Statistics Canada will release its consumer price index for July on Wednesday. The agency reported last month that the annual inflation number for June hit the Bank of Canada's ideal target as it came down from 2.4 per cent in May, marking the first move lower after four straight months of a rise in the year-over-year change.Royal Bank of Canada will report its third-quarter results on Wednesday.
The Toronto-based lender saw slow growth in personal and small business banking in the second quarter, offsetting its gains in capital markets and U.S. commercial banking as total earnings fell short of analysts' expectations.Transat shareholders will hold a special meeting to vote on Air Canada's $720-million bid for the company on Friday. Quebec's securities tribunal barred rival bidder Group Mach's effort to block the sale on Aug.