TORONTO — Five things to watch in the Canadian business world in the coming week:
Banking Conference
The Scotiabank Financial Summit will take place this week. Some of the biggest names in the Canadian financial sector are expected to present at the investment conference on Wednesday and Thursday.
Tariff announcement
The Bank of Canada will make its final interest rate announcement on Wednesday, followed by a speech by Senior Deputy Governor Carolyn Rogers on Thursday. The central bank raised its main interest target by one percentage point to 2.50% in July and is expected to hike rates again as it struggles to tackle inflation which is at its peak. high level for decades.
Commercial numbers
Statistics Canada will release its international merchandise trade and services trade figures for July on Wednesday. The figures will help fill in some details on how the economy fared in July after an early estimate from the agency suggested it contracted 0.1% for the month.
Jobs Report
Statistics Canada will release its August Labor Force Survey on Friday. The Canadian economy lost 31,000 jobs in July, while the unemployment rate held steady at 4.9% for the month. It was the second month in a row to show a loss in the number of jobs.
Dollarama Results
Dollarama Inc. will release its second quarter results on Friday. The discount retailer reported sales and profit growth earlier this year as pandemic restrictions were lifted and shoppers sought bargains in the face of rising inflation.
This report from The Canadian Press was first published on September 4, 2022.
Companies in this story: (TSX: DOL)
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