Five business events to watch this week
Mining conference:
The annual convention of the Prospectors and Developers Association of Canada kicks off on Sunday in Toronto.
Trade-war fears:
U.S. President Donald Trump has promised details on his proposed tariffs on steel and aluminum imports to the United States this week. Trump has said he wants a 25-per-cent tariff on steel and 10 per cent on aluminum, but provided few other details. The move, which some fear may spark a trade war, comes as the seventh round of the NAFTA negotiations wrap up in Mexico City on Monday.
Interest rates:
The Bank of Canada is expected to make its latest pronouncement on interest rates on Wednesday.
Economic data:
The Bank of Canada has said its decisions will be data dependant and this week will see several key economic data points. Statistics Canada releases the international merchandise trade results for January on Wednesday, building permits for January on Thursday and jobs figures for February on Friday.
More corporate earnings:
Construction company Aecon Group Inc. releases fourth-quarter and year-end results on Tuesday. The company is facing a full national security review of its sale to a Chinese state-owned business. Other companies reporting results this week include Morneau Shepell Inc. on Wednesday and Cara Operations Ltd. on Friday.