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

TORONTO – Five things to watch for in Canadian business this week:

Alberta royalties and climate change: The Alberta government is expected to provide an update this week on its expert panels that will review policies on climate change and oil and gas royalty rates. The province’s oilpatch will be watching closely.

Housing: Canada Mortgage and Housing Corp. releases its July housing starts on Tuesday. The figures come weeks after the Bank of Canada cut its key interest rate to 0.5 per cent and amid concerns that the real estate market may be due for a correction in Vancouver and Toronto.

Rona: Home renovation company Rona reports its second-quarter results on Tuesday. The Quebec-based retailer said last month it was eliminating its franchise structure by purchasing 20 stores in an effort to more effectively compete with its rivals in the U.S.

Air Canada: Canada’s largest airline will release its second-quarter results on Wednesday. Air Canada has recently reported record traffic and profits, and while higher baggage fees have drawn the ire of some passengers, it says they’re here to stay.

Manufacturing: Statistics Canada will release its manufacturing sales figures for June on Friday. In May, manufacturing sales edged up 0.1 per cent, driven by increases in sectors including aerospace parts, petroleum and coal.