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Five things to watch for in the Canadian business world in the coming week
Statistics Canada’s consumer price index, housing reports and Dollarama’s quarterly results will test Canada’s economic outlook as Mark Carney opens a $1 trillion investment summit.
Prime Minister Mark Carney begins the two-day Canada Investment Summit in Toronto on Monday, aiming to facilitate $1 trillion in total investment in Canada over the next five years.
On Monday morning, the agency releases the August consumer price index following a 3 per cent annual inflation rate in July driven by higher gasoline prices, with the core rate excluding gasoline at 2.2 per cent.
Housing market data arrives Tuesday and Wednesday as The Canadian Real Estate Association releases August home sales figures on Tuesday, followed by housing starts from Canada Mortgage and Housing Corp. on Wednesday.
Dollarama Inc. reports second-quarter results on Wednesday morning while discussing growth after first-quarter profit and sales rose compared with a year ago.
Starting Wednesday, Montreal hosts The All tech conference, bringing together experts and leaders to discuss the Canadian AI-powered economy amid rising concerns about AI safety.