Five things to watch in the Canadian business world in the week ahead

TORONTO — Five things to watch in Canadian business over the coming week: Inflation Statistics Canada will release its August inflation numbers on Tuesday. The year-over-year inflation rate slowed to 7.

TORONTO — Five things to watch in the Canadian business world in the coming week:

Inflation

Statistics Canada will release its August reading for inflation on Tuesday. The year-over-year inflation rate slowed to 7.6% in July, mainly due to lower gasoline prices even as prices for food, rents and trips continued to increase.

Bank of Canada speech

Bank of Canada Deputy Governor Paul Beaudry will speak at the University of Waterloo on pandemic macroeconomics. Beaudry is expected to talk about the lessons learned by policy makers during the pandemic and what could happen to us as we continue to face challenges.

Aurora Cannabis Results

Aurora Cannabis Inc. is expected to release its fourth-quarter and full-year financial results Tuesday after markets close and hold a conference call with analysts. The company last week announced an agreement to buy a majority stake in Bevo Agtech Inc., a supplier of vegetable and flower seedlings.

Census data

Statistics Canada is expected to release its latest batch of census data on Wednesday. The data that comes out includes the number of home owners, figures on housing adequacy, the need for repairs and the ratio of the number of people living in a home to the number of bedrooms in the house.

Retail business

On Friday, Statistics Canada will release its retail trade figures for the month of July. The agency’s initial estimate for July released last month pointed to a 2% decline, but it warned the figure would be revised.

This report from The Canadian Press was first published on September 18, 2022.

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The Canadian Press

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