Five highlights in the Canadian business world this week

As the Canadian business world gears up for an eventful week, here are five key things to watch out for:

1. The House of Commons is set to resume sitting this week, leading up to the federal budget announcement on April 16. The Liberal government has already made significant housing-related announcements during a recent cross-country tour.

2. The BMO Capital Markets CAPP Energy Symposium in Toronto will bring together major players in the Canadian energy industry on Tuesday and Wednesday. This comes as the price of oil reaches its highest level since October.

3. The Bank of Canada will announce its interest rate decision and release its monetary policy report on Wednesday. Economists expect the central bank to maintain its key interest rate target at five per cent, but the report will be closely analyzed for any hints of potential rate cuts.

4. The Canadian Real Estate Association will unveil its March home sales figures and updated forecast for the year on Friday. With mortgage rates in focus, the housing market is under scrutiny this spring.

5. Corus Entertainment Inc. will release its second-quarter results on Friday morning. Following a turbulent 2023, CEO Doug Murphy noted signs of improved advertising demand in the first quarter, but the timeline for a full recovery remains uncertain.

Stay tuned for these developments in the Canadian business landscape. This report by The Canadian Press was first published on April 7, 2024. Companies mentioned in this story include Corus Entertainment Inc. (TSX:CJR.B).