TORONTO — Five things to watch for in the Canadian business world in the coming week:
Home Sales
Some of Canada’s largest cities are reporting their February home sales this week. Greater Vancouver Realtors is expected to release sales figures on Monday, while the Toronto Regional Real Estate Board is expected to do so on Tuesday.
Banking Conference
The RBC Global Financial Institutions Conference will take place on Tuesday and Wednesday. The annual conference is expected to feature top executives from major Canadian banks and other financial institutions.
Cenovus Investor Day
Cenovus Energy Inc. will hold its annual investor day in Toronto on Tuesday. Company executives will provide institutional investors and analysts with an update on its latest strategy, outlook and operations.
Tariff announcement
The Bank of Canada will make its interest rate announcement on Wednesday morning. The rate decision comes after Statistics Canada reported that the annual inflation rate fell to 2.9 percent in January, compared with 3.4 percent in December.
Order numbers
Statistics Canada will release its labour force survey for February on Friday. The Canadian economy added 37,000 new jobs in January, while the unemployment rate fell 0.1 percentage points to 5.7 per cent, the first decline since December 2022.
This report by The Canadian Press was first published March 3, 2024.
Companies in this story: (TSX:CVE)
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