Three things to Watch out for this week in Canadian Business

Three things to watch out for this week in Canadian Business.

Housing: The house of Commons finance committee will hear this week from the Bank of Canada Deputy Governor Sylvain Leduc and CMHC Chief Executive Evan Siddall regarding the Canadian Real Estate Market and Home Ownership. The results of which may influence market influx in the coming quarter.

Poloz Speech: Bank of Canada Governor Stephen Poloz is giving a speech in Alberta on Tuesday widely regarded as the “art and science of making monetary policy”. He will also be taking questions at a news conference.

Statistics Canada: Stats Can will release it’s economic report card for November of 2016. Gross domestic Product by industry contracted by 0.3% in October, the first contraction since May of 2016. Economists are hopeful that November will show a break even or advancing GDP.