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

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This week in Canadian business news, Finance Minister Chrystia Freeland will release her first budget, the Bank of Canada will put out interest rate decision and monetary policy report and Statistics Canada will release its reading on inflation.

Finance Minister Chrystia Freeland will release her first budget on Monday. It has been more than two years since the federal Liberals have delivered a budget. They skipped last year due to what the government said was the uncertainty caused by the pandemic.Canada Mortgage and Housing Corp. will release housing starts for March on Monday. The annual pace of housing starts slowed in February even as the housing market in Canada remained red hot.

No change is expected in the central bank's key interest rate target, but the monetary policy report will include an update to its forecast for the economy after a stronger-than-expected to start to the year.Statistics Canada will release its reading on inflation for March on Wednesday. The consumer price index in February was up 1.1 per cent compared with a year earlier as higher gasoline prices helped push the annual rate up from a 1.

 

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The government is literally shutting down small businesses, as they prop up zombie companies and banks with quantitative easing

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