In the upcoming week, several significant developments are anticipated in the Canadian business world, spanning various sectors.
Firstly, attention will be on the Bank of Canada's release of its latest business outlook survey and the Canadian survey of consumer expectations. Scheduled for Monday, these reports are crucial indicators preceding the central bank's forthcoming interest rate decision and monetary policy report, slated for April 10th.
Additionally, a keen eye will be kept on the real estate sector, particularly in major Canadian cities. March home sales figures from cities like Calgary, Vancouver, and Toronto are expected to be reported throughout the week. These figures will provide insight into the trajectory of the spring real estate market, a critical sector of the Canadian economy.
On Tuesday morning, an event in Toronto will feature Michael Medline, president and chief executive of Empire Co. Ltd., discussing the grocery industry. This discussion holds significance as the federal government pushes for companies to adopt a grocery code of conduct, with Medline being an early advocate for this initiative.
Thursday will see Dollarama Inc. releasing its fourth-quarter and full-year results, followed by a conference call with investors and financial analysts. This event is notable amidst ongoing consumer concerns regarding inflation and the quest for budget-friendly shopping options.
Finally, Friday will bring the release of Statistics Canada's labour force survey for March. Following February's addition of 41,000 jobs to the Canadian economy and a slight rise in the unemployment rate to 5.8 percent, this report will provide crucial insights into the state of employment and labor market dynamics in the country.
These anticipated events reflect the diverse range of factors shaping the Canadian business landscape in the coming week, from monetary policy and consumer sentiment to real estate trends, corporate earnings, and employment data.