What to watch this week: housing data and BoC signals take centre stage

A busy week of economic data will shed light on interest rates and Canada's spring housing market. The Bank of Canada will release its Summary of Deliberations after holding rates at 2.25%, addressing inflation and economic growth concerns. Canada's unemployment rose to 6.9%, with inflation near the upper target. April home sales and housing starts data will reveal market trends amid mixed regional activity. U.S. inflation data may influence Canadian mortgage rates.