November 29, 2022


Supportive Business Potential

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

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

Home sales

Some of Canada’s biggest cities are expected to release home sales figures for September this week. The Calgary Real Estate Board will release its numbers Monday, followed by the Real Estate Board of Greater Vancouver on Tuesday. Figures for the province of Quebec and the Toronto Regional Real Estate Board are expected Wednesday.

Trade numbers

Statistics Canada will release its international merchandise trade figures for August on Wednesday. The country’s merchandise trade surplus fell to $4.1 billion in July as lower prices weighed on the total value of exports for the month.

OSC and crypto

Ontario Securities Commission chief executive Grant Vingoe will discuss regulatory oversight of the crypto industry and why it is critical for capital markets at the Economic Club of Canada on Thursday. The speech is titled Buyer Aware: Applying essential protections to the crypto world.

Macklem speech

Bank of Canada governor Tiff Macklem will give a speech to the Halifax Chamber of Commerce on Thursday. The central bank committed last week to start publishing detailed summaries of its monetary policy deliberations next year following a recommendation from the International Monetary Fund which reviewed the bank’s transparency practices.

Job numbers

Statistics Canada will release its labour force survey for September on Friday. The economy lost 40,000 jobs in August as the unemployment rate rose to 5.4 per cent compared with 4.9 per cent in July.