Deputy Prime Minister and Minister of Finance Chrystia Freeland leaves a news conference held before presenting the Fiscal update in the House of Commons in Ottawa, Monday November 30, 2020. THE CANADIAN PRESS/Adrian Wyld
April 18, 2021 - 7:00 AM
TORONTO - Five things to watch for in the Canadian business world in the coming week:
Federal budget
Finance Minister Chrystia Freeland will release her first budget on Monday. It has been more than two years since the federal Liberals have delivered a budget. They skipped last year due to what the government said was the uncertainty caused by the pandemic.
Housing starts
Canada Mortgage and Housing Corp. will release housing starts for March on Monday. The annual pace of housing starts slowed in February even as the housing market in Canada remained red hot.
Rate announcement
The Bank of Canada will release is latest interest rate decision and monetary policy report on Wednesday. No change is expected in the central bank's key interest rate target, but the monetary policy report will include an update to its forecast for the economy after a stronger-than-expected to start to the year.
Inflation reading
Statistics Canada will release its reading on inflation for March on Wednesday. The consumer price index in February was up 1.1 per cent compared with a year earlier as higher gasoline prices helped push the annual rate up from a 1.0 per cent year-over-year increase in January
Rogers results
Rogers Communications will release its first-quarter results and hold a conference call with financial analysts on Wednesday. The company recently announced a plan to buy Shaw Communciations Inc. and its Freedom Mobile for $26-billion. But the friendly deal requires federal approvals.
This report by The Canadian Press was first published April 18, 2021.
Companies in this story: (TSX:RCI.B, TSX:SJR.B)
News from © The Canadian Press, 2021