Molson Coors will hold its annual meeting on Wednesday in Montreal. CP photo

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

Statistics Canada is scheduled to release its retail trade figures for March on Friday

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

Wholesale trade figures

StatCan is scheduled to release wholesale trade figures for March on Wednesday. The agency reported that sales were up 0.7 per cent to $67.5 billion in February, despite the effects of rail blockades and the early days of the arrival of COVID-19.

Molson update

Molson Coors will hold its annual meeting on Wednesday in Montreal. The beer maker told shareholders in April that it expects a challenging second quarter due to the coronavirus, following a difficult start to the year after a deadly shooting at its Milwaukee brewery in February.

April inflation

StatCan is scheduled to release its Consumer Price Index for April on Wednesday. Figures for March showed that the annual pace of inflation in Canada posted its biggest one-month decline in more than a decade, dropping below one per cent as the price of oil collapsed and the economy was first gripped by the COVID-19 pandemic.

Aircraft movement

StatCan is scheduled to release its weekly aircraft movements for the week of May 2 to 8 on Wednesday, which will provide a glimpse of the state of Canada’s airline industry. Regional carriers have made it clear that they may not survive the pandemic without a tailor-made support program from Ottawa as border shutdowns and the collapse of global travel continue to choke off demand.

Retail trade

Statistics Canada is scheduled to release its retail trade figures for March on Friday. The agency reported that retail sales rose for the fourth consecutive month in February, up 0.3 per cent to $52.2 billion, as the effects of the COVID-19 pandemic had yet to materially affect the economy.

Coronavirus

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

robbery
UPDATE: Shooting suspect arrested by Wetaskiwin/Camrose RCMP

Rimbey RCMP had responded to a complaint of an armed robbery at the Bluffton City General Store

Quality Inn & Suites in Rimbey. Photo Submitted
Rimbey hotel gets new lease on life

The Quality Inn & Suites in Rimbey is now open and taking bookings

Leanne Evans, Rimbey Neighbourhood Place Program Coordinator, accepts a donation of $5,000 from Kevin Maxwell manager of Field Support for Telus. (Photo Submitted)
Rimbey Neighbourhood Place making big changes behind the scenes

Rimbey Neighbourhood Place recently recieved a $5,000 donation from Telus

Alberta chief medical officer of health Dr. Deena Hinshaw updates media on the Covid-19 situation in Edmonton on Friday March 20, 2020. nbsp;Alberta is reporting it's highest daily number of COVID-19 cases, with 364 new infections. THE CANADIAN PRESS/Jason Franson
Alberta confirmed 323 COVID-19 cases Tuesday

Central zone active cases at 145

Health Minister Tyler Shandro and Dr. Deena Hinshaw, the chief medical officer of health, receive flu shot. Photo via Government of Alberta
COVID-19: One more death in central zone

Ponoka County on province’s watchlist

Alberta Premier Jason Kenney arrives for an announcement at a news conference in Calgary, Alta., Tuesday, Sept. 15, 2020.	Kenney is isolating at home after one of his ministers tested positive for COVID-19. THE CANADIAN PRESS/Todd Korol
Alberta premier tests negative for COVID-19 but will isolate for a week

Kenney said he will isolate until Oct. 29 and, in the meantime, work from home

COVID-19. (Image courtesy CDC)
Temporary COVID-19 testing sites coming to Wetaskiwin and Ponoka

The Wetaskiwin location will open Oct. 23, 2020 and the Ponoka location will open Oct. 29.

ACC President and CEO Ken Kolby spoke to Ponoka Chamber of Commerce members over Zoom on Oct. 20. (Image: screenshot)
Alberta chambers are ‘411’ to members, government: ACC president

Changes to government supports, second wave and snap election

Smartphone showing various applications to social media services and Google. (Pixabay photo)
National media calling for level playing field with Google, Facebook

In Canada, Google and Facebook control 80 per cent of all online advertising revenues

RCMP. (Black Press File Photo)
Calgary man dies in two-vehicle collision near Sylvan Lake

A semi truck collided with a SUV just east of Hwy. 781 on Hwy 11.

RCMP. (Phil McLachlan - Black Press Media)
British Columbia man dies during ski trip near glacier west of Calgary

Kananaskis Public Safety and Alpine Helicopters responded around 2:30 p.m.

Prime Minister Justin Trudeau arrives on Parliament Hill in Ottawa on Monday, Oct. 19, 2020, following a week-long break for the House of Commons. THE CANADIAN PRESS/Sean Kilpatrick
One crisis after another for Trudeau since last federal election one year ago

It has been a year of unprecedented calamity and crisis

Alberta's provincial flag flies on a flag pole in Ottawa, Monday, July 6, 2020. Advisers are reportedly recommending Alberta's kindergarten to Grade 4 arts and social studies curriculum remove all references to residential schools because it's "too sad" for young children. THE CANADIAN PRESS/Adrian Wyld
Advisers suggest Alberta students not learn about residential schools before Grade 4

Documents suggest children younger than Grade 4 are too emotionally vulnerable to learn about residential schools

Most Read