September 25, 2022

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

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

Bank earnings

Royal Bank of Canada will be the first of Canada’s big banks to say how it fared in its first-quarter result when it releases results on Thursday. CIBC and National Bank will report their first-quarter results on Friday.

Loblaw results

Loblaw Companies Ltd., the parent company of Loblaws and Shoppers Drug Mart, will report its fourth-quarter results on Thursday. The grocery industry has been facing challenges as it deals with supply chain problems, inflationary pressures and a difficult labour market.

Teck results

Teck Resources Ltd. will report its fourth-quarter results on Thursday before the start of trading and hold a conference call with financial analysts. The company said last month that its coal sales in the fourth quarter fell below its guidance and warned that COVID-19 was leading to higher costs and could disrupt production.

Maple Leaf earnings

Maple Leaf Foods Inc. will report its fourth-quarter results and holds a conference call with financial analysts. The company said in November that it was reassessing its strategy of investing in plant-based food products after a significant slowdown in the category.

Onex results

Onex Corp. will hold a conference call with financial analysts to discuss its fourth-quarter results on Friday. The private equity investment firm reported its third-quarter profit climbed 20 per cent compared with a year earlier, helped by its asset management business.

This report by The Canadian Press was first published Feb. 20, 2022.

Companies in this story: (TSX:RY, TSX:NA, TSX:CM, TSX:L, TSX:TECK.B)

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