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Five things to watch for in the Canadian business world, week of May 20th

CIBC will releases its results for the quarter ended April 30 on Wednesday. Statistics Canada will release retail trade figures for March on Wednesday, followed by wholesale sales figures for March on Thursday. Canada Mortgage and Housing Corporation will release its latest national mortgage and consumer credit trends report on Wednesday. Royal Bank of Canada will release its second-quarter results on Thursday. Statistics Canada will release its cannabis economic account for the first quarter on Thursday. Figures from the agency's recent national cannabis survey showed that 18 per cent of Canadians aged 15 years and older said they used pot within the last three months. That's an increase of 14 per cent who reported using cannabis a year earlier, before legalization in October 2018.
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