Five Key Business Issues in Canada This Week: Postal Strike and More

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Postal Strike,Bank Earnings,Canadian Business

Five main issues in the Canadian business world for the coming week include a continuing postal strike affecting the holiday season, upcoming earnings reports from major banks, and quarterly results from Dollarama Inc.

A strike by about 55,000 workers at Canada Post is in its third week and is threatening the key holiday season as Canadians hold off on mailing cards and gifts or search for alternatives. Federal Labour Minister Steven MacKinnon temporarily suspended mediation last week after he said negotiations had not budged, but the minister has said sending the matter to binding arbitration"is not in the cards.

will report its third-quarter results on Wednesday morning before markets open. The results for the discount retailer come as the busy holiday shopping season is underway.Statistics Canada will release its latest snapshot of the job market in Canada on Friday when it publishes its labour force survey for November. The report comes ahead of the next Bank of Canada interest rate decision on Dec. 11. The Canadian economy created 15,000 jobs in October as the unemployment rate held steady at 6.

 

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