Canada Business Week Ahead: WestJet Vote, Bank Earnings, GDP Report
WestJet flight attendants will finalize their contract ratification vote by Monday afternoon. The tentative agreement reached after a one-day strike in June includes an almost 19% wage increase over three years and a duty period premium that adds compensation for work done on the ground.
The bank earnings of Canada's big banks are also due this week, with BMO Financial Group and Scotiabank reporting their third-quarter results on Tuesday, followed by National Bank on Wednesday. CIBC, Royal Bank of Canada, and Toronto-Dominion Bank will report their results on Thursday.
EQB Inc., which acquired the PC Financial business recently, will release its first quarterly report since the acquisition on Wednesday, followed by a conference call with financial analysts on Thursday morning.