Two key data points for Canada's housing market are expected Monday. The Canadian Real Estate Association is expected to release its sales results for February and Canada Mortgage and Housing Corp. will release February housing starts data. Home sales have been hot in recent months fuelled by super low mortgage rates.Statistics Canada will release its monthly survey of manufacturing for January on Monday. Statistics Canada previously reported that manufacturing sales rose 0.
The agency previously reported that Canada's headline inflation barometer rose one per cent in January compared with the same month last year, accelerating from the end of 2020 and poised to go higher in the coming months.Power Corp. of Canada is expected to report its latest quarterly results after the close of markets on Wednesday and hold a conference call with financial analysts on Thursday morning.
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