08:21 AM EDT, 10/14/2025 (MT Newswires) -- Bank of Canada Governor Tiff Macklem takes the fight straight into Washington on Thursday, said Scotiabank.

The governor will be interviewed by Adam Posen at the Peterson Institute for International Economics from 1:30 p.m.-2:15 p.m. ET. Macklem is to deliver unpublished opening remarks before the discussion and then address the audience's Q&A.

The loosely defined topic is Canada's monetary policy and economic outlook, with perspectives on trade and financial stability. Expect the United States-driven trade war to figure prominently, noted the bank.

Canada also releases second- and third-tier macro updates this week, pointed out Scotiabank. Existing home sales have been on a four-month winning streak with September's update due on Wednesday.

Manufacturing shipments and wholesale trade -- both on Wednesday -- are likely to fall by over 1% month-over-month seasonally adjusted based on advance guidance from Statistics Canada for the month of August.

Housing starts in September on Thursday will inform whether the pull-back to a still respectable 246,000 seasonally adjusted annual rate level in August was the start of a new trend or not, following four months of readings closer to 300,000, added the bank.