Five things to watch in the Canadian business world in the week ahead
TORONTO – Five things to watch in the Canadian business world in the coming week:
International merchandise trade figures for January are due from Statistics Canada on Tuesday. Canada posted a deficit of $137 million in December, as imports rose 3.7% and exports fell 0.9%.
RBC Capital Markets holds its Global Financial Institutions Conference on Tuesday and Wednesday. The conference, which is expected to feature senior executives from major Canadian banks and other businesses, follows the Bank of Canada’s first interest rate hike in two years in its bid to rein in inflation.
Auto parts company Linamar Corp. will release its fourth-quarter results on Wednesday after the markets close and hold a conference call with financial analysts. The company said in January that supply chain and labor availability constraints had deteriorated, hurting both revenue and margins.
Statistics Canada will release its February jobs report on Friday. The agency reported that the economy lost 200,000 jobs in January as public health restrictions reduced capacity limits or forced the closure of businesses such as restaurants, bars, music venues and gyms.
Statistics Canada will release its latest reading on household debt on Friday as part of its fourth quarter report on the national balance sheet and financial flow accounts. The report includes the much-watched household debt-to-income ratio, which measures how much Canadians owe relative to their income.
This report from The Canadian Press was first published on March 6, 2022.
Companies in this story: (TSX:LNR)