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Five things to watch for in the Canadian business world in the coming week

This week in the Canadian business world, there are five key developments to watch:

1. WestJet flight attendants will hold a week-long contract ratification vote, concluding on Monday. The agreement reached after a previous strike this summer includes an 18% wage increase over three years and a new duty period premium for ground work.

2. Canada's major banks will release their third-quarter financial results this week. BMO Financial Group and Scotiabank will report on Tuesday, National Bank on Wednesday, while CIBC, Royal Bank of Canada, and Toronto-Dominion Bank will unveil their numbers on Thursday.

3. EQB Inc., which recently completed its acquisition of PC Financial, will present its third-quarter results after the market closes on Wednesday, followed by a conference call with financial analysts on Thursday.

4. Finance Minister François-Philippe Champagne and his Indian counterpart, Nirmala Sitharaman, will meet on Thursday. The discussion, including at an event hosted by the Canadian Club in Toronto, is expected to focus on strengthening Canada-India partnerships and revitalizing the bilateral relationship.

5. Statistics Canada will publish its figures for June's gross domestic product (GDP) and the second quarter's performance on Friday. Preliminary estimates suggest a 0.2% growth for June and a 3.4% annualized increase in the second quarter.

Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at winnipegfreepress.com →

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