Canada's Economic Future on the Agenda as Premiers Meet and GDP Report Looms

Alberta Premier Danielle Smith and Ontario Premier Doug Ford are set to discuss Canada's economic future at an event in Calgary on Monday. The two premiers will talk about how Canada builds, transports, and sells its energy to the world.

The Canadian economy saw no growth in July, according to a preliminary estimate from Statistics Canada. This was due to offsetting increases and decreases across various sectors. A more detailed report is expected on Tuesday, which will provide further insight into the country's economic performance.

Bank of Canada senior deputy governor Carolyn Rogers will also be speaking this week, giving a speech in Victoria on Thursday. The central bank recently kept its key interest rate at 2.25 per cent, but financial markets are now predicting a possible rate hike later this year.