TORONTO — Five things to watch for in the Canadian business world in the coming week: Postal strike The strike by some 55,000 workers at Canada Post is in its fourth week.
The strike by some 55,000 workers at Canada Post is in its fourth week. Calls for government intervention in the contract talks have been mounting from the business community, but the government has so far said it's not going to step in. Key issues for the union have been wages, as well as a plan by the company to expand into weekend delivery.The Bank of Canada will make its final interest rate announcement for the year on Wednesday.
will report its fourth-quarter and full-year results on Thursday morning. The travel company has faced the headwinds of stiff competition, engine recalls and the threat of a strike this year, all of which have combined to weigh on its finances.Sobeys parent company Empire Co. Ltd. will report its second-quarter results Thursday morning. The earnings come after a report last week that food prices are likely to increase by three to five per cent next year.
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