TORONTO – In the upcoming week, several important financial events are scheduled in the Canadian business world that will capture attention across various sectors.
Bank Earnings
Canada's major banks are set to announce their first-quarter financial results, commencing with Scotiabank on Tuesday, February 27, 2026. Following Scotiabank, BMO Financial Group and the National Bank of Canada will reveal their results on Wednesday, March 1. The remaining banks, including CIBC, TD Bank, and Royal Bank of Canada, are scheduled to report their earnings on Thursday, March 2. These reports are closely monitored indicators of the overall health of the Canadian economy and will provide insights into consumer and business lending trends amid evolving economic conditions.
Loblaw Results
On Wednesday, March 1, Loblaw Companies Limited, a major player in the grocery and drugstore retail sector known for its operational chains such as Loblaws and Shoppers Drug Mart, will release its fourth-quarter results. Recently, the company announced a strategic partnership with Google aimed at enhancing shopping experiences through artificial intelligence, signaling a commitment to integrate technology into their retail strategies. Stakeholders are eager to see how these developments impact Loblaw's performance amid shifting consumer behaviors.
Engineering Earnings
In addition to financial institutions, several prominent Canadian engineering firms will disclose their financial results this week. Stantec Inc. and WSP Global Inc., two of the country's largest engineering companies, are expected to report their latest earnings after the market closes on Wednesday, March 1. Additionally, AtkinsRéalis Group Inc., formerly known as SNC-Lavalin, will issue its financial results before the market opens on Friday, March 3. Investors will be keen to assess these reports, given the current demands on infrastructure and engineering services in Canada.
LeBlanc in Toronto
On Thursday, March 2, Dominic LeBlanc, the federal minister responsible for Canada-U.S. trade, will deliver a speech at a luncheon event hosted by the Canadian Club Toronto. LeBlanc's presence at this event is particularly significant following the U.S. Supreme Court's recent decision which ruled against the use of a national security statute by former President Donald Trump to impose tariffs. The implications of this ruling on trade relations between Canada and the U.S. are likely to be a key topic of discussion at the event.
GDP Reporting
Lastly, on Friday, March 3, Statistics Canada is set to release its figures for gross domestic product (GDP) for December and for the fourth quarter as a whole. The agency's preliminary estimate for December indicated a slight increase of 0.1%, suggesting potential economic trends for the concluding quarter of 2025. However, this modest growth points toward a contraction of 0.5% on an annualized basis for the last quarter, raising concerns about the overall economic trajectory heading into 2026.
Overall, the upcoming week promises significant updates and insights that will shape the business landscape in Canada, addressing key sectors from banking to retail and engineering. Stakeholders, investors, and policymakers alike will be closely monitoring these developments as they reflect broader economic trends and challenges.
