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

Five issues to observe for within the Canadian business world within the coming week:

House resumes

The House of Commons resumes sitting this week forward of the federal finances on April 16. The Liberal authorities has already made a number of budget-related housing bulletins in latest days throughout a campaign-style tour throughout the nation.

Energy convention

Some of the most important names within the Canadian power trade are assembly in Toronto this week on the BMO Capital Markets CAPP Energy Symposium. The convention set for Tuesday and Wednesday comes as the value of oil trades at its highest degree since October.

Rate announcement

The Bank of Canada will make its rate of interest announcement and launch its financial coverage report on Wednesday. The central financial institution is predicted by economists to maintain its key rate of interest goal on maintain at 5 per cent, however the report will probably be scrutinized for any indicators about when it would start reducing charges.

Home gross sales

The Canadian Real Estate Association will launch its March house gross sales figures on Friday in addition to its up to date forecast for the 12 months. The housing market is being intently watched this spring as potential patrons wait to see what occurs with mortgage charges this 12 months.

Corus earnings

Corus Entertainment Inc. will launch its second-quarter outcomes on Friday morning. When the corporate reported its first-quarter leads to January, Corus chief government Doug Murphy stated the tv and radio broadcaster was starting to see indicators of improved promoting demand following a turbulent 2023, however that it was too early to foretell the timeline of a full restoration.

This report by The Canadian Press was first printed April 7, 2024.

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