Thu, 12 Apr 2012 07:29:32 GMT
Housing starts in Canada grew by 216,000 units in March
Canada's housing starts edged up unexpectedly last month, reported Canada Mortgage and Housing Corporation. Housing starts rose by 216,000 units on an annualized seasonally adjusted basis while experts predicted a 200,000 units fall in March. After the data release, the Canadian Dollar appreciated against its US rival and USD/CAD traded at 1.0024 in late Tuesday session, advancing by 0.2%.