TORONTO — 5 issues to observe for within the Canadian enterprise world within the coming week:
Statistics Canada will launch its newest studying on inflation Tuesday morning when it releases its shopper value index for October. The annual inflation price was 3.8 per cent in September, down from 4 per cent in August.
Fall financial assertion
Finance Minister Chrystia Freeland will current the federal government’s fall financial assertion on Tuesday afternoon. The assertion is predicted to supply an replace on the state of the economic system and the federal government’s financial plan because the spring price range.
Financial institution of Canada governor Tiff Macklem is scheduled to present a speech to the Saint John Area Chamber of Commerce on Wednesday. The speech comes forward of the central financial institution’s ultimate rate of interest choice this yr on Dec. 6. The Financial institution of Canada stored its key rate of interest goal on maintain at 5 per cent at its October price announcement, however stated it was ready to lift it if wanted.
The Indigenomics Institute holds a two-day convention in Toronto beginning on Wednesday. The Indigenomics on Bay Avenue Convention is targeted on bringing collectively leaders throughout the company sector, governments and Indigenous companies to work collectively on financial reconciliation.
Retail gross sales
Statistics Canada is scheduled to launch its retail gross sales report for September on Friday, which additionally occurs to be Black Friday, this yr. The company’s early estimate for September retail gross sales that it launched final month recommended gross sales had been unchanged for the month, however it cautioned the determine can be revised.
This report by The Canadian Press was first printed Nov. 19, 2023.
The Canadian Press