08:26 AM EDT, 09/09/2024 (MT Newswires) -- RBC noted that Canada will release the Q2 national Balance sheet accounts on Thursday, while the July wholesale sales will be published on Friday.

Q2 national balance sheet numbers should show the household net worth likely improved as loan growth remained slow, and strong equity markets boosting the value of financial asset holdings, said the bank.

According to Statistics Canada's early indicator, core wholesale sales likely fell by 1.1% month over month in July, given lower sales were observed in the motor vehicle and motor vehicle parts and accessories subsector and in the personal and household goods subsector, stated RBC.