TORONTO – Five things to watch for in the Canadian business world in the coming week:
Reading the BoC tea leavesEconomists and investors will be all ears when senior deputy Bank of Canada governor Carolyn Wilkins delivers a speech in Montebello, Que., on Thursday. After the BoC’s most recent rate hike in January, Wilkins said the central bank is keeping a close eye on a number of risk factors — including NAFTA renegotiations — when considering possible future rate increases.
Pedal to the metal?Statistics Canada data will provide an indication about whether the job market is still on fire when it releases the labour force survey for January on Friday. December’s survey showed that the national unemployment rate fell to its lowest level in more than 40 years as Canada closed out a calendar year that saw it produce jobs at its fastest pace since 2002.
Fairweather friendsBCE Inc. holds a conference call at 8 a.m. to discuss its 2018 guidance and fourth-quarter/year-end results on Thursday. The telecom giant has banded together with other large organizations to create FairPlay Canada, a lobby group that is calling for a new federal agency to locate and shut down websites that are portals for illegally obtained video and audio content.
Swooping into the black?WestJet Airlines discusses fourth-quarter and year-end results on Tuesday. The Calgary-based airline announced on Thursday that Swoop, its new ultra-low-cost carrier, will launch on June 20. The airline will begin with six weekly flights between Abbotsford, B.C., and Hamilton, and six weekly flights between Hamilton and Halifax.
Thomson Reuters earningsThomson Reuters discusses fourth-quarter and year-end results. The media and information juggernaut announced a partnership on Jan. 30 with a group including Canada’s largest pension fund to assume a 55 per cent equity stake in its financial and risk business, a deal valued at $24.7 billion.