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The Week Ahead in Business
Major U.S. companies report earnings as federal agencies release key data on spending, jobs and trade, while Freddie Mac updates mortgage rates.
Canadian businesses face a busy week of economic indicators and corporate earnings reports as markets navigate shifting trade dynamics. Investors are watching for updates on employment, trade, and government spending.
Trade talks between Canada and the United States fell apart in August, triggering reciprocal tariffs that continue pressuring the economy. The Bank of Canada raised its policy interest rate to 2.5 per cent amid these broader challenges.
Statistics Canada will release its October labour force survey on Friday, providing critical employment data. The economy lost 68,000 jobs in September, pushing unemployment to 6.5 per cent.
Federal Finance Minister François-Philippe Champagne will deliver the federal budget on Thursday. Bank of Canada Governor Tiff Macklem and senior deputy governor Carolyn Rogers appear before the House of Commons standing committee on finance on Tuesday.
Statistics Canada is scheduled to report September merchandise trade figures on Wednesday. This data will reveal the impact of trade disputes on Canada following the August breakdown in negotiations.