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

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From Shopify results to home sales, here are five things to watch for in the Canadian business world in the coming week:

TC Energy Corp. will release its fourth-quarter financial results on Tuesday. The company said last week that the cost of cleanup and remediation of an oil spill from its Keystone pipeline in December would be about US$480 million. TC Energy says the leak happened due to a combination of factors, including bending stress on the pipe and a welding flaw.The Canadian Real Estate Association is expected to release its January home sales figures on Wednesday.

has said it expects home sales in 2023 to decline 0.5 per cent compared with 2022, while the national average home price is forecast to decline 5.9 per cent on an annual basis to $662,103 this year.Shopify Inc. will announce financial results for its fourth quarter after markets close on Wednesday. The company announced more than 100 new product updates last week, including several aimed at helping retailers reach more customers, make checkout easier and better manage shipping.

 

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