Four out of the Big Five reporting
Fourth-quarter and year-end earnings will be published next week for CIBC, Royal Bank, TD Bank and Scotia Bank. Bank shares have enjoyed a nice run as of late, but new regulations regarding accounting practices and stress tests for borrowers may signal a bumpy ride ahead.
StatsCan reports
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What we do The YMCA of the National Capital Region is a charitable association dedicated to igniting the potential in people, helping them grow, lead, and give back to their
Giving Guide: Parkdale Food Centre
What we do Parkdale Food Centre (PFC) believes everyone should have the means and opportunity to live a healthy, connected and fulfilling life. Founded 40 years ago, Parkdale Food Centre
Statistics Canada figures out next week include payroll employment, Canada’s balance of international payments for the third quarter, industrial product and raw material price indexes for October, the labour force survey for November and gross domestic product (GDP), and income and expenditures for the third quarter and the GDP by industry for September.
Rise of the machines
An AI World Forum on artificial intelligence and machine learning is being held by the Digital Finance Institute in Toronto. It gathers experts from around the globe to explore the future of artificial intelligence in all aspects of Canada’s economy.
HBC deal goes before regulator
The Ontario Securities Commission hears the motion by Land and Buildings Investment Management LLC to stay the TSX’s decision concerning shares involved in the sale of HBC’s Lord and Taylor Fifth Avenue building in New York. The OSC announced on Nov. 17 that HBC had agreed to temporarily postpone a deal that would see private equity firm Rhone Capital buy a sizeable stake in the retail giant.
Housing likely top of mind
The Bank of Canada will release the Financial System Review on Tuesday. The previous issue of the twice-yearly report focused on high debt levels related to inflated house prices, a theme that is expected to continue.
