5 factors to view for in the Canadian organization planet in the coming 7 days:
Bank CEOs will talk at RBC Money Markets 2021 Canadian Financial institution CEO convention on Monday. A number of Canadian firms — which include the country’s major banking companies — claimed not too long ago that they are scheduling to thank their employees for a 12 months of tough perform with calendar year-conclusion bonuses, with some even topping up the quantity.
Corus Amusement Inc. will launch its initial-quarter success and hold a meeting call on Tuesday. The media enterprise claimed in Oct that the pandemic had an uneven effect on diverse areas of its enterprise all through the fourth quarter, with television revenues exhibiting glimmers of hope but steep losses in radio.
Overall economy LOOKAHEAD
Former Bank of Canada governor Stephen Poloz will discuss Canada’s present-day economic climate, coverage priorities and what it all could imply for Canada’s lengthy-phrase prosperity on Wednesday. Chief economists from Canada’s major banks mentioned on Jan. 7 that they expect the economic climate to rebound this yr, but that failing to management COVID-19 or get vaccines into arms could upend that restoration.
Shaw Communications Inc. will be releasing its to start with-quarter success on Wednesday. Western Canada’s major cable business advised analysts in Oct that it really is hoping Shaw shoppers will bundle property online solutions with its new wireless provider, blocking rival Telus Corp. from building more gains in the sector.
Cogeco Inc. and Cogeco Communications Inc. will release Q1 success on Thursday. Soon after fending off two hostile takeover tries from Altice United states of america Inc. and Rogers Communications, CEO Phlippe Jette said in October that Cogeco has the economic assets to do much more acquisitions and support improvements profitably as an impartial organization.
This report by The Canadian Press was first published Jan. 10, 2021
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