From bank annual meetings to inflation, here are five things to watch for in the Canadian business world in the coming week:
Several of Canada’s big banks will hold their annual meetings this week. Shareholders at Bank of Montreal will gather on Tuesday, while TD Bank shareholders meet Thursday. Shareholders at National Bank will hold their meeting on Friday.Statistics Canada will release its latest reading on inflation on Tuesday when it publishes its consumer price index for March. The annual inflation rate cooled to 5.2 per cent in February, its lowest point since January 2022 when it was 5.1 per cent.
The grocery sector has faced intense scrutiny in recent months for posting strong profits as many Canadians struggle with higher food costs.Statistics Canada will release its figures for wholesale sales in February on Monday and its and retail trade numbers for the month on Friday. Meanwhile, Canada Mortgage and Housing Corp. is expected to release its March housing starts figures on Wednesday.Imperial Oil Ltd.
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