Five things to watch for in the Canadian business world in the coming week
The Bank of Canada is shown in Ottawa on Wednesday, April 24, 2019. THE CANADIAN PRESS/Sean Kilpatrick
TORONTO -- Five things to watch for in the Canadian business world in the coming week:
The Bank of Canada will release its business outlook survey and Canadian survey of consumer expectations on Monday. The report comes amid new restrictions meant to slow the spread of the COVID-19 pandemic.
Scotiabank annual meeting
Scotiabank will hold its annual meeting in a virtual format on Tuesday. The big bank reported a first-quarter profit of $2.4 billion earlier this year, topping the same quarter a year earlier before the pandemic began.
Shaw Communications Inc. will report its second-quarter results on Wednesday. The company struck a deal last month to be bought by Rogers Communications Inc.
The Canadian Real Estate Association is expected to release March home sales figures for March on Thursday. The real estate market has been red hot in recent months amid low mortgage rates and increased demand.
Economic data points
Statistics Canada is set to release its monthly survey of manufacturing for February on Thursday followed by wholesale sales figures for the same month on Friday. The data follows a blockbuster jobs report last week that showed the economy added more than 300,000 jobs in March.
This report by The Canadian Press was first published April 11, 2021.