As we approach the end of October 2024, several important events are set to unfold in the Canadian business landscape that could impact the economy and investor sentiment. On October 29, 2024, Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers will testify before the House of Commons Standing Committee on Finance. This appearance is expected to provide insights into the central bank's monetary policy and economic outlook [61247061].
The following day, on October 30, 2024, the same officials will present to the Standing Senate Committee on Banking, Commerce and the Economy, further elaborating on the challenges and strategies facing the Canadian economy [61247061].
In corporate news, Parkland Corp. is scheduled to report its financial results on October 30, 2024, after market close, followed by a conference call on October 31, 2024. Investors will be keen to assess the company's performance in the context of fluctuating energy prices [61247061].
Additionally, Statistics Canada will release GDP by industry figures for August along with a preliminary estimate for September on October 31, 2024. This data will be crucial for understanding economic growth trends and sectoral performance in the country [61247061].
On November 1, 2024, Enbridge Inc. will report its third-quarter results and hold a conference call, providing further insights into its operations and market conditions [61247061]. Imperial Oil Ltd. will also announce its third-quarter results on the same day, following a recent fine of $50,000 for environmental law violations in August, which may affect investor perceptions [61247061].
Overall, the upcoming week is packed with significant events that could influence the Canadian business sector and the broader economic landscape, making it a critical period for investors and policymakers alike.