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

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Trading is expected to be volatile next week due to low volumes as we head into the holiday season.

The S&P/TSX composite index was up nearly 25 per cent this year, the best performance since 2009, until fears about the Omicron variant caused a 5.4 per cent drop in the Toronto market in just a few days in late November.Statistics Canada is scheduled to release retail sales figures for October on Tuesday. The agency's previous report found that Canadian retail sales fell 0.6 per cent to $56.6 billion in September as sales of new cars slowed amid a shortage of semiconductor chips.

, based company saw its net loss surge to US$144 million in the second quarter as revenues fell 32 per cent. It also announced at that time that John Giamatteo, former president and chief revenue officer at McAfee, had been appointed president of its cybersecurity business effective Oct. 4.Statistics Canada is scheduled to release gross domestic product figures for October on Thursday.

 

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