Statistics Canada is expected to release its latest reading on inflation this morning.
Statistics Canada to release April reading for inflationTravel, tourism sectors set for major recovery this year, but business spending lagsAdvocates urge provinces to follow Quebec's lead in crackdown on illegal AirbnbsThe Daily Chase: Markets point to positive open; Alberta wildfires continueMarkets turning against the office sector doesn’t make sense: Hines global CIOInflation
likely slowed again in April, but economists say wage growth a top concernThe Daily Chase: Canadian Tire misses analyst expectations; Linamar finds its footingU.S. inflation shows signs of moderating, giving Fed room to pauseSmoke from Alberta wildfires spreading through Canada and parts of the United StatesThe Daily Chase: Alberta wildfires hit oil production; Suncor beats analyst expectations
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The Week Ahead: Canada inflation data; Earnings from Home Depot, Canada Goose - BNN BloombergA look at what investors will be watching in the upcoming week.
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Statistics Canada says wholesale sales excluding petroleum down 0.1 per cent in MarchOverall, sales fell in four of the seven subsectors tracked by the agency
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Risk of shock to financial system down, but concerns linger: Bank of Canada survey - BNN BloombergRisk management experts believe the likelihood of a shock that could impair the Canadian financial system has decreased since last year, but concern remains around geopolitical tensions, high inflation, unemployment and household debt burdens.
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Overhaul permitting process in Canada to keep up with U.S., TC Energy CEO urges - BNN BloombergCanada might be outmatched by the U.S. on raw spending power, but retooling the way Ottawa signs off on infrastructure projects could help it gain ground in the race to build North America's green economy, industry leaders say.
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Oil holds fourth weekly decline as concerns over demand linger - BNN BloombergOil held a fourth weekly drop as concerns over the U.S. economy and China's slower-than-expected recovery weighed on the outlook.
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U.S. stocks gain on hopes for debt ceiling breakthrough - BNN BloombergStocks and commodities climbed as investors bet that U.S. politicians will be able to negotiate a solution to the debt-ceiling standoff, with President Joe Biden voicing optimism that a deal could be reached.
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