TORONTO — Five key developments to monitor in Canada’s business landscape over the coming week: A postal strike involving about 55,000 Canada Post workers in its third week poses a threat to the crucial holiday season. Federal Minister Steven MacKinnon has temporarily halted mediation after noting a lack of progress in negotiations, ruling out the possibility of sending the dispute to binding arbitration. Canada’s major banks will announce their fourth-quarter and full-year earnings this week.
Scotiabank will kick off the reporting season on Tuesday, followed by Royal Bank of Canada and National Bank of Canada on Wednesday, and Toronto-Dominion Bank, BMO Financial Group, and CIBC on Thursday. Dollarama Inc. plans to release its third-quarter results on Wednesday morning, during the peak of the holiday shopping season. Statistics Canada will publish the November labor force survey on Friday, providing an update on the country’s job market. The report precedes the Bank of Canada’s interest rate decision on December 11. BRP Inc. will disclose its third-quarter financial results and host a conference call with analysts on Friday morning. The company previously announced its intention to sell its underperforming boat brands and related marine businesses
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