Five things to watch for in the Canadian business world in the coming week
Published January 30, 2022 at 10:00 am
TORONTO — Five things to watch for in the Canadian business world in the coming week:
Imperial Oil earnings:
Imperial Oil is expected to release its latest quarterly results on Tuesday morning. The report will come against a backdrop of the highest oil prices in seven years.
Real estate boards for some of the country’s largest cities are expected to release their sales figures for January this week. The Calgary board is scheduled for Tuesday, followed by Vancouver on Wednesday, Toronto on Thursday and Montreal on Friday.
Statistics Canada will release gross domestic product by industry figures for November on Tuesday. The report will provide a picture of how the economy was faring going into the end of the year before the Omicron variant drove a surge in COVID-19 cases and prompted renewed public health restrictions.
BCE Inc. will report its fourth-quarter financial results on Thursday before the start of trading. The parent company of Bell Canada and media companies that include CTV, TSN and radio stations is also expected to release its guidance for 2022.
Statistics Canada will release its labour force survey for January on Friday. The report is expected to show a weakening in the job market due to the COVID-19 restrictions in large parts of the country that were prompted by the Omicron surge in cases.
This report by The Canadian Press was first published Jan. 30, 2022.
Companies in this story: (TSX:BCE, TSX:IMO)
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