June8 , 2023

    Five things to watch for in the Canadian business world in the coming week

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    TORONTO — >
    RATE ANNOUNCEMENT

    The Financial institution of Canada will launch its newest rate of interest choice and financial coverage report on Wednesday. The central financial institution is predicted to maintain its key rate of interest goal on maintain, however economists might be to see its outlook for the economic system as pandemic-related restrictions start to be lifted.

    COUCHE-TARD INVESTOR DAY

    Alimentation Couche-Tard holds a digital investor day on Wednesday. The Quebec-based comfort retailer retailer mentioned final month that it stays on the trail to doubling its pre-tax income by 2023 as its enterprise strikes towards pre-pandemic ranges.

    COGECO RESULTS

    Cogeco Inc. and Cogeco Communications Inc. are to launch their third-quarter outcomes after the shut of markets on Wednesday. Atlantic Broadband, Cogeco’s primary U.S. subsidiary, introduced a deal final month to purchase a broadband system in Ohio from WideOpenWest Inc. for US$1.125 billion.

    ECONOMIC DATA

    Statistics Canada is predicted to launch its month-to-month survey of producing for Might on Wednesday and its Might wholesale commerce knowledge on Friday. CMHC can be scheduled to launch its housing begins knowledge for June on Friday.

    HOME SALES

    The Canadian Actual Property Affiliation will launch its dwelling gross sales figures for June on Thursday. Gross sales in Might fell in contrast with April, however the affiliation mentioned it nonetheless expects the variety of gross sales this 12 months to set a brand new file.