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

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Finance Minister Chrystia Freeland is expected to deliver a long-awaited update on the health of federal finances on Monday.

The Liberals say the update will provide the government's outlook for the economy and spending guidelines to keep deficits from spiralling out of control. Observers are looking for a plan to manage the near-term impacts of the pandemic and also the longer-term effects it will have on the country.Statistics Canada is set to release gross domestic product figures for September on Tuesday.

Analysts say the optimism expressed by politicians and health officials regarding the efficacy of COVID-19 vaccines won't likely be shared by bank executives, who are still making provisions for credit losses tied to the recession caused by the pandemic.Toronto Regional Real Estate Board releases monthly home sales data on Thursday. Toronto's real estate market fractured in October as buyers favoured suburban neighbourhoods and detached homes while sellers wanted out of downtown condos.

 

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