BUSINESS

Soaring House Prices And A Leaders' Economic Debate: 5 Things To Watch For This Week

09/14/2015 08:27 EDT | Updated 09/14/2016 05:12 EDT
TORONTO — Five things to watch in Canadian business this week:

Hot housing: The Canadian Real Estate Association is out with the resale housing statistics for August on Tuesday in yet another snapshot of the state of Canada's housing market. Vancouver and Toronto house sales and prices have been on fire for months as Canadians take on more mortgage debt.

Canada as onscreen powerhouse: Valerie Creighton, president and CEO of the Canada Media Fund, appears at the Economic Club of Canada in Ottawa on Wednesday to argue that Canada is a mover and shaker in on-screen content. Creighton has said the CMF is focused on ensuring the Canadian content industry continues to have the resources and the ability to compete internationally.

Leaders showdown: The health of the Canadian economy is the focus of the second national leaders' debate on Thursday in Calgary. Stephen Harper, Justin Trudeau and Tom Mulcair will face questions on their plans on everything from energy and housing to taxation and jobs; Green party leader Elizabeth May wasn't invited.

Coal confab: Coal industry analysts, experts and producers from across Canada and around the world gather for the two-day 2015 Coal Association of Canada Conference in Vancouver on Thursday. The Alberta government recently suggested that early closure of Alberta's coal-fired electricity plants is one option the province's climate change panel is considering.

StatsCan bonanza: There's a slew of StatCan releases this week, including reports on manufacturing and youth employment, culminating with the consumer price index for August on Friday. The CPI gauges inflation and is a key economic indicator.