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Five Things to Watch for in the Canadian Business World in the Coming Week
Statistics Canada releases May consumer price index data as Couche-Tard and Corus report results and Unifor opens auto contract talks.
- Canadian businesses face a busy week starting Monday, headlined by Inflation Statistics Canada's May inflation report and the start of contract negotiations between Unifor and Ford Motor.
- Inflation reached 2.8 per cent in April, rising from 2.4 per cent in March as higher gasoline prices fueled the increase, setting context for Monday's May consumer price index release.
- The automotive sector faces uncertainty regarding Chinese electric vehicles and trade discussions between Canada, the United States, and Mexico as Unifor starts contract talks with Ford Motor.
- Corporate earnings dominate the week as Alimentation Couche-Tard Inc. reports fourth-quarter results on Monday, with Corus Entertainment Inc. releasing third-quarter results Friday morning before markets open.
- Bank of Canada governor Tiff Macklem will deliver a speech in Paris on Tuesday, and the Bank releases its summary of deliberations for the recent interest rate decision on Wednesday.
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Total News Sources9
Leaning Left7Leaning Right0Center1Last UpdatedBias Distribution88% Left
Bias Distribution
- 88% of the sources lean Left
88% Left
L 88%
12%
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