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Business: 5 things to watch

Five things to watch this week in Canadian business:

Closed for holidays: Stock markets in Toronto and New York will be closed Monday, The United States will be marking Presidents Day while many Canadians will be off for various provincial holidays, including Family Day in Ontario.

Economic data: After a relatively sleepy week, Canadian economic data begins flowing again. Statistics Canada will release the latest wholesale trade figures on Monday, retail trade figures on Wednesday and the consumer price index on Friday.

B.C. budget: What goodies await British Columbians when the provincial government delivers its budget come Tuesday? Premier Christy Clark is on record saying it's time for the province give back to taxpayers. The fiscal plan comes three months before she seeks re-election in May.

The bottom line: It's another heavy earnings week. Some of the heavyweights include Loblaw, CIBC and Royal Bank.

Rail and drug talk: Two Canadian corporate titans are giving talks in the U.S. on Thursday. Keith Creel, CEO of Canadian Pacific Railway, speaks at the Barclays Industrial Select Conference in Miami Beach. In New York, Valeant Pharmaceuticals CEO Joseph Papa will give a speech at the 2017 RBC Capital Markets' Healthcare Conference.



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