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

1. Canada's counter-tariffs against the U.S. will take effect on Tuesday. Nearly $28 billion worth of U.S. products will be subject to tariffs, following trade talks breaking down between the two nations last month.

2. Scotiabank will host its annual global banking and markets financial summit on Wednesday. The event will feature presentations from banking and financial services leaders, as concerns grow over the Canadian economy due to the ongoing trade war with the U.S.

3. Transat A.T. Inc. will release its third-quarter financial results and hold a conference call with investors and analysts on Thursday. The company disclosed in September that it was discussing potential solutions with the federal government after experiencing the highest jet fuel costs in its third quarter due to the Iran war's impact.

4. Empire Co. Ltd., which operates grocery stores such as Sobeys, Safeway, FreshCo, and Farm Boy, will release its first-quarter financial results and hold an annual meeting on Thursday. The company has been expanding its store footprint and pharmacy presence over the next three years.

5. Unifor has set a Friday deadline to reach a tentative agreement with U.S. automaker Stellantis. The union is concerned about the future of Stellantis' assembly plant in Brampton, Ontario, which has been closed since 2023.