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Five things to watch for in the Canadian business world in the coming week
1. Return of the House of Commons Canada's House of Commons resumes its session this week ahead of the announcement of the federal budget on April 16. The Liberal government has made a housing budget announcement in recent days during a campaign-style tour of the country.
2. Energy Conference This week, some of Canada's energy industry bigwigs are gathering at BMO Capital Markets' CAPP Energy Conference in Toronto. This conference, which will be held on Tuesday and Wednesday, will be held in a situation where the price of oil has reached its highest level since last October.
3. Bank of Canada interest rate announcement On Wednesday, the Bank of Canada will release its interest rate announcement and present its monetary policy report. Economists are expected to keep the central bank's key rate unchanged at five percent, but the report will put time under scrutiny for any indication of the start of rate cuts.
4. Home Sales The Canadian Association of Realtors will release March home sales figures as well as your forecast for the current year on Friday. The housing market is being watched closely this year as potential buyers wait to see what happens to mortgage rates this year.
5. Corus Earnings Corus Entertainment will release its second quarter results on Friday morning. Dogfy Broadcaster, the TV and radio broadcaster, said at the time of its first-quarter results in January that the company had started to see signs of improved use of table ads from 2023, but to forecast table results. It will be done sometime. Full recovery is early.
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