Bank of Canada senior deputy governor Carolyn Wilkins will speak on Feb. 5, 2020 before the Economic Club of Canada. (Photo by THE CANADIAN PRESS)

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week:

Wilkins speech

Bank of Canada senior deputy governor Carolyn Wilkins will speak on Wednesday before the Economic Club of Canada on central banking in a slow-growth world. The central bank kept its key interest rate on hold at 1.75 per cent in the face of a slower-than-expected start to 2020 for the Canadian economy, but governor Stephen Poloz left the door open to a rate cut if the weakness is more persistent than expected.

Suncor results

Suncor Energy Inc. is scheduled to release its fourth-quarter and full-year results on Wednesday after the close of trading and hold a conference call with financial analysts on Thursday morning. The oilsands giant said in December that it expected to keep capital spending related to its oil operations flat in 2020 while moving forward with a new $300-million wind power project in southern Alberta.

BCE earnings

BCE Inc. will report its fourth-quarter results and provide its guidance for 2020 on Thursday. The event will be Mirko Bibic’s first as BCE’s chief executive. In October, the company’s wireless division reported record third-quarter subscriber additions and a good competitive position amid major industry changes such as new unlimited data plans and device financing options.

Latest jobs numbers

Statistics Canada will release its labour force survey for January on Friday. The agency announced in January that the unemployment rate fell to 5.6 per cent in December, compared with a rate of 5.9 per cent in November when the country lost 71,200 jobs, the biggest monthly loss of jobs since the financial crisis.

CAE update

CAE Inc. executives discuss its third-quarter results on Friday. The flight simulator maker’s shares have hit a string of record highs since Jan. 10 when Boeing Co. recommended that pilots train in simulators before flying its grounded 737 Max.

This report by The Canadian Press was first published Feb. 2, 2020.


Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

More Red Deer seniors could be dealing with homelessness, inadequate housing in future

Red Deer is short 200 affordable seniors’ housing units: Bridges study shows

Federal carbon tax is unconstitutional, says Alberta Court of Appeal

EDMONTON — The Alberta Court of Appeal has ruled that the federal… Continue reading

Red Deer man’s aggravated assault appeal says judge erred

Legal test for self defence not properly applied, says appeal

Farming organization recognizes climate crisis

National Farmers Union speaks to central Albertans

Red Deer RCMP looking for missing 15-year-old girl

Red Deer RCMP are asking for the public’s assistance to locate a… Continue reading

Your community calendar

Feb. 19 A Liberation of Holland event is being held at the… Continue reading

Kenney says investor confidence needed after Teck mine project killed

EDMONTON — Alberta Premier Jason Kenney says his government is taking action… Continue reading

‘They loved life’: Family and friends give tearful tributes at Kobe Bryant at memorial

LOS ANGELES —Tears streamed down Vanessa Bryant’s face as she spoke about… Continue reading

Feds introduce bill dropping some restrictions on assisted dying

OTTAWA — The Trudeau government has introduced legislation aimed at making it… Continue reading

StatCan says 3.2 million living in poverty, including 566,000 children

OTTAWA — Canada’s poverty rate has fallen to a historic low in… Continue reading

Teck withdraws application for Frontier mine, citing discourse over climate change

VANCOUVER — Teck Resources Ltd. has withdrawn its application for a massive… Continue reading

Alberta Appeal Court sides with Alberta on federal carbon tax

EDMONTON — The Alberta Court of Appeal gave opponents of the federal… Continue reading

Raptors Uprising GC offer second chance to gamer suspended for 2019 season

TORONTO — Raptors Uprising GC, the gaming arm of the Raptors, has… Continue reading

Most Read