TORONTO — 5 issues to watch for in the Canadian small business planet in the coming week:
The federal election is Monday. Polls recommend a tight race that will most likely see a minority government as the outcome come Tuesday morning, but which celebration will be in the driver’s seat is unclear. The Conservatives have promised to balance the price range inside 5 years, although the Liberal program does not have a timetable to return to balance.
The Bank of Canada is anticipated to release its small business outlook survey on Tuesday. The central bank’s earlier survey, which was accomplished in May possibly and early June, located that following some softness in previous sales, organizations anticipated an enhance in sales development more than the coming year backed by domestic and foreign demand.
CN Rail will talk about its third-quarter earnings on a conference get in touch with on Tuesday. CN chief economic officer Ghislain Houle warned in September that a sputtering economy was contributing to weaker freight volumes following posting record revenues final quarter.
Rogers Communications Inc. will hold a third-quarter conference get in touch with on Wednesday. The cable and wireless enterprise not too long ago announced a partnership with California-primarily based Appreciate Technologies Inc. that will bring a mobile retail idea to Toronto in late October.
Hexo Corp. will report its fourth-quarter outcomes on Thursday. A joint venture amongst the pot producer and beer giant Molson Coors mentioned its portfolio of pot-primarily based drinks set to hit the industry later this year contains a CBD-infused spring water as effectively as beverages containing THC.
This report by The Canadian Press was initially published Oct. 20, 2019.
The Canadian Press