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

📆 2/9/2567 23:41:00
📰 timescolonist

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Five things to watch for in the Canadian business world in the coming week, including a Bank of Canada interest rate decision on Wednesday.

The Bank of Canada will announce its interest rate decision on Wednesday. The central bank's key interest rate target sits at 4.5 per cent after quarter-point cuts in June and July. Canada’s annual inflation rate fell to 2.5 per cent in July, solidifying expectations for a third consecutive rate cut in September.Alimentation Couche-Tard Inc.

Investors will hear from top executives from across the financial sector on Wednesday and Thursday at Scotiabank's annual Financials Summit. The chief executives of Canada's big banks are expected to be among those to present at the conference.Statistics Canada will release its labour force survey for August on Friday. The Canadian economy lost 2,800 jobs in July as the unemployment rate held steady at 6.4 per cent.BRP Inc.

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