Foreign buyers
CMHC will release a report on foreign buyers in the condo market on Monday. Foreign buyers taxes were enacted in B.C. in 2016 and Ontario in 2017 as part of efforts by the respective provincial governments to cool overheated real estate markets.
Bank earnings
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City Building: Community Wealth Building – A made-in-Ottawa plan to build prosperity for all
As Ottawa rockets into an era of major infrastructure investment, United Way East Ontario and Buy Social Canada have brought people across many sectors together around a shared vision: a
City Building: Inflector Environmental Services is transforming Ottawa with safety in mind
As awareness of the need for a healthy and safe work environment grows, so too does the role of Ottawa-based Inflector Environmental Services. They are helping the city grow and
Scotiabank, BMO and CIBC will release first-quarter results next week. The first three months are traditionally the strongest quarter of the banks’ financial year, but market volatility and slower mortgage growth during the period could weigh on their latest results.
Inflation snapshot
Statistics Canada will release its consumer price index for January on Wednesday. The agency’s CPI for December found that Canada’s annual inflation rate saw an unexpected acceleration to two per cent as higher costs for airfares and fresh vegetables offset cheaper prices at the pump.
Flying high
Air Canada CEO Calin Rovinescu speaks at the company’s 2019 investor day on Thursday. An air passenger advocacy group last week said would-be regulations that allow airlines to keep travellers on the tarmac for up to three hours and 45 minutes are “unacceptable” and grant more than twice the time permitted under European Union legislation.
Economic update
Statistics Canada will release fourth-quarter GDP figures on Friday. The Canadian economy grew at an annual pace of 2.0 per cent in the third quarter, compared with an annualized pace of 2.9 per cent in the second quarter.
