Five things to watch for in the Canadian business world in the coming week
Posted Oct 2, 2022 02:00:00 PM.
TORONTO — Five things to watch for in the Canadian business world in the coming week:
Home sales
Some of Canada’s biggest cities are expected to release their home sales figures for September this week. The Calgary Real Estate Board will release their numbers on Monday followed by the Real Estate Board of Greater Vancouver on Tuesday. Figures for the province of Quebec and the Toronto Regional Real Estate Board are expected on Wednesday.
Trade numbers
Statistics Canada will release its international merchandise trade figures for August on Wednesday. The country’s merchandise trade surplus fell to $4.1 billion in July as lower prices weighed on the total value of exports for the month.
OSC and crypto
Ontario Securities Commission chief executive Grant Vingoe will discuss regulatory oversight of the crypto industry and why it is critical for capital markets at the Economic Club of Canada on Thursday. The speech is titled Buyer Aware: Applying essential protections to the crypto world.
Macklem speech
Bank of Canada governor Tiff Macklem will give a speech to the Halifax Chamber of Commerce on Thursday. The central bank committed last week to start publishing detailed summaries of its monetary policy deliberations next year following a recommendation from the International Monetary Fund which reviewed the bank’s transparency practices.
Job numbers
Statistics Canada will release its labour force survey for September on Friday. The economy lost 40,000 jobs in August as the unemployment rate rose to 5.4 per cent compared with 4.9 per cent in July.
This report by The Canadian Press was first published Oct. 2, 2022.
The Canadian Press
