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

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The Bank of Canada is set to release its interest rate decision and monetary policy report on Wednesday.

Economists increasingly expect the Bank of Canada to raise interest rates after Statistics Canada reported on Jan. 19 that the annual pace of inflation climbed in December to 4.8 per cent, a pace that hasn't been seen since September 1991.The Toronto-based telecom giant announced on Jan. 10 that it had appointed former chief financial officer Tony Staffieri permanent president and chief executive officer.

Staffieri replaced Joe Natale, who left the company in November amid a family squabble between chairman Edward Rogers and his mother and two sisters, who are also board members.The Calgary-based railway completed its acquisition of Kansas City Southern on Dec. 14, 2021, paving the way for North America's only railroad that stretches across all three countries.

The U.S. transportation regulator is reviewing the transaction and expects to make a final decision later this year.

 

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