TORONTO — 5 things to search for for in the Canadian industry world in the arrival week:
Alimentation Couche-Tard Inc. will document its first-quarter results after the end of markets on Tuesday and retain a convention call with analysts on Wednesday morning. The Quebec-essentially based entirely mostly convenience retailer chain acknowledged earlier this year that procuring patterns earn changed one day of COVID-19 lockdowns with customers procuring higher-sized goods and stocking up on beer, wine and tobacco products.
Dwelling sales numbers for July are expected for Vancouver on Wednesday and Toronto on Thursday. The explicit property market has been hot this summer season, fuelled by homebuyers who had been sidelined earlier this year attributable to the pandemic combined with ultra-low mortgage rates.
Statistics Canada will birth world merchandise change and world change in products and services figures for July. The numbers will aid birth to paint the characterize of how the economy is convalescing in the second half of of the year after the steep decline attributable to the pandemic.
Statistics Canada will birth most up-to-date labour pressure search for for August on Friday. The month-to-month jobs document for July showed the addition of 418,500 jobs because the labour market moved previous the halfway designate in recouping the three million losses considered on the onset of the COVID-19 pandemic.
Laurentian Financial institution results
Laurentian Financial institution will document its most up-to-date quarterly results on Friday. Outcomes from Canada’s huge banks up to now on the total had been higher than expected, however remarkable uncertainty calm lies ahead as loan deferral classes and government aid efforts attain to an pause.
This document by The Canadian Press turned into once first printed Aug. 30, 2020.
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