There are a pair of key reports this week expected on Monday that will help economists gauge the health of the housing market in Canada. The Canadian Real Estate Association will release its April sales figures on Monday, while Canada Mortgage and Housing Corp. will also release its preliminary housing starts numbers for the month.Statistics Canada will release its consumer price index for April on Tuesday morning. The annual rate of inflation has been coming down in recent months, falling to 4.
The report is the central bank’s look at what it sees are the key vulnerabilities and risks to the financial system. The report comes after several large bank failures in the United States.Canada Goose Holdings Inc. will report its fourth-quarter and full-year results before markets open on Thursday.
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