TORONTO– Five points to look for in the Canadian company globe in the coming week:
Postal strike
Canada Post was struck by a strike Friday after stopping working to get to a brand-new agreement with concerning 55,000 employees stood for by the Canadian Union ofPostal Workers All eyes will certainly get on the work conflict today and the length of time it will certainly proceed in advance of the hectic holiday. The federal government just recently transferred to finish work conflicts at ports in B.C. and Montreal by sending them to binding settlement.
Housing begins
Canada Mortgage andHousing Corp will certainly launch its record on real estate begins for October onMonday The seasonally modified yearly price of real estate begins was 223,808 devices in September, up from 213,012 in August.
Rail strike ballot
Unifor claims participants at Unifor Council 4000 and Local 100 operating atCanadian National Railway Co will certainly hold strike ballots throughout Canada beginning onMonday The union claims it stands for concerning 3,500 employees at the train, consisting of rail auto service technicians, technicians, crane drivers, machinists and electrical contractors, in addition to clerical and management, client assistance and fleet technicians.
Inflation
Statistics Canada will certainly launch its October analysis for rising cost of living on Tuesday when it releases its customer rate index for the month. The year-over-year rising cost of living price was up to 1.6 percent in September, the slowest rate given that February 2021 and listed below the Bank of Canada’s target of 2 percent.
Metro outcomes
Metro Inc, the moms and dad firm of Metro food store and Jean Coutu pharmacies, will certainly report its fourth-quarter outcomes on Wednesday early morning. The firm broadened its Moi Rewards program right into Ontario in October after rolling it out in Quebec and New Brunswick in 2015.
This record by The Canadian Press was initial releasedNov 17, 2024.
Companies in this tale: (TSX: MRU, TSX: CNR)
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