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

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TORONTO — Five things to watch for in the Canadian business world in the coming week: Inflation Statistics Canada will release its consumer price index for April on Tuesday. The reading comes after the annual inflation rate ticked up to 2.

Statistics Canada will release its consumer price index for April on Tuesday. The reading comes after the annual inflation rate ticked up to 2.9 per cent in March compared with 2.8 per cent in February. The April reading on how fast the cost of living is rising will be closely watched by the Bank of Canada ahead of its interest rate decision on June 5.Suncor Energy Inc. will hold a webcast to provide its near term business outlook.

WestJet Group CEO Alexis von Hoensbroech will give a speech to the Calgary Chamber of Commerce on Wednesday. The airline chief is expected to offer a progress report on the company's growth strategy. The speech comes ahead of the busy summer travel season.The Canada Pension Plan Investment Board is expected to release its year-end results and annual report on Wednesday.

 

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