Next week in Canada, the economic calendar includes the release of data on Wholesale Trade, New Motor Vehicle Sales, Monthly Survey of Manufacturing, Housing Starts, and Consumer Price Index.
Wholesale sales in Canada decreased by 2.3% to $84.0 billion in April, excluding certain products like petroleum and oilseed.
In May, there were 195,659 new motor vehicles sold in Canada, showing an 11.3% increase from the previous year, with record sales in dollar terms.
Other highlights include a decline in manufacturing sales, a flat trend in housing starts, and a 1.7% year-over-year increase in the Consumer Price Index in May.