THE CANADIAN PRESS/Adrian Wyld
Bank of Canada senior deputy governor Carolyn Rogers is scheduled to deliver a speech in Halifax on Tuesday, addressing the pressing need to enhance Canadian productivity. This comes in the wake of Statistics Canada's report indicating a slight decline in the annual inflation rate to 2.8% in February from 2.9% in January.
On Tuesday and Wednesday, the National Bank Financial Markets will host its annual financial services conference in Montreal. Esteemed executives from prominent financial institutions across the country will convene to provide insights and perspectives for the year ahead.
In Toronto, the Canadian tech community will gather for the CIX Summit on Tuesday and Wednesday. The event will feature industry leaders discussing their businesses and innovations. Notably, Dax Dasilva, the founder of Lightspeed Commerce, will be among the speakers. Dasilva recently resumed his role as CEO of the Montreal-based company with the aim of revitalizing its stock performance.
On Thursday, Statistics Canada is set to release the January figures for gross domestic product (GDP), following minimal changes in December. The preliminary estimate for January, released last month, indicated a potential 0.4% increase in GDP for the first month of 2024.
Also on Thursday, BRP Inc. is scheduled to unveil its fourth-quarter results and host a conference call with investors and financial analysts. In the previous quarter, the recreational vehicle maker reported a decline in profit, attributed to sluggish consumer spending. As such, market watchers will be keenly observing BRP's performance and strategic outlook.
These key events underscore the ongoing developments and challenges within the Canadian business landscape, with implications for various sectors of the economy and investors alike.
