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Five Things To Watch For In The Canadian Business World This Week

Image: The Canadian Press

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

BoC outlook: Bank of Canada will release its spring Business Outlook Survey on Monday. The central bank’s previous survey in December showed that sentiment had decreased slightly, but remained elevated as responses to almost all the survey questions were holding above their historical averages.

March home sales: The Canadian Real Estate Association is expected to release March home sales results on Monday. CREA’s report for February found that the average price for homes was down 5.2 per cent from last year as the number of sales dropped to a 10−year low for the seasonally weak month.

Aphria results: Aphria Inc. will hold a conference call to discuss its fiscal third−quarter financial results on Monday. The cannabis company along with rival Aurora Cannabis recently announced they were among the three companies selected by the German government to cultivate and distribute medical pot in the European country.

Metro earnings: Metro Inc. will release its second−quarter financial results on Wednesday. The grocer’s performance in its most recent financial year fell in line with company expectations, even as it grappled with supplier pressure to raise prices.

March inflation numbers: Statistics Canada releases its consumer price index for March on Wednesday. The agency’s CPI for February showed that inflation climbed 1.5 per cent compared with a year ago as gains in most spending categories offset lower gasoline prices.

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The Canadian Press