Top 5 Canadian Business Insights for the Upcoming Week Ahead

19 Feb, 2024

Top 5 Canadian Business Insights for the Upcoming Week Ahead

Statistics Canada is set to unveil its latest inflation figures on Tuesday with the release of the consumer price index for January. Following a 3.1 percent increase in November, December saw a 3.4 percent rise in the consumer price index on a year-over-year basis.

Gildan Activewear Inc. will announce its fourth-quarter and full-year earnings before markets open on Wednesday, accompanied by a conference call with financial analysts. The company finds itself entangled in a dispute with shareholders advocating for the return of founder Glenn Chamandy as CEO.

Suncor Energy Inc. will disclose its fourth-quarter and full-year results on Wednesday evening, followed by an investor conference call on Thursday morning. Earlier this month, the company faced a $10.5 million fine from Colorado for air pollution violations spanning July 2019 to June 2021.

Loblaw Cos. Ltd. is slated to unveil its fourth-quarter and full-year results, hosting a conference call on Thursday morning. This announcement comes amid heightened scrutiny in the grocery industry over food costs.

Teck Resources Ltd. will report its fourth-quarter and full-year results on Thursday morning, followed by an investor conference call. In a recent update, the company revealed that its copper and zinc production for 2023 fell short of projections.

This update by The Canadian Press was initially published on February 18, 2024