Five things to watch in Canadian business this week:
Alberta Royalties: The province's oilpatch will be closely watching when Alberta's NDP government provides more details about its process to review the royalties paid by oil and gas companies. In June, Energy Minister Marg McCuaig Boyd announced that Dave Mowat, CEO of ATB, will lead the review, but companies are itching to know who else will sit on the panel, how consultations will unfold and when they can expect a decision.
Nine West: Sherson Group, owner of Canadian Nine West stores, is in court starting Thursday regarding its bankruptcy protection filing. The shoe retailer owes $32.2 million to more than 60 different suppliers, lenders and other businesses, according to documents filed earlier this month.
Kinder Morgan: Tuesday is the deadline for people to respond in writing to the National Energy Board's draft conditions for Kinder Morgan's proposed Trans Mountain pipeline expansion. The pipeline company, meantime, has until Thursday to file its written arguments to the energy board. Dozens of participants have dropped out of the controversial NEB review of the Trans Mountain project, saying they can no longer support a "biased" and "unfair" process.
Cord-cutting: The Conference Board of Canada holds a webinar on Thursday entitled Cutting the Cord. Canada's telecommunications giants have been grappling with an exodus of cable subscribers in recent months.
StatCan: The federal agency releases its key inflation measure, the consumer price index, for July on Friday. It's also out with retail trade figures for the month of June.
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