From the Bank of Canada's next interest rate announcement to grocers in the hot seat, here are five things to watch for in the Canadian business world in the coming week:
The Bank of Canada will make its next interest rate announcement on Wednesday. The central bank is widely expected by economists to keep its key interest target on hold at 4.5 per cent, but the statement that will accompany the rate decision will be scrutinized for any indications of the bank’s plans for the rest of the year. Bank of Canada senior deputy governor Carolyn Rogers will give a speech and take questions on Thursday in Winnipeg.Top executives from Loblaw Companies Ltd.
Economists will be looking for signs of how the economy started the year when Statistics Canada releases its January figures for international merchandise trade on Wednesday. Canada posted a merchandise trade deficit of $160 million in December as both exports and imports fell compared with November.Maple Leaf Foods Inc. will report its fourth-quarter results and hold a conference call with financial analysts and investors on Thursday.
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