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Five Things to Watch for in the Canadian Business World in the Coming Week
Statistics Canada is expected to show inflation at 2.5% as Metro and Rogers report results before the Bank of Canada’s April 29 decision.
- Canadian investors face a busy week ahead, with Statistics Canada releasing the March consumer price index on Monday alongside major quarterly earnings and February retail trade figures later this week.
- Statistics Canada will publish the consumer price index for March on Monday as economists expect the annual inflation rate to climb to 2.5 per cent from 1.8 per cent in February, driven by higher oil prices pushing gasoline costs up.
- Ahead of the April 29 interest rate announcement, the Bank of Canada will release its business outlook survey and consumer expectations on Monday, providing crucial sentiment data before the central bank's policy decision.
- Metro Inc. and Rogers Communications Inc. report their latest quarterly results before markets open Wednesday. Metro has grown its discount grocery footprint while Rogers expanded satellite-to-mobile coverage through a T-Mobile partnership.
- Retail trade figures for February are scheduled for release on Friday, with preliminary estimates showing a 0.9 per cent sales increase building on January's 1.1 per cent growth to $70.7 billion.
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Five things to watch for in the Canadian business world in the coming week
TORONTO
·Toronto, Canada
Read Full ArticleFive things to watch for in the Canadian business world in the coming week – 105.9 The Region
TORONTO — Five things to watch for in the Canadian business world in the coming week: Inflation Statistics Canada will release its latest reading for inflation on Monday when it publishes its consumer price index for March. The annual inflation rate is expected to rise to 2.5 per cent compared with the 1.8 per cent result in February as higher oil prices pushed up the cost of gas. Bank of Canada The Bank of Canada will publish its business outlo…
Coverage Details
Total News Sources12
Leaning Left9Leaning Right0Center1Last UpdatedBias Distribution90% Left
Bias Distribution
- 90% of the sources lean Left
90% Left
L 90%
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