Economy & Markets

Bank of Canada governor Stephen Poloz to address Canadian Club

By Canadian Press |
Source: The Canadian Press

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

> Bombardier investor day
Shareholders will have a chance to question Bombardier executives next week in New York about the company's plans for 2018 after a turbulent 2017. The company faced heat from Toronto City Council over delayed streetcars, fended off a trade complaint from Boeing and partnered with rival Airbus on it C Series jets.

> This year in data
Statistics Canada will release some of its last major reports of the year. Canada's international investment position for the third quarter comes out on Wednesday, the new housing price index for October on Thursday and the monthly survey of manufacturing for October on Friday.

> Season's earnings
As earnings season comes to a close, tour operator Transat A.T. and printer/publisher Transcontinental Inc. discuss fourth-quarter and 2017 results on Thursday. Transat shares have had a banner year, despite challenges from hurricanes Irma and Maria.Transcontinental is planning to close its Metropolitan printing plant in Montreal in January.

> CREA numbers
Real estate market watchers will want to keep an eye out for the Canadian Real Estate Association's monthly home sales numbers, expected on Friday. November's report revealed the third consecutive monthly increase, and recent reports point to a flurry of activity before changes to mortgage lending guidelines take effect in January.

> What he does in the shadows
At his last public address of the year, Bank of Canada governor Stephen Poloz will discuss some of the issues that keep him awake at night at an event hosted by the Canadian Club of Toronto on Thursday. Poloz has already indicated that cybersecurity for the financial sector is a particular area of concern.