Here are five major developments to keep an eye on in the Canadian business landscape over the coming week:
- Couche-Tard Earnings Report
Alimentation Couche-Tard Inc. will release its first-quarter financial results after markets close on Tuesday. The Quebec-based convenience store giant recently ended its yearlong attempt to acquire Japan’s Seven & i Holdings Co. Ltd., the owner of 7-Eleven, citing a lack of meaningful engagement from the company.
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- Real Estate Market Updates
Canada’s major city real estate boards will be releasing their August housing market data this week. Calgary’s figures are expected Tuesday, followed by Vancouver on Wednesday and the Greater Toronto Area on Thursday. The reports will shed light on trends in home sales, new listings, and pricing.
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- Scotiabank Financials Summit
The 26th annual Scotiabank Financials Summit takes place on Wednesday, featuring top executives from the financial sector discussing strategic priorities and market conditions. A key highlight will be a Q&A session with Scotiabank president and CEO Scott Thomson.
- August Jobs Report
Statistics Canada will publish its Labour Force Survey for August on Friday. This follows a July report that showed the economy shed 41,000 jobs, with the unemployment rate holding steady at 6.9 per cent. Markets will be watching closely for signs of continued softness or recovery in the labour market.
- Air Canada Union Vote
Voting by Air Canada flight attendants on a new tentative contract will conclude on Saturday at 3 p.m. ET. The proposed agreement, which helped avert a strike, includes wage increases and formalizes compensation for ground time. If rejected, most terms would still be included in a new collective agreement, but wage-related issues would head to arbitration.
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