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 for in the Canadian business world in the coming week:

Mining conference

The annual convention of the Prospectors and Developers Association of Canada kicks off on Sunday in Toronto. The four-day meet up is one of the world's largest conventions for the mining industry with over 1,000 exhibitors and 24,000 attendees from around the world.

Trade-war fears

U.S. President Donald Trump has promised details on his proposed tariffs on steel and aluminum imports to the United States this week. Trump has said he wants a 25 per cent tariff on steel and 10 per cent on aluminum, but provided few other details. The move, which some fear may spark a trade war, comes as the seventh round of the NAFTA negotiations wrap up in Mexico City on Monday.

Interest rates

The Bank of Canada is expected to make its latest pronouncement on interest rates on Wednesday. The rate announcement follows recent reports by Statistics Canada that the economy grew less than economists had expected in the fourth quarter of 2017, but that core inflation continued to tick higher in January. …

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