5 Things to look out for in Canadian business this week!
BMO, Scotiabank and TD will be releasing their most recent quarterly results; Valeant Pharmaceuticals, SNC-Lavalin and George Weston are giving us an unwavering flow of earnings.
Federal Finance Minister Bill Morneau is going to Washington, D.C. to meet with his American counterpart, Steven Mnuchin.
The Economic Club of Canada will host the president of Bell Media, Mary Ann Turcke for a luncheon speech tomorrow in Toronto. She is said to speak on the future of the country’s media industry.
On Wednesday, the Central Bank of Canada will announce the latest interest rate decisions. Everyone is not expecting the interest rate to change from what it currently is—.5%. However, every statement will be broken down by economists—essentially reading between the lines.
On the Thursday, the deputy governor, Timothy Lane, will giving a speech in Montreal on the financial sustainability; and on Friday, the senior deputy governor, Carolyn Wilkins, goes to the Yale Law School in New Haven, Connecticut to be on a panel discussion.
Statistics Canada will releasing the GDP numbers for the 4th quarter of 2016 but it said to be good news for the most part. In the previous quarter, the Canadian economy grew at a pretty fast pace in more than 2 years expanding the annual rate of 3.5%.
