On Tuesday, Statistics Canada reports on building permits for March. Economists expect an increase of 1.2% from the previous month.
Meanwhile, The Richard Ivey purchasing managers index for April is posted. Economists expect a reading of 55.
On Thursday, Canada Mortgage and Housing Corp. reports on housing starts in April. Economists expect 230,000 starts, annualized.
On Friday, Statistics Canada releases its labour force survey for April. Economists expect the jobless rate to remain unchanged at 6%, and a net increase of 12,500 jobs.
Separately, StatsCan reports on international merchandise trade in March. Economists expect a surplus of $4.5 billion.
U.S. and overseas
On Thursday, the U.S. Department of Labour reports on initial jobless claims for the week ended May 3. Economists are forecasting 375,000 claims.
Meanwhile, the U.S. Commerce Department reports on wholesale inventories for March. A rise of 0.5% is expected.
Overseas, the Bank of England announces its interest rate decision.
On Friday, U.S. Department of Commerce reports on the trade balance for March. Economists expect a deficit of US$61.4 billion.
Corporate earnings
On Monday Goldcorp Inc. reports its first quarter earnings, as does Boralex Power Income Fund, Enbridge Income Fund, Mullen Group Income Fund, Pengrowth Energy Trust.
On Tuesday, Sun Life Financial Inc. reveals its Q1 results as does Barrick Gold Corp., Bell Aliant Regional Communications Income Fund, Domtar Corp., George Weston Ltd., Kinross Gold Corp., Molson Coors Brewing Co., Newalta Income Fund, Penn West Energy Trust, Savanna Energy Services Corp., Superior Plus Income Fund, and TLC Vision Corp.
On Wednesday, Kingsway Financial Services Inc Enbridge Inc. reports its first quarter results, as does Enbridge Inc., HudBay Minerals Inc., MI Developments Inc., Peyto Energy Trust, and CML HealthCare Income Fund releases first-quarter results.
Meanwhile, Gildan Activewear Inc. reports second-quarter share profit.
On Thursday, Guardian Capital Group Ltd. unveils its Q1 earnings as does AbitibiBowater Inc., Agnico-Eagle Mines Ltd., Algonquin Power Income Fund, Biovail Corp., Breakwater Resources Ltd., Canadian Tire Corp. Ltd., Cascades Inc., Cineplex Galaxy Income Fund, Crew Energy Inc., Delphi Energy Corp., Inter Pipeline Fund, Labopharm Inc., Linamar Corp., Onex Corp., Telus Corp., and Yellow Pages Income Fund.
On Friday, GMP Capital Trust reports first quarter results, as does Crescent Point Energy Trust, Enerplus Resources Fund, Eveready Income Fund, and Manitoba Telecom Services Inc.
The week ahead: Jobs data due Friday
- By: IE Staff
- May 5, 2008 December 14, 2017
- 07:20