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

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

G7 leaders will gather in Kananaskis, Alta., for their annual meeting, which starts Sunday. The federal government has said its top priorities for the meeting will be strengthening global peace and security, spurring economic growth by improving energy security, fortifying supply chains for critical minerals and accelerating the use of artificial intelligence.

Smith and Moe

Enserva, a national association representing energy companies, will host an event in Calgary on Monday with Alberta Premier Danielle Smith and Saskatchewan Premier Scott Moe. The premiers are expected to talk about what can be done to help increase energy production and security.

Housing

A pair of reports are expected on Monday that will help show how the real estate market in Canada fared in May. The Canadian Real Estate Association will release its May home sales figures and Canada Mortgage and Housing Corp. will release its reading for housing starts for the same month.

Bank of Canada

The Bank of Canada on Tuesday will publish its summary of deliberations for its recent interest rate decision when it decided to keep its key policy rate on hold at 2.75 per cent. Bank of Canada governor Tiff Macklem is also expected to give a speech on Wednesday in St. John’s, N.L.

Empire results

Empire Co. Ltd., which owns multiple grocery banners across the country including Sobeys and Safeway, will release its fourth-quarter results on Thursday before financial markets open. The company said in March that it was seeing sales of products from the U.S. “rapidly dropping” as shoppers look to support the Canadian economy and avoid the potential effects of tariffs.

This report by The Canadian Press was first published June 15, 2025.

Companies in this story: (TSX:EMP.A)

The Canadian Press