Tariffs
Companies and buyers shall be looking forward to the newest developments in Canada’s commerce dispute with the U.S. and the potential of crippling tariffs being imposed beginning subsequent month. Efforts by Canadian politicians to foyer U.S. President Donald Trump to again off on his threats, which might elevate costs and harm each Canada and the U.S., are anticipated to proceed this week.
Actual property information
Two key information factors for the Canadian housing market are anticipated this week. Canada Mortgage and Housing Corp. is scheduled to launch January housing begins figures on Monday. In the meantime, the Canadian Actual Property Affiliation is predicted to launch dwelling gross sales figures for January on Tuesday. Residence gross sales in December have been up 19.2 per cent in contrast with December 2023.
Inflation
Statistics Canada will releases its newest studying for inflation on Tuesday when it publishes its shopper value index for January. The annual inflation charge was 1.8 per cent in December, down from 1.9 per cent in November.
Earnings
The parade of monetary outcomes from Canadian corporations continues this week. RioCan Actual Property Funding Belief is predicted to report on Tuesday, adopted by Gildan Activewear Inc. and Manulife Monetary Corp. on Wednesday. Cameco Corp., Cascades Inc., Cenovus Power Inc. and Teck Sources Ltd. are set to report outcomes on Thursday. Onex Corp. will report Friday.
Macklem speech
Financial institution of Canada governor Tiff Macklem offers a speech Friday to the Mississauga Board of Commerce and Oakville Chamber of Commerce. The central financial institution minimize its key coverage rate of interest by 1 / 4 of a share level to a few per cent final month.
This report by The Canadian Press was first revealed Feb. 16, 2025.
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Final modified: February 17, 2025