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

TORONTO -- Five things to watch for in the Canadian business world in the coming week:
Wilkins speech
Bank of Canada senior deputy governor Carolyn Wilkins will speak on Wednesday before the Economic Club of Canada on central banking in a slow-growth world. The central bank kept its key interest rate on hold at 1.75 per cent in the face of a slower-than-expected start to 2020 for the Canadian economy, but governor Stephen Poloz left the door open to a rate cut if the weakness is more persistent than expected.
Suncor results
Suncor Energy Inc. is scheduled to release its fourth-quarter and full-year results on Wednesday after the close of trading and hold a conference call with financial analysts on Thursday morning. The oilsands giant said in December that it expected to keep capital spending related to its oil operations flat in 2020 while moving forward with a new $300-million wind power project in southern Alberta.
BCE earnings
BCE Inc. will report its fourth-quarter results and provide its guidance for 2020 on Thursday. The event will be Mirko Bibic's first as BCE's chief executive. In October, the company's wireless division reported record third-quarter subscriber additions and a good competitive position amid major industry changes such as new unlimited data plans and device financing options.
Latest jobs numbers
Statistics Canada will release its labour force survey for January on Friday. The agency announced in January that the unemployment rate fell to 5.6 per cent in December, compared with a rate of 5.9 per cent in November when the country lost 71,200 jobs, the biggest monthly loss of jobs since the financial crisis.
CAE update
CAE Inc. executives discuss its third-quarter results on Friday. The flight simulator maker's shares have hit a string of record highs since Jan. 10 when Boeing Co. recommended that pilots train in simulators before flying its grounded 737 Max.
This report by The Canadian Press was first published Feb. 2, 2020.
The Canadian Press
Related
- Five things to watch for in the Canadian business world in the coming week: March 1
- Five things to watch for in the Canadian business world in the coming week: Feb 23
- Bank of Canada governor Stephen Poloz set to speak on economy after rate cut
- Five things to watch for in the Canadian business world in the coming week: April 12, 2020
- Statistics Canada says economy added over 30,000 jobs in January, unemployment down
Trending
- Subway can press $210-million defamation suit against CBC for show on chicken content
- 121 workers at Mississauga's Gateway postal facility test positive for COVID-19
- York Region shares list of box stores fined over violations of COVID-19 rules
- Changes coming to garbage pickup this winter in Mississauga
- Man reportedly threatening to shoot people in building in Mississauga: Police
Your Comments