” the nation’s ties to the world.

He also promised that he would “trigger” a by-election at once, saying there would be “no games” trying to prohibit Poilievre to run and win a seat in a safe Conservative riding.

Poilievre, in a statement posted to X Friday, said that it was with “humility and appreciation that I have accepted Damien Kurek’s offer to resign his seat in Battle River-Crowfoot so that I can work to earn the support of citizens there to serve them in Parliament.”

 

“Damien’s selfless act to step aside temporarily as a Member of Parliament shows his commitment to change and restoring Canada’s promise,” he noted.

Carney said a new cabinet will be sworn in on May 12.

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