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Canadian business outlook: Roots Corp. vote and economic data
Several key developments are expected in the Canadian business and economic sectors this week. Shareholders of Roots Corp. are scheduled to vote on Tuesday regarding a proposal by Marquee Brands to take the retailer private. Marquee Brands intends to collaborate with fashion designer Joseph Mimran to expand the brand.
In political and economic news, Ontario Premier Doug Ford is set to address the Empire Club of Canada on Wednesday, focusing on trade relations with the United States. Additionally, Industry Minister Mélanie Joly will speak at the Canadian Club Toronto on Friday regarding industrial pressures.
Economic data releases include Statistics Canada's August building permits, manufacturing, and wholesale trade figures. The housing market will also see significant updates on Friday, with the Canadian Real Estate Association releasing September home sales figures and the Canada Mortgage and Housing Corp. reporting on housing starts.
Entities
Doug Ford · Marquee Brands · Mélanie Joly · Roots Corp. · Statistics Canada