Prime Minister Justin Trudeau looks on as Deputy Prime Minister and Finance Minister Chrystia Freeland responds to a question during a news conference on Parliament Hill in Ottawa, Tuesday, Aug. 18, 2020. Trudeau and his cabinet will hold a two-day retreat starting on Monday.THE CANADIAN PRESS/Adrian Wyld
September 13, 2020 - 7:00 AM
TORONTO - Five things to watch for in the Canadian business world in the coming week:
Cabinet retreat
Cabinet retreatPrime Minister Justin Trudeau and his cabinet will hold a two-day retreat starting on Monday. The federal government spent billions to help Canadians and businesses through the COVID-19 pandemic and keep the economy moving, but now those programs are set to start to winding down.
Aimia results
Aimia resultsAimia Inc. is set to report its second-quarter financial results on Tuesday. The loyalty rewards company has been working to transform itself since it sold its flagship Aeroplan program back to Air Canada.
Economic data
Economic dataStatistics Canada will release several economic data points that will help paint a picture of how the economy began the second half of the year. The agency's monthly survey of manufacturing for July comes on Tuesday while retail and wholesale trade figures for the month come Friday.
Home sales
Home sales The Canadian Real Estate Association is expected to release is monthly home sales figures for August on Tuesday. The Canadian real estate market has been on a tear, fuelled by pent up demand from the spring when the market froze due to the pandemic and super low mortgage rates that have reduced the cost of borrowing.
Inflation
InflationStatistics Canada will release its consumer price index for August on Wednesday. The annual pace of inflation has slowed to a crawl during the pandemic.
This report by The Canadian Press was first published Sept. 13, 2020.
Companies in this story: (TSX:AIM)
Companies in this story: (TSX:AIM)
News from © The Canadian Press, 2020