Five Things To Watch For In The Canadian Business World In The Coming Week

COVID 19 Benefits, Credits, And Support For Canadian
COVID 19 Benefits, Credits, And Support For Canadian

Five things to watch for in the Canadian business world from business outlook from the Bank of Canada and House start data from CMHC. Pandemic effects on Canadian families and children report from Statistics Canada.

Western Canada’s largest utility providerShaw Communications will hold its third-quarter conference call on Friday. also expect June job numbers Statistics Canada is scheduled to release its labour force survey for June on Friday.

 

Business outlook

How To Become A Stock Broker
How To Become A Stock Broker

Bank of Canada will release its business outlook survey and Canadian survey of consumer expectations on Monday. The bank’s previous survey revealed that business sentiment had softened in most regions of the country before COVID-19 delivered a shock to the Canadian economy.

 

Housing starts

How To Finding Affordable Housing
How To Finding Affordable Housing

CMHC is scheduled to release June housing starts data on Wednesday. The federal housing agency said in June that it expects a combination of factors related to the pandemic, such as higher unemployment and lower-income, to slow housing starts and push sales and home prices below pre-COVID levels.

 

Pandemic effects

Nurse wearing PPE
Nurse wearing PPE

Statistics Canada will release its report on the impact of the COVID-19 pandemic on Canadian families and children on Thursday. Organizations representing child care providers from several provinces have recently said their ability to provide a safe environment in daycare and foster child facilities have been jeopardized due to a lack of government funding and confusion over pandemic measures.

 

Shaw earnings

Shaw Communications
Shaw Communications

Shaw Communications will hold its third-quarter conference call on Friday. The Calgary-based company laid off up to 1,000 people in April, just days after it provided a cautious but hopeful financial report to analysts and said most of its business was performing well operationally during the COVID-19 crisis.

 

June job numbers

How To Find Summer Jobs
June job numbers

Statistics Canada is scheduled to release its labour force survey for June on Friday. The agency’s previous monthly report showed that the country got back 289,600 jobs in May — which mirrored a similar bump in the U.S. — after three million jobs were lost over March and April and about 2.5 million more people had their hours slashed.

 

This report by The Canadian Press was first published on July 5, 2020. The Canadian Press