TORONTO – In the coming week, several significant developments are set to take place in the Canadian business landscape, covering various sectors and issues. Here are five key items to watch for:
Roots Vote
On Tuesday, October 13, 2026, shareholders of Roots Corp. are scheduled to vote on an important deal involving the retailer. This deal aims to take Roots private under the ownership of Marquee Brands, a firm that manages a diverse portfolio, including brands associated with Martha Stewart, Laura Ashley, and Roberto Cavalli. Marquee Brands plans a strategic partnership with Joseph Mimran, a well-known figure in the Canadian fashion industry, recognized for his work with Joe Fresh, Club Monaco, and Alfred Sung. The collaboration is expected to focus on enhancing and expanding the Roots brand.
Ford Speech
Ontario Premier Doug Ford is set to deliver a speech at the Empire Club of Canada on Wednesday, October 14, 2026, in Toronto. Ford has been an outspoken advocate during Canada's ongoing trade disputes with the United States, and his address may provide insights into the provincial government's position and strategy regarding trade negotiations.
Economic Data
On Wednesday, Statistics Canada will publish critical economic indicators starting with building permits data for August. Following this, the agency will release its monthly survey of manufacturing during Thursday. In addition, figures pertaining to wholesale trade for the month of August will also be unveiled, providing a closer look at key sectors of the economy.
Housing Figures
This week will also feature key data concerning the Canadian housing market. On Friday, October 16, 2026, the Canadian Real Estate Association (CREA) will release its home sales figures for September. Simultaneously, the Canada Mortgage and Housing Corp. is anticipated to publish its report on housing starts for the same month. These reports are essential for understanding market trends and economic health within the housing sector.
Joly Speech
Industry Minister Mélanie Joly will address the Canadian Club Toronto on Friday, likely discussing the challenges currently faced by Canadian industries. This follows her recent intervention concerning Stelco, a steel manufacturer that has announced layoffs of up to 500 workers, attributing the decision to an ongoing trade crisis among other factors. Minister Joly has requested clarity from Stelco regarding its parent company, Cleveland-Cliffs, and its commitment to legally binding obligations established during the acquisition agreement in 2024.
This upcoming week presents an array of crucial developments in the Canadian business sector, reflecting on market dynamics, industry challenges, and potential shifts in corporate governance.
