Jan 4, 2019
The Week Ahead: Bank of Canada rate decision; lottery for Ontario pot shop licences
By Noah Zivitz
BNN Bloomberg sets up the week ahead with what investors need to know.
Monday, January 7
-Notable data: U.S. factory orders, U.S. durable goods orders, ISM U.S. services index
-Expressions of interest for Ontario cannabis store licences can be submitted starting today (and up until Jan. 9)
-GM expected to respond to Unifor by this date regarding options to keep Oshawa plant open
-U.S. delegation in Beijing for trade talks with China government
Tuesday, January 8
-Notable data: Canadian trade balance, U.S. trade balance
-RBC Capital Markets holds Canadian Bank CEO conference (Dave McKay @ time TBC, Darryl White @ 0915, Victor Dodig @ 1005, Bharat Masrani @ 1045, Louis Vachon @ 1245, Brian Porter @ 1325)
-World Bank releases Global Economic Prospects
Wednesday, January 9
-Notable earnings: Constellation Brands, Aritzia
-Bank of Canada releases interest rate decision and monetary policy report (1000, plus news conference at 1115)
-U.S. Federal Reserve releases minutes from last FOMC meeting (1400)
-Brexit debate resumes in U.K. Parliament
Thursday, January 10
-Notable earnings: Cogeco, Postmedia
-Notable data: Canadian building permits, Canadian new housing price index
-U.S. Federal Reserve Chairman Jerome Powell addresses Economic Club of Washington (1200)
Friday, January 11
-Notable earnings: Aphria, Corus Entertainment
-Notable data: U.S. CPI
-Alcohol and Gaming Commission of Ontario holds lottery for cannabis retail store licences (results to be released within 24 hours)