TORONTO –
Five things to watch for in the Canadian business world in the coming week:
Trade numbers:
Statistics Canada will release its international merchandise trade and services figures for December on Tuesday. Canada posted a merchandise trade surplus of $3.1 billion in November, despite the disruptions caused by flooding and landslides in B.C.
Cenovus results:
Cenovus Energy Inc. will release its fourth-quarter and full-year results on Tuesday. The report comes as oil prices have strengthened in recent weeks with benchmark prices topping US$90 a barrel.
Macklem speech:
Bank of Canada governor Tiff Macklem will give a speech to the Canadian Chamber of Commerce by video conference on Wednesday. The Bank of Canada kept is key interest rate target on hold last month, but signalled it was getting ready to start raising rates in an effort to help bring inflation back to its two per cent…
