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Five things to watch for in the Canadian business world in the coming week
Statistics Canada will release June inflation data as Rogers, Teck and CN report quarterly results and rail disruptions linger.
- This week, the Canadian business world features key earnings reports from Shopify and Restaurant Brands International, alongside critical economic data releases from Statistics Canada.
- Canada reported a $4.2 billion merchandise trade surplus in May and 18,000 jobs added in June, providing a positive backdrop for the week's business activity.
- Quarterly results from Suncor Energy Inc., South Bow Corp., and Canadian Natural Resources Ltd. arrive this week as Middle East tensions continue to affect global oil prices.
- Shopify is expected to release second-quarter results on Wednesday, though the e-commerce platform remains under scrutiny following CEO Tobi Lutke's recent proposal to restrict voting rights based on income tax contributions.
- Statistics Canada will release June trade figures on Tuesday and the July labour force survey on Friday, as market participants observe rising mortgage rates climbing to 6.66 percent.
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10 Articles
10 Articles
Five elements to be monitored in Canada's business community over the coming week.
·Montreal, Canada
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Coverage Details
Total News Sources10
Leaning Left4Leaning Right0Center4Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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