5 issues to observe for within the Canadian enterprise world within the coming week


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TORONTO — 5 issues to observe for within the Canadian enterprise world within the coming week:

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Inventory markets in Canada and the U.S. had been underneath stress final week after the U.S. Federal Reserve raised its key rate of interest by three-quarters of a proportion level and forecast extra hikes are to return. Buyers can be watching to see the place markets go now.

Dye & Durham outcomes

Dye & Durham Ltd. will launch its fourth-quarter and full-year monetary outcomes after the shut of markets on Monday and maintain a convention name with traders. The corporate known as off its proposed acquisition of Australian firm Hyperlink Group final week, however mentioned it has a “strong pipeline” of merger and acquisition alternatives.

Railway hearings

The U.S. Floor Transportation Board will maintain three days of hearings beginning on Wednesday into the proposed merger between Canadian Pacific Railway Ltd. and Kansas Metropolis Southern Railway Co. The general public hearings can be held on the board’s headquarters in Washington.

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GDP report

Statistics Canada will launch its figures for gross home product by trade for July on Thursday. The preliminary estimate for the month prompt actual GDP edged down by 0.1 per cent for the month as output fell within the manufacturing, wholesale, retail commerce and utilities sectors.

Journey adjustments

The federal cupboard order imposing necessary COVID-19 vaccination necessities on the Canadian border is about to run out on Friday. Present border restrictions imply most international nationals usually are not allowed to journey to Canada except they’ve accomplished a main sequence of an permitted COVID-19 vaccine, except they qualify for an exception.

This report by The Canadian Press was first printed Sept. 25, 2022.

Corporations on this story: (TSX:DND, TSX:CP)


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