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

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The Bank of Canada is scheduled to make its latest interest rate announcement on Wednesday. The central bank is widely expected to keep its key rate on hold at 0.25 per cent, however economists will be looking for any comments it has about its outlook for the economy.

Bank of Canada deputy governor Tony Gravelle is to make a speech to the Greater Sudbury Chamber of Commerce the day after the rate announcement on Thursday.Luxury parka company Canada Goose Holdings Inc. will report its fourth-quarter and full-year results and hold a conference call with financial analysts on Wednesday. The company cut 125 staff in May in a move to address the impact of the pandemic.

The company said in March that demand for dairy products at retail stores spiked amid the COVID-19 outbreak while orders from food-service operators all but disappeared, aside from quick-service restaurants that continued to serve takeout.Statistics Canada will release the international merchandise trade figures for April on Thursday. The country's trade deficit grew to $1.4 billion in March as both exports and imports fell due to the COVID-19-related economic slowdown.

 

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Could you ask pm Trudeau why the govt does not issue currency without debt? Why do we borrow our own currency from a private bank that is owned by the private family called Rothchilds in the UK? It does not make sense. And we pay massive taxes to pay down the interest?Thank you.

No gold in Canadian vaults. Watch for the price of gold to go skywards & justin sold all we had left. The finishing touches on his dad's work for communism

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