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

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Here are five things to watch for in the Canadian business world in the coming week.

The Bank of Canada will release its business outlook survey and Canadian survey of consumer expectations on Monday. The report comes amid new restrictions meant to slow the spread of the COVID-19 pandemic.Scotiabank will hold its annual meeting in a virtual format on Tuesday. The big bank reported a first-quarter profit of $2.4 billion earlier this year, topping the same quarter a year earlier before the pandemic began.Shaw Communications Inc. will report its second-quarter results on Wednesday.

The company struck a deal last month to be bought by Rogers Communications Inc.The Canadian Real Estate Association is expected to release March home sales figures for March on Thursday. The real estate market has been red hot in recent months amid low mortgage rates and increased demand.Statistics Canada is set to release its monthly survey of manufacturing for February on Thursday followed by wholesale sales figures for the same month on Friday.

 

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Should read: 1- “outlook” is a guess, because we havnt had a budget in years 2-scotia bank keeps giving low interest loans to idiots 3-shaw/rogers were always the same,now itll be official 4-yup.... still a bubble 5-the economy is in big shit! Inflation is around the corner 😉

Interesting how so many have made record profits or planned acquisitions, while taking wage benefits from the tax payer during the past year. Meanwhile, others have been forced to shoulder the pandemic, with increasing debt due to being restricted from earning.

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