TORONTO — Five things to watch for in the Canadian business world in the coming week:
Markets
Trading on financial markets is expected to be light as it is the last full week before the Labour Day holiday. The week comes sandwiched between U.S. Federal Reserve chair Jerome Powell's speech in Jackson Hole, Wyo., last week and the Bank of sa国际传媒's interest rate decision on Sept. 6.
Wireless fight
The deadline for sa国际传媒's big wireless companies to respond to each other's submissions to Industry Minister François-Philippe Champagne and his consultations regarding wireless access on Toronto's subway system is Monday. Rogers switched on its high-speed 5G wireless network for customers on the busiest sections of the Toronto subway system in the downtown core on Aug. 23.
Bank earnings
Third-quarter results from sa国际传媒's big banks continue this week with Scotiabank and Bank of Montreal scheduled to report on Tuesday. National Bank is set to report Wednesday followed by Laurentian Bank and CIBC on Thursday. Canadian Western Bank will report its results on Friday.
Payroll figures
Statistics sa国际传媒 will report figures for payroll employment, earnings and hours, and job vacancies in June on Thursday. While the data lags the agency's labour force survey, which tracks the jobs created and lost across the country, the report can offer a more detailed look at what is going on in the labour market.
GDP data
Statistics sa国际传媒 will release its reading on economic growth for June and the second quarter as a whole on Friday when it publishes its latest gross domestic product figures. The federal agency's preliminary estimate for the second quarter suggests real gross domestic product grew at an annualized rate of one per cent for the three-month period.
This report by The Canadian Press was first published Aug. 27, 2023.
Companies in this story: (TSX:RCI.B, TSX:T, TSX:BCE, TSX:QBR.B, TSX:BNS, TSX:BMO, TSX:NA, TSX:CM, TSX:LB, TSX:CWB)
The Canadian Press
