The bottom line: It’s high earnings season this week, with a number of corporate heavyweights releasing their latest results. They include Air Canada, WestJet, Restaurant Brands International, Home Capital Group, BCE, SNC-Lavalin, Torstar and Enbridge.
Vancouver, one year later: Wednesday will mark one year since the previous government of British Columbia brought in a 15 per cent tax on foreigners buying property in Vancouver. The levy had an immediate effect, sapping home sales, but since then the city’s real estate market has been on the rebound, raising questions whether other measures may be needed.
Tobacco talk: Jorge Araya, CEO of Imperial Tobacco Canada, speaks to the Canadian Club of Vancouver on Thursday. He is expected to discuss several topics, including the rise in black market smokes and the legalization of marijuana.
OBJ360 (Sponsored)
Why your next investment should be Canadian art
Ahead of its highly anticipated Give to Get Art Auction on May 29th, the Ottawa Art Gallery (OAG) offers some expert advice on investing in art. Art can inspire, spark
Ottawa’s Paterson Group offers a million reasons to give
There’s a particular image that David Gilbert, President of Ottawa-based Paterson Group, is delighted to share. It’s a map of the Ottawa area and beyond covered with thousands of dots,
Trading up: In May, Canada’s imports and exports both hit record highs. We’ll find out Friday whether that momentum continued in June when Statistics Canada releases the international merchandise trade figures.
Get to work: The eagerly anticipated jobs data also come out Friday. The country’s labour market has been on a tear lately, adding 45,300 positions in June and clocking in an unemployment rate of 6.5 per cent. Wage growth has been a different story. Experts will be parsing the numbers for clues on when the central bank may pull the trigger on a rate hike.
