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

Several REITs are scheduled to release second-quarter financial results, with RioCan real estate investment trust set for Tuesday. Public health restrictions on shops and restaurants made the pandemic a difficult time for the sector, but RioCan CEO Jonathan Gitlin said in June that he’s now seeing much less ambiguity in the retail sector.Article contentExpect to learn more about how food inflation is affecting the bottom line for Canadian grocery stores when Metro Inc.

Metro competitor Loblaw said last month that its customers were less eager to spend on its Joe Fresh clothing line and other non-food products.Cineplex Inc. is scheduled to report its second-quarter results and discussion with analysts on Thursday. The cinema and entertainment company saw a significant revenue climb in the first three months of the year compared with 2021, when many movie theatres were closed or operating at reduced capacity.

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Five things to watch for in the Canadian business world in the coming weekFood inflation, commercial real estate and recourse earnings are among the top things to keep an eye on in Canadian business in the week to come
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

Ottawa realtor addresses five current myths with the housing marketThe dizzying two years of a record-setting sales pace in Ottawa’s real estate market has certainly slowed and realtors describe a return to normal levels. ottnews Let's see how well this holds up, shall we? RemindMe_OfThis in six months. I think asking a realtor uncritically about how the Housing Market is doing is a dumb idea. They're invested in it being profitable.
Источник: ctvottawa - 🏆 29. / 67 Прочитайте больше »