Canada business outlook: Key economic indicators for the week

Several major economic developments are expected in Canada this week. Corporate earnings reports for major Canadian companies will continue, following recent volatility in technology stocks related to artificial intelligence investments.

Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers are scheduled to appear before the House of Commons standing committee on finance. This follows a recent quarter-point interest rate increase to 2.5 per cent.

Other key data points include Statistics Canada's report on September merchandise trade figures, which follows recent trade tensions and tariff exchanges between Canada and the United States. Additionally, Finance Minister François-Philippe Champagne is set to deliver the federal budget, while the October labour force survey will be released on Friday to provide updates on the job market following September's loss of 68,000 jobs.