Gildan Activewear Inc. will release its fourth-quarter and full-year earnings before markets open on Wednesday and hold a conference call with financial analysts. The Gildan logo is seen outside their offices in Montreal, Monday, Dec. 11, 2023. THE CANADIAN PRESS/Christinne Muschi


February 19, 2024

Toronto - Five key developments to monitor in the Canadian business landscape during the upcoming week

Inflation Figures:

On Tuesday, Statistics Canada will unveil its latest inflation data, presenting the consumer price index for January. After a 3.1% increase in November and a subsequent 3.4% rise on a year-over-year basis in December, analysts await the new figures.

Gildan's Financial Report:

Gildan Activewear Inc. is set to disclose its fourth-quarter and full-year earnings before markets open on Wednesday, accompanied by a conference call with financial analysts. The company has been immersed in a dispute with shareholders seeking the reinstatement of founder Glenn Chamandy as CEO.

Suncor's Financial Results:

On Wednesday evening, Suncor Energy Inc. will release its fourth-quarter and full-year results, followed by a conference call with investment analysts on Thursday morning. Earlier this month, the state of Colorado imposed a $10.5 million fine on the company for air pollution violations spanning July 2019 to June 2021.

Loblaw's Quarterly Report:

Loblaw Cos. Ltd. is slated to unveil its fourth-quarter and full-year results on Thursday morning, hosting a conference call to discuss the report. The release occurs amid heightened scrutiny within the grocery industry regarding food costs.

 Teck Resources Performance:

Teck Resources Ltd. will announce its fourth-quarter and full-year results and conduct a conference call with investors on Thursday morning. The company recently disclosed that its copper production for 2023 fell short of annual guidance, while zinc production slightly missed expectations.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

You may also like

Mortgage Rates Ease as Banks Cut Prime Rates to 5.45%

The Bank of Canada reduced its interest rate by 50 basis points on Wednesday, bringing it down to 3.25%. The....

Annual Rents Hit 15-Month Low, Still Higher Than 3 Years Ago

In November, the average asking rent across Canada fell to its lowest point in 15 months, reaching $2,139. This marks....

How the Holiday GST Relief Will Benefit Consumers

The federal government’s GST relief will begin this Saturday, providing some financial relief just before the busy holiday shopping period.....

Ottawa To Invest $1b+ In Expanding N.B.'s Clean Power Grid

DIEPPE, N.B. – The federal government has announced plans to invest over $1 billion to expand New Brunswick's clean energy....

Political Chaos In France, Germany Slows Europe’s Economic Aid

Europe’s economy, already struggling with slow growth and competitiveness against the U.S. and China, now faces new obstacles as political....

Canada’s 6.8% Jobless Rate Fuels Hopes For A 50-Point Rate Cut

In November, Canada recorded 1.5 million unemployed individuals, pushing the jobless rate to 6.8%, a level not seen since January....

Saskatchewan Passes Bills on Tax Relief and Carbon Levy Exemption

Regina – Premier Scott Moe's government made good on its fall election promises by passing two significant bills Thursday aimed....

Eli Lilly To Invest $3b In Wisconsin Plant Expansion For Demand

Eli Lilly plans to invest an additional $3 billion to expand its manufacturing capacity, aiming to keep up with rising....

Transport Minister Calls Out Air Canada Over New Carry-On Bag Fees

Transport Minister Anita Anand plans to meet with Canadian airline executives in mid-December following Air Canada’s decision to introduce carry-on....

Meta Plans $10b AI Hub In Louisiana; Musk Expands In Tennessee

NEW ORLEANS (AP) — Meta, the parent company of Facebook, has announced plans to build its largest artificial intelligence data....

Ontario Hit Hard By Soaring Beef Prices: Farmers And Consumers

Shoppers may be in for a surprise when they see the rising cost of beef at the grocery store. "The....

Trump To Block Japanese - US Steel Deal, Promises Tariffs, Tax Break

President-elect Donald Trump has reaffirmed his opposition to the proposed acquisition of U.S. Steel by Japanese steelmaker Nippon Steel Corp.,....