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5 issues to observe for within the Canadian enterprise world within the coming week

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5 issues to observe for within the Canadian enterprise world within the coming week

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TORONTO — 5 issues to observe for within the Canadian enterprise world within the coming week:

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A number of of Canada’s huge banks will maintain their annual conferences this week. Shareholders at Financial institution of Montreal will collect on Tuesday, whereas TD Financial institution shareholders meet Thursday. Shareholders at Nationwide Financial institution will maintain their assembly on Friday.

Inflation

Statistics Canada will launch its newest studying on inflation on Tuesday when it publishes its shopper value index for March. The annual inflation charge cooled to five.2 per cent in February, its lowest level since January 2022 when it was 5.1 per cent.

Metro outcomes

Grocer Metro Inc. will launch its second-quarter outcomes and maintain a convention name with traders and monetary analysts on Wednesday. The grocery sector has confronted intense scrutiny in current months for posting robust income as many Canadians wrestle with greater meals prices.

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Different financial information

Statistics Canada will launch its figures for wholesale gross sales in February on Monday and its and retail commerce numbers for the month on Friday. In the meantime, Canada Mortgage and Housing Corp. is anticipated to launch its March housing begins figures on Wednesday.

Imperial Oil

Imperial Oil Ltd. will maintain its 2023 investor day on Wednesday when it can present an replace on its operations and enterprise technique. The corporate introduced earlier this 12 months that it’s going to go forward with plans to construct what will likely be Canada’s largest renewable diesel manufacturing facility at its Strathcona refinery on the outskirts of Edmonton.

This report by The Canadian Press was first revealed April 16, 2023.

Firms on this story: (TSX:BMO, TSX:TD, TSX:NA, TSX:MRU, TSX:IMO)

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