Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week:
Imperial Oil Ltd. will report its fourth-quarter results and hold a conference call with investors and financial analysts before financial markets open on Tuesday. The company announced last week that it would go ahead with a $720-million project to build a renewable diesel facility at its Strathcona refinery near Edmonton.
CP Rail earnings
Canadian Pacific Railway Ltd. will report its fourth-quarter financial and operating results after the close of financial markets on Tuesday. The results come as the railway waits for the U.S. Surface Transportation Board to finish its review of its proposed acquisition of Kansas City Southern.
GDP report card
Statistics Canada will report gross domestic product by industry figures for November on Tuesday. The agency’s initial estimate for the month pointed to a gain of 0.1 per cent for the month as gains in the utilities, wholesale, and finance and insurance sectors were partially offset by a drop in the construction, retail, and mining, quarrying, and oil and gas extraction sectors.
BCE Inc. will report its fourth-quarter results for 2022 and offer its guidance for 2023 before financial markets open on Thursday. The company will also hold a conference call with investors and financial analysts.
Rogers Communications Inc. faces a deadline Tuesday for its deal to acquire Shaw Communications. The purchase still requires approval from Industry Minister Francois-Philippe Champagne. Rogers is also expected to report its fourth-quarter results and hold a conference call with the investment community before markets open on Thursday.
This report by The Canadian Press was first published Jan. 29, 2023.
Companies in this story: (TSX:IMO, TSX:CP, TSX:BCE, TSX:LSPD)
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