Statistics Canada to release May inflation reading today - BNN Bloomberg

Statistics Canada is set to release its inflation reading for May this morning.

TD Bank expects Bank of Canada interest rate hike in JulyThe Daily Chase: Markets look to start week flat; Toronto prepares to vote​I don't see how we can avoid a recession: John ZechnerAre energy prices keeping inflation high?AI pioneer Yoshua Bengio to focus on safer uses of AI, argues regulation necessaryA coming recession might not be deep

but it will likely be long: David RosenbergThe Daily Chase: Markets point to negative open; First-time homebuyers concerned with affordability​First-time homebuyers report elevated fears over down payment affordability: SurveyOSFI stability buffer hike could hurt bank profits, dividends: AnalystU.S. stocks slip as investors worry if rally has legs

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TD Bank expects Bank of Canada interest rate hike in July - BNN BloombergTD Bank has upgraded its forecast for Canada`s economic growth, and expects the Bank of Canada will raise rates again in July.
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PetroCanada issues may be 'tip of the iceberg' after Suncor cybersecurity incident - BNN BloombergSuncor Energy Inc. falling victim to a cyberattack may be the most significant cybersecurity breach of an oil and gas company thus far in Canadian history, experts say.
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Canada Soccer may need to explore bankruptcy as financial struggles mountJohn Herdman encouraged Canada Soccer to 'find solutions' as the organization admitted to having serious financial issues on Monday.
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OSFI stability buffer hike could hurt bank profits, dividends: Analyst - BNN BloombergChanges to regulatory requirements for Canadian banks’ cash on hand will lead to stretched profits at the country’s big banks and could hurt dividend payouts, according to an analyst.
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The Week Ahead: CPI data due; U.S. GDP - BNN BloombergA look at what investors will be watching in the upcoming week.
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