Some of Canada’s largest cities will release their home sales figures for July this week. The Calgary Real Estate Board is expected to release its numbers on Tuesday followed by the Real Estate Board of Greater Vancouver on Wednesday. The Toronto Regional Real Estate Board will release its July home sales numbers on Thursday.Shopify Inc. will report its second-quarter results after markets close on Wednesday.
In June, the company announced it was cutting 1,300 positions, shutting or selling nine radio stations and closing two foreign news bureaus as it also asked the CRTC to waive local news and Canadian programming requirements for its television stations.Enbridge Inc. will report its second-quarter results before markets open on Friday. It marks the first earnings report by the Calgary-based energy company since naming Patrick Murray as its new chief financial officer, which took effect July 1.