Five things to watch for in the Canadian business world in the coming week:
> Wholesale trade
Statistics Canada will release wholesale trade and manufacturing numbers for November on Tuesday. The federal agency said wholesale sales rose 1.0% to $63.8 billion in October, more than offsetting a 0.7% decline in September.
> CP earnings
CP Rail releases its fourth-quarter (Q4) results on Wednesday. Analysts said both CP and rival CN Rail are well positioned to weather potential economic headwinds and the U.S.-China trade war as ongoing investments in new cars and track bolster crude-by-rail and commodities shipments.
> Retail sales
Statistics Canada will release retail trade figures for November on Wednesday. Retail sales increased 0.3% to $51.0 billion in October, topping expectations for an increase of 0.4%.
> Welcome to Whistler
CIBC’s Annual Whistler Institutional Investor Conference kicks off on Wednesday. CIBC decided to cancel the oil and gas part of the conference after Whistler town council took part in a letter-writing campaign in December demanding oil companies compensate it for its costs related to climate change. The mayor subsequently apologized.
> Rogers earnings
Rogers Communications releases Q4 results on Thursday. Strong wireless results helped Canada’s second-largest telco beat analyst expectations in Q3 and raise its full-year outlook.