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

Alberta reports just seven new COVID-19 cases

‘Today’s numbers mark an occasion to be celebrated’

Champion horse gets Hall of Fame nod

Willy from the Donalda Cassidy stable to be part of 2020 Canadian Pro Rodeo HOF inductees

Still no confirmed active COVID-19 cases in Red Deer, central zone

There are 15 new confirmed cases were in Alberta, the province said Thursday

Bashaw Farmers market ready for first event on June 12

Pandemic restrictions pushed start back more than a month

Halkirk 2 wind project will get new hearings

Alberta Court of Appeal sides with the appellants

PODCAST: Black Lives Matter in central Alberta

Community organizers come on the show to discuss central Albertan anti-racist movement

Montreal man believes rough arrest caught on video was racially motivated

Montreal man believes rough arrest caught on video was racially motivated

N.B. police shooting of Indigenous woman leads to questions on ‘wellness checks’

N.B. police shooting of Indigenous woman leads to questions on ‘wellness checks’

Minister says reckoning on police violence against Indigenous people needed

Minister says reckoning on police violence against Indigenous people needed

Nunavut to bring in civilian police review after arrest video: minister

Nunavut to bring in civilian police review after arrest video: minister

Trudeau takes a knee at anti-racism protest on Parliament Hill

Trudeau takes a knee at anti-racism protest on Parliament Hill

Liberal MP Marwan Tabbara faces assault, break and enter, harassment charges

Liberal MP Marwan Tabbara faces assault, break and enter, harassment charges

Black Canadians say racism here is just as harmful as in the United States

Black Canadians say racism here is just as harmful as in the United States

Implementation of Divorce Act reforms delayed eight months by pandemic

Implementation of Divorce Act reforms delayed eight months by pandemic

Most Read