TORONTO — Five things to watch for in the Canadian business world in the coming week:
Markets closed
The Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montreal Exchange will be closed on Monday for Ontario's Family Day holiday. The exchanges will resume regular trading on Tuesday.
Inflation
Statistics Canada will report Tuesday its reading for inflation for January. The consumer price index was up 6.3 per cent year over year in December, following a 6.8 per cent increase in November.
Teck results
Teck Resources Ltd. will take questions from investors and financial analysts regarding its latest financial results on Tuesday. The Vancouver-based mining company said last week that it is evaluating alternatives for its steelmaking coal business, including the possible spin-out of an interest in the business.
Loblaw results
Loblaw Companies Ltd. will release its fourth-quarter results before markets open on Thursday and hold a conference call with investors and financial analysts. Profits in the grocery sector have been under increased scrutiny as inflation drives up the cost of living for Canadians including the price of food purchased from supermarkets.
CIBC earnings
CIBC will be the first of Canada's big banks to report its first-quarter results. The bank is expected to report its results and hold a conference call with investors and financial analysts on Friday.
This report by The Canadian Press was first published Feb. 19, 2023.
Companies in this story: (TSX:TECK.B, TSX:L, TSX:CM)
The Canadian Press
