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National Bank Previews Canada's Macroeconomic Data, Events for This Week

BY MT Newswires | ECONOMIC | 10:26 AM EDT

10:26 AM EDT, 05/12/2026 (MT Newswires) -- In Canada, investors get an update on the state of the residential sector with the release of April housing starts on Friday, said National Bank of Canada.

Judging by the data on building permits, the latter could have increased to 245,000 in annualized terms, led by the multi-unit segment, noted the bank. Existing home sales, for their part, may have edged up 0.2% nationally in the fourth month of the

year, led by stronger sales in Toronto and Calgary.

In other news, also on Friday, manufacturing sales may have expanded 3.5% month over month in March, on increases in the oil and coal products and transportation equipment subsectors, stated National Bank.

On Wednesday, the Bank of Canada will publish the summary of deliberations by the Governing Council for the policy decision that was announced on April 29.

A speech by External Deputy Governor Michelle Alexopoulos is also on the central bank's agenda. It will take place on Wednesday, before the Ottawa Economics Association (OEA) and the Canadian Association of Business Economics (CABE).

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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