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

Five key developments to monitor in Canada's business landscape over the upcoming week:

1. Prime Minister Mark Carney will convene the Canada Investment Summit in Toronto, aiming to attract $1 trillion in investments across Canada within five years. Global investors, Canadian executives, and government officials will gather for this two-day event.

2. Statistics Canada will publish its latest consumer price index for August on Monday morning, providing insight into the current inflation rate. In July, the annual inflation rate surged to three percent, primarily driven by higher gas prices, with the rate excluding gasoline standing at 2.2 percent.

3. Two crucial reports regarding the Canadian housing market are scheduled for release this week. The Canadian Real Estate Association anticipates releasing home sales figures for August on Tuesday, followed by housing construction data from Canada Mortgage and Housing Corporation on Wednesday.

4. Retail giant Dollarama Inc. will unveil its second-quarter results and engage in a conference call with investors and financial analysts on Wednesday morning. The company experienced increased profits and sales in the first quarter compared to the same period last year, as it seeks to expand both domestically and internationally.

5. The All In AI tech conference in Montreal commences on Wednesday, gathering industry experts, researchers, and political leaders to discuss Canada's AI ecosystem and strategies for establishing a robust AI-driven economy. The conference comes at a time when concerns surrounding AI safety are on the rise.

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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