Reading the BoC tea leaves
Deputy Bank of Canada governor Lynn Patterson will speak before the Investment Industry Association of Canada on interest-rate benchmarks on Monday. The central bank has raised its key interest rate target three times since last summer and is expected to raise the trend-setting rate again later this year.
Flying the cheaper skies
Swoop Airlines hosts a media day before the launch of its ultra low-cost service on Tuesday at Hamilton International Airport. The launch of WestJet’s ultra-low cost carrier has been a source of contention between the airline and its pilots.
Latest inflation numbers
Statistics Canada releases the consumer price index for May on Friday. In April, the annual inflation rate cooled slightly to 2.2 per cent to remain just above the two per cent midpoint of the Bank of Canada’s range.
OBJ360 (Sponsored)
As people return to work in office, many employers are focusing in earnest on creating a healthy, welcoming environment. For CBRE, that focus was turned up a notch as the
Best Places to Work: seoplus+ rises as a top employer with focus on employee growth
seoplus+ is a 48-employee digital marketing agency with clients throughout Canada, as well as in the U.S. and Europe. Founded in 2012, and headquartered at Ottawa’s trendy Lansdowne Park, its
BlackBerry momentum?
Analysts will be watching to see if BlackBerry Ltd. can replicate its most recently quarterly performance when it reveals first-quarter results on Friday. The former smartphone manufacturer reported higher revenue and adjusted earnings in the fourth-quarter than expected, which CEO John Chen attributed to his strategy to focus on software.
Wholesale trade
Statistics Canada releases wholesale trade figures for April on Thursday. Figures from the previous month showed that wholesale sales rose 1.1 per cent to $62.8 billion, more than offsetting a decline in February.
