Friday, December 6, 2019

Canadian Business : Things To Watch

Bank of Canada speech

Bank of Canada senior deputy governor Carolyn Wilkins will give a discourse Tuesday to the International Finance Club of Montreal on defending the money related framework. The national bank’s head working official Filipe Dinis called for more prominent joint effort between government bodies and the private area with regard to sharing information about cybersecurity threats, which may require new regulations or legislation.

TC investor day

TC Energy Corp. hosts its annual Investor Day to provide an update on operations, recent developments and strategic outlook on Tuesday. The owner of the Keystone pipeline said Nov. 10 that the line had returned to service after a breach that leaked an estimated 1.4 million litres of oil in northeastern North Dakota late last month.


George Weston earnings

George Weston Ltd. will release its third-quarter earnings. The Toronto-based retail, bread shop and land organization announced in July that second-quarter benefit jumped to $184 million, up from $28 million a year ago, as it profited by securing direct responsibility for controlling stake in Choice Properties from its backup.

Metro update

Metro Inc. releases its fourth-quarter financial results on Wednesday. The Montreal-based company said in August that it would fast-track the deployment of technology such as self-service checkouts and electronic shelf labels to its stores in an effort to lower labour costs, and expects to have self-service checkouts in 100 stores by the end of its 2019 financial year.

October inflation numbers

Statistics Canada to release its consumer price index for October on Wednesday. The agency’s report for September stated that the annual inflation rate was 1.9 per cent for a second-straight month, keeping the indicator close to the Bank of Canada’s ideal two per cent target.


Article Source: ctvnews.ca

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