Brexit update
An official from the British High Commission in Ottawa will give an update on Brexit and discuss the implications for Canada in Calgary on Monday. Experts told The Canadian Press in November that a post-Brexit United Kingdom will present Canadian business with tremendous uncertainty over billions of dollars worth of trade and investments, as the U.K. represents one of Canada’s top five destinations for investments and top 10 markets for goods and services.
Interest rate decision
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City Building: Ziebarth Electrical Contractors focuses on quality, culture and collaboration
Ziebarth Electrical Contractors (ZEC), an Ottawa-based, family business, prides itself on several achievements over the course of its 47-year history in the city. These include staff members who have been
City Building: ‘Condominiumizing’ land developments
Nelligan Law is so successfully redefining the concept of condominiums for stakeholders that its approach is being applied to major, mixed-use projects in Ottawa and other municipalities. “We are looking
The Bank of Canada will make its interest rate announcement and release its monetary policy report on Wednesday. Positive December employment numbers from Statistics Canada have helped convince economists that the central bank will continue to keep its key interest rate on hold at 1.75 per cent, where it has been for more than a year.
Rogers earnings
Rogers Communications will hold its fourth-quarter conference call on Wednesday. Federal Industry Minister Navdeep Bains said last week that expected cuts to wireless rates by mobile-phone service providers must be in addition to price reductions already seen since 2016, a position described by an industry organization as “confusing.”
Inflation numbers
Statistics Canada will release its consumer price index for December on Wednesday. The agency’s previous report stated that inflation rose 2.2 per cent in November compared with a year ago to end a three-month streak where the annual pace of inflation had held steady at 1.9 per cent.
Pot prices
Statistics Canada will release its fourth-quarter “StatsCannabis” crowdsourced cannabis prices on Thursday. The agency previously reported that the average cost of a gram of cannabis fell 6.4 per cent to $7.37 in the third quarter as the legal price fell for the first time, although illicit weed continued to be significantly cheaper.
