THE DAVISVILLE & LEASIDE INSIDER

THE DAVISVILLE & LEASIDE INSIDER

Sunday, December 5, 2010

Bank of Canada calendar this week...Tues Dec 7 set interest rate

In the news this week:

Monday: Statistics Canada reports on building permits issued in October. Economists expect a drop of 5 per cent from the previous month.

Tuesday: The Bank of Canada makes its interest rate announcement. Economists expect the benchmark rate to remain unchanged at 1 per cent.

Wednesday: Canada Housing and Mortgage Corp. reports on housing starts in November. Economists expect 173,000 annualized starts.

Thursday: Statistics Canada issues the new housing price index for October. Economists expect a rise of 0.1 per cent from the previous month.

Friday: Statistics Canada reports on international merchandise trade in October. Economists expect a deficit of $2-billion.

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