Canadian Business World Set for Busy Week with Key Releases
The Bank of Canada will release its summary of monetary policy deliberations on Wednesday. This comes after it held its interest rate at 2.25 per cent earlier this month, citing signs of economic improvement and easing inflation.
Credit: Sean Kilpatrick/CP
Canadian Pacific Kansas City will announce its second-quarter financial results on the same day, including a record June for transporting Canadian grain. Loblaw Cos. Ltd. will report its quarterly earnings the following morning.
Statistics Canada will publish GDP figures for May and June, while Enbridge Inc. will release its second-quarter results. The Bank of Canada pointed to growth picking up and inflation projected to ease gradually from its recent spike.