The Week Ahead: B.C.'s foreign buyer tax takes effect, 2016 Summer Olympics begin

Olympic rings in Rio de Janeiro, Brazil. , (AP Photo/Patrick Semansky)

Noah Zivitz

Managing Editor, BNN Bloomberg

Archive

Jul 29, 2016

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BNN sets up the week ahead with what investors need to know.

Monday, August 1 – HOLIDAY

Tuesday, August 2

  • Notable earnings: Saputo, Genworth MI Canada, Mosaic, P&G, Pfizer, Molson Coors
  • Notable data: U.S. personal incoming and spending
  • British Columbia’s new 15 per cent property transfer tax on foreign homebuyers takes effect.
  • Major automakers report monthly sales.

Wednesday, August 3​

  • Notable earnings: Shopify, Finning International, Agrium, TMX Group, Tesla Motors,

Thursday, August 4

  • Notable earnings: Manulife Financial, Canadian Tire, BCE, Quebecor, Great-West Lifeco, SNC Lavalin, Restaurant Brands International, Canadian Natural Resources, Penn West, AutoCanada
  • Bank of England releases interest rate decision.

Friday, August 5

  • Notable earnings: Bombardier, Telus, Magna International, Power Corp.
  • Notable data: Labour force survey, Canadian trade balance, U.S. non-farm payrolls
  • 2016 Summer Olympics begin in Rio de Janeiro.