April’s manufacturing and wholesale reports on Monday and retail sales on Friday should support the Bank of Canada’s (and our) outlook of Canada’s growth resuming in Q2 after Q1’s contraction. Statistics Canada’s advanced estimate is a 4.6% rise in manufacturing sales, and a 0.6% increase in retail sales. Part of these reflect higher petroleum prices. […]The post April’s Manufacturing, Wholesale and Retail Data to Point to Canada’s Growth Rebound appeared first on ActionForex.