May 25, 2024

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Truly Business

5 items to watch for in the Canadian small business globe in the coming week

2 min read

TORONTO — Five points to check out for in the Canadian company world in the coming week:

Empire success
Empire Business Ltd. will launch its third-quarter fiscal 2021 effects on Wednesday. Rival George Weston documented final week that its fourth-quarter income fell in contrast with a yr back as it was strike by one particular-time prices.

Linamar update
Linamar will keep a webcast Wednesday to go over its Q4 results. The Guelph, Ont.-primarily based manufacturer mentioned last thirty day period that it envisioned the semiconductor scarcity currently plaguing the automobile field to dampen motor vehicle generation between its prospects, despite the fact that the consequence would not be material to Linamar’s business.

Fascination level announcement
Bank of Canada is set to make its most current curiosity charge decision on Wednesday. The central lender declared in January that it would preserve its curiosity amount target on keep at .25 for every cent, citing the financial ailments and ongoing uncertainty from the pandemic as causes for its choice.’

Transat earnings
Transat A.T. releases its initially-quarter effects and retains a meeting get in touch with on Thursday. Air Canada’s proposed acquisition of Transat is up in the air following Canada’s greatest airline stated it will not allow for much more time for the offer to go by means of.

February work quantities
Stats Canada is set to release its labour pressure study for February on Friday. The company documented previous month that Canada’s labour current market noticed months of gains wiped out in a make a difference of months as common lockdowns and university closures erased 212,800 work opportunities in January, hitting mothers and youth specifically hard.

This report by The Canadian Press was 1st published March 7, 2021.

The Canadian Press

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