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:

Markets closed

Canadian markets are closed on Mondays this year because Canada Day falls on a Saturday. US stock markets are open on Monday, but close early for their July 4th holiday and remain closed on Tuesday for the holiday proper.

Home sales

Final home sales for some of Canada’s largest cities are expected this week. Vancouver and Calgary are expected to report June sales on Tuesday, while Toronto is expected to report results on Thursday.

Trade numbers

Statistics Canada will publish its May international trade figures on Thursday. Canada’s merchandise surplus rose to $1.9 billion in April, helped by higher exports of gold, oil, and cars and light trucks.

Richelieu results

Richelieu Hardware Ltd. will announce its second-quarter results Thursday and hold a conference call with investors and financial analysts. The specialty hardware importer, manufacturer and distributor will also discuss its outlook for the rest of the year.

Job numbers

Statistics Canada will release its latest snapshot of the country’s job market when it releases its June Labor Force Survey on Friday. The main economic report comes ahead of the Bank of Canada’s next interest rate decision on July 12.

This report from The Canadian Press was first published on July 2, 2023.

Companies in this story: (TSX:RCH)

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