Newspaper article The Canadian Press

Five Things to Watch for in the Canadian Business World in the Coming Week

Newspaper article The Canadian Press

Five Things to Watch for in the Canadian Business World in the Coming Week

Article excerpt

Five things to watch for in Canadian business

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TORONTO - Five things to watch this week in Canadian business:

Take a break: Fretting about returning to work Monday? Relax. It's a holiday for most Canadians, including Bay Street traders. The Toronto Stock Exchange is closed.

Real estate tax: As of Tuesday, foreigners buying property in Vancouver will have to pay a 15 per cent tax. The B.C. government introduced the levy in an effort to cool down the city's torrid real estate market -- two months after saying it wasn't in favour of it out of concerns it would deter investment from Asia. Concerns are now rising that foreign capital will migrate elsewhere, including Toronto.

Earnings, earnings, earnings: It's another big week for earnings. …

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