Five Canadian business stories to watch this week


Home sales

The Canadian Real Estate Association is expected to release its monthly home sales figures for November on Monday. The reading comes after home sales fell for a second month in a row in October.

Inflation numbers

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Statistics Canada will release its consumer price index for November on Wednesday. The country’s annual inflation rate picked up its pace in September to hit 2.4 per cent in an advance mostly fuelled by temporary factors like higher gasoline prices and steeper airfares.

BlackBerry results

BlackBerry will release its third-quarter financial results on Thursday. The Waterloo-based technology company announced last week that it has built a new service to provide infrastructure for vehicles and traffic lights to exchange information securely.

Latest GDP numbers

Statistics Canada will release gross domestic product by industry, retail trade and investment in building construction figures for October on Friday. Canada’s GDP edged down 0.1 per cent in September, the first move lower after seven consecutive months of growth.

BoC survey

Bank of Canada releases its latest business outlook survey and senior loan officer survey on Friday. The central bank’s previous survey suggested companies are optimistic about the year ahead _ especially when it comes to sales growth, foreign demand and their investment plans.

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