Roots Corp. holds a conference call to discuss its first-quarter financial results on Friday. The clothing retailer recently named Meghan Roach as its new chief executive, who replaces Jim Gabel after the board expressed a need for “renewed leadership.” CP photo

Five things to watch for in the Canadian business world in the coming week

Lululemon Athletica Inc. releases its first-quarter financial results

TORONTO — Five things to watch for in the Canadian business world in the coming week:

Housing starts

Canada Mortgage and Housing Corp. will release preliminary housing start data for May on Monday. The country’s national housing agency announced last week that it was increasing qualifying credit score for mortgage insurance and limiting gross and total debt servicing ratios in order to shore up vulnerabilities in the housing market.

Transat earnings

Transat AT holds a conference call to discuss its second-quarter financial results on Thursday. The company announced on May 25 that it was extending the timing of its acquisition by Air Canada after European regulators launched an in-depth investigation into the deal over concerns it may reduce competition and result in higher prices.

Lululemon results

Lululemon Athletica Inc. releases its first-quarter financial results and holds a conference call with analysts to discuss the results on Thursday. The clothing company is one of several brands that has seen a spike in sales for “work leisure” clothing amid the COVID-19 pandemic.

Latest household debt numbers

Statistics Canada is set to release its national balance sheet and financial flow accounts, which include the household-debt-to-income ratio, for the first quarter of 2020 on Friday. The report for the fourth quarter showed that household debt as a percentage of disposable income edged lower, with Canadian households owing an average of $1.763 for every dollar of disposable income, down from the $1.766 in the previous quarter.

Roots earnings

Roots Corp. holds a conference call to discuss its first-quarter financial results on Friday. The clothing retailer recently named Meghan Roach as its new chief executive, who replaces Jim Gabel after the board expressed a need for “renewed leadership.”

Coronavirus

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

UPDATED: Red Deer has nine active COVID-19 cases

Number of cases increased by 107 Friday

“My world exploded,” says Bentley-area farmer who’s swather was struck by a motorist

Dennis Duncan was a mile from home when his swather was struck by another travelling at high speeds

Man sentenced to 7 years for gas-and-dash death of Alberta gas station owner

Ki Yun Jo was killed after Mitchell Sydlowski sped off in a stolen cube van without paying for $198 of fuel

New owners of Sylvan Lake Canadian Tire looking to be big part of the community

Randy and Alison Patton are the new owners of Sylvan Lake Canadian Tire

QUIZ: A celebration of apples

September is the start of the apple harvest

Wetaskiwin RCMP make arrests for Hit and Run to residence

Damage estimates are expected to be in excess of $20,000.

Young Canadians have curtailed vaping during pandemic, survey finds

The survey funded by Heart & Stroke also found the decrease in vaping frequency is most notable in British Columbia and Ontario

B.C., Alberta sending nearly 300 fire personnel by Friday to help battle wildfires in Oregon

Some 230 firefighters, most from British Columbia but including a number from Alberta, will be deployed Friday

Death of mother grizzly a ‘big loss’ for bear population in Banff park: experts

The bear, known as No. 143, spent most of her time in the backcountry of Banff

U.S.-Canadian border closure reportedly could extend through November

The border between the two countries has been closed to non-essential travel since March 21

Threat of fall federal election eases as COVID-19 cases continue to rise

Congeniality emerged as fears of second wave of COVID-19 were heightened after another case increase

Most Read