CAD: Pace of housing starts to increase modestly - TDS

Research Team at TDS, suggests that the Canada’s housing starts for April is the only data release on the calendar.

Key Quotes

“After backtracking last month, TD expects the pace of housing starts to increase modestly from 205k to 210k following a 4.8% increase in residential building permits this week. On the central banking front, the Bank of Canada’s chief of financial markets will speak in Toronto on the developments in fixed income liquidity.”