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

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TORONTO – Five things to watch in the Canadian business world in the coming week:

SEPTEMBER HOUSE SALES

Data on September home sales in Vancouver, Toronto and Quebec will be released on Monday, Tuesday and Wednesday, respectively. The Canadian Real Estate Association recently said it expects tight supply conditions and rising home prices to result in fewer home sales this year than they expected. previously.

SPEECH BY THE GOVERNOR OF THE BOC

Bank of Canada Governor Tiff Macklem is scheduled to deliver a video conference speech to the Council on Foreign Relations on Thursday. The bank’s consumer price index for August hit a nearly two-decade high due to higher prices for items like furniture, gasoline and food. While Macklem has promised the central bank will step in if price pressures become persistent, she sees most of the current problems as temporary.

SPEECH BY THE CEO OF AIR CANADA

Air Canada President and CEO Michael Rousseau will give a talk at the Canadian Club on Thursday. A union representing more than 15,000 flight attendants from nine different Canadian airlines recently said disobedience, rudeness and aggressive behavior by passengers are on the rise and endanger the health and well-being of airline employees. aerial.

SEPTEMBER JOB NUMBERS

Statistics Canada will release its Labor Force Survey for September on Friday. The agency recently reported that the Canadian economy created 90,000 jobs in August, the third consecutive monthly increase, bringing overall employment to 156,000 jobs, or 0.8%, from the level recorded in February 2020 before the start. of the COVID-19 pandemic.

PROFIT MTY

MTY Food Group Inc. is expected to release its third quarter results on Friday. The franchisor and restaurant operator, which suspended its dividend last year when the pandemic forced restaurants to close, resumed its quarterly dividend of 18.5 cents per share in August.

This report by The Canadian Press was first published on October 3, 2021.

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