Business

Five things to look out for in the Canadian business world in the coming week

TORONTO – Five things to watch out for in the Canadian business world in the week ahead:

Collision Technology Conference

Global technology conference Collision kicks off Monday in Toronto. This year’s conference will feature hundreds of speakers, including Artificial Intelligence leader Geoffrey Hinton and Amazon Web Services CEO Adam Selipsky.

Grocery list

The Competition Bureau will publish its retail market research on Tuesday. The federal regulatory agency launched its grocery competition survey last October with the aim of exploring how governments across Canada can act to promote more competition in the food industry.

Couche-Tard Results

Alimentation Couche-Tard Inc. will publish its fourth-quarter and full-year results on Tuesday after financial markets close. The supermarket chain will hold a conference call with investors and financial analysts on Wednesday morning.

Economic data

Two key economic data points are expected this week. Statistics Canada will release its latest inflation figures on Tuesday when it releases its consumer price index for May. The other report investors will be looking forward to is gross domestic product according to industry data for April on Friday.

Bank of Canada Prospects Survey

The Bank of Canada will release its business outlook survey and its Canadian consumer expectations survey on Friday. Earlier this month, the central bank raised its policy rate by a quarter of a percentage point to 4.75 percent to bring inflation back to its target of two percent.

This report from The Canadian Press was first published on June 25, 2023.

Companies in this story: (TSX:ATD)

See also  Hundreds of workers lose jobs at Amazon Prime Video, MGM Studios and Twitch

Related Articles

Leave a Reply

Back to top button