TORONTO — 5 issues to observe for within the Canadian enterprise world within the coming week: Rogers-Shaw attraction The Federal Court docket of Enchantment will hear the Competitors Bureau’s attraction of a choice that cleared the way in which for Rogers Communication Inc.
TORONTO — 5 issues to observe for within the Canadian enterprise world within the coming week:
Rogers-Shaw attraction
The Federal Court docket of Enchantment will hear the Competitors Bureau’s attraction of a choice that cleared the way in which for Rogers Communication Inc.’s takeover of Shaw Communications Inc. on Tuesday. The Competitors Bureau is interesting the Competitors Tribunal’s dismissal of its efforts to dam the $26-billion deal, stating the tribunal made basic errors of legislation.
Metro outcomes
Retailer Metro Inc. will report outcomes from the primary quarter of its 2023 monetary 12 months on Tuesday. The corporate behind Metro, Tremendous C and Meals Fundamentals grocery shops and the Jean Coutu drugstore chain may even maintain its annual assembly of shareholders the identical day.
Railway earnings
Canadian Nationwide Railway Co. will report its fourth-quarter and full-year outcomes for 2022 after the shut of economic markets on Tuesday and maintain a convention name with traders and analysts. In its outlook launched in October, the railway mentioned it anticipated adjusted diluted earnings per share progress of about 25 per cent for 2022 and free money stream of about $4.2 billion for the 12 months.
Fee announcement
The Financial institution of Canada will launch its newest rate of interest determination and financial coverage report on Wednesday. The annual tempo of inflation has slowed because the central financial institution has raised rates of interest, however at 6.3 per cent in December it nonetheless stays above the Financial institution of Canada’s goal of two per cent.
Celestica outcomes
Celestica Inc. will launch its fourth-quarter and full-year outcomes after the shut of markets on Wednesday and maintain a convention name with analysts and traders on Thursday morning. In its steerage for the quarter, the corporate has mentioned it expects income between US$1.875 billion and US$2.025 billion and adjusted earnings per share between 49 and 55 cents US.
This report by The Canadian Press was first revealed Jan. 22, 2023.
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