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:

Foreign buyers

CMHC will release a report on foreign buyers in the condo market on Monday. Foreign buyers taxes were enacted in B.C. in 2016 and Ontario in 2017 as part of efforts by the respective provincial governments to cool overheated real estate markets.

Bank earnings

Scotiabank, BMO and CIBC will release first-quarter results next week. The first three months are traditionally the strongest quarter of the banks' financial year, but market volatility and slower mortgage growth during the period could weigh on their latest results.

Inflation snapshot

Statistics Canada will release its consumer price index for January on Wednesday. …

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