The week ahead in business
- Hudson's Bay is returning to court Tuesday to seek approval for a $30-million deal with Canadian Tire to sell its intellectual property rights.
- This legal step follows RioCan Real Estate Investment Trust's application to place a joint venture with Hudson's Bay into receivership.
- The Canadian Telecom Summit is set to bring together industry leaders midweek in Toronto as they navigate challenges such as intense pricing competition and significant debt burdens facing major telecom firms.
- The Bank of Canada will announce its rate decision on Wednesday during a sensitive economic period, with recent data showing persistent inflation and stronger-than-expected GDP.
- Statistics Canada will release May's labour force report Friday, noting the national unemployment rate rose to 6.9% in April, matching November's recent high amid ongoing economic uncertainty.
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The week ahead in business: ECB to cut rates, CSO figures and a roadshow
Thursday’s meeting of the European Central Bank’s governing council will dominate the week. It is widely expected that Christine Lagarde, the president, and her colleagues will decide on a further reduction in interest rates, most likely of 25 basis points.
·Ireland
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Local real estate boards are slated to release the latest data on home sales and prices in their regions for May, including Calgary on Monday, Vancouver
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