This week in canada – week ending – february 14 2016

This week in Canada – Week-Ending –

February 14, 2015By: Paul Young, CPA, CGA

Agenda• New Contracts for Business• Steel Industry• Commodity Prices• Virtual Reality Business• Hydro Power• Equity Markets• China• Housing Prices/Canada• Household Spending

Key Contracts• Bombardier secures $391M Edmonton LRT contract - Canadian

Manufacturing• Feds to invest $837K in Cutler Forest Products (Toronto)• CN details plan to invest $2.9B capital expenditures for 2016• New Flyer bus contract with Los Angeles Transit (Winnipeg, MB)

Steel Sector • Europe and China (Steel Dumping)• Essar (Sault Ste Marie Steel Company) looks for buyer

Commodity Prices

Virtual Reality Business• What is Virtual Reality

• Virtual reality or virtual realities (VR), which can be referred to as immersive multimedia or computer-simulated reality, replicates an environment that simulates a physical presence in places in the real world or an imagined world, allowing the user to interact in that world. Virtual realities artificially create sensory experiences, which can include sight, touch, hearing, and smell.

• Size of Market• $80 Billion• Gaming and entertainment will drive much of the growth, but car makers, retailers and

even interior designers could bank on VR technology• Since 2010, $4 billion in venture capital has flowed into 353 deals in the VR sector,

according to VC and private equity researcher PitchBook. In 2015 alone, $708 million flowed into 144 deals.

Hydro Power Outlook

Equity Markets

China

Housing Prices / Canada

Household Spending/Canada

Household Spending/Canada

US Retail Sales – January 2016