Canadian Economic Calendar - February 2019

DateStatisticForCurrent MonthPrevious Month
Friday, February 01, 2019Markit Canada Manufacturing PMI: 9:30 amJanThe headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index fell back to 53.0 in January from 53.6 in December. The IHS Markit Canada Manufacturing Purchasing Managers' index, a measure of manufacturing business conditions, fell to a seasonally adjusted 53.6 last month, its lowest since January 2017, from 54.9 in November. A reading above 50 shows growth in the sector.
Tuesday, February 05, 2019Canadian International Merchandise Trade: 8:30amDecAs a partial result of the U.S. government shutdown, Statistics Canada reported Tuesday that the February 5 release for the December 2018 reference month will not occur as originally planned and will be released at a later date.Canadian exports fell 2.9% in November, while imports decreased 0.5%. As a result, Canada's merchandise trade deficit with the world widened from $851 million in October to $2.1 billion in November.
Wednesday, February 06, 2019Building Permits: 8:30amDecCanadian municipalities issued $8.8 billion worth of building permits in December, up 6.0% from November and the fourth consecutive monthly increase. Canadian municipalities issued $8.3 billion worth of building permits in November, up 2.6% from October. Higher construction intentions for commercial buildings drove most of the gain.
Wednesday, February 06, 2019IVEY Purchasing Managers Index: 10:00amJanThe PMI measured 54.7 in January, down sharply from the 59.7 issued in December, and off from the 55.2 in January 2018Western University’s IVEY School of Business said its Purchasing Managers Index registered 59.7 for December, compared to 57.2 the month before and 60.4 in December 2017.
Friday, February 08, 2019Housing Starts: 8:15amJanCanada Mortgage and Housing Corporation says the seasonally-adjusted annual rate came in at 207,968 units for the first month of the year compared with 213,630 in December.The seasonally adjusted annualized rate of housing starts fell to 213,419 units from an upwardly revised 224,349 units in November, the Canadian Mortgage and Housing Corporation (CMHC) said.
Friday, February 08, 2019Labour Force Survey: 8:30amJanThe number of people employed grew by 67,000 in January, mostly among youth aged 15 to 24 and in the services-producing industries. The unemployment rate increased 0.2 percentage points to 5.8% as more people looked for work.Employment held steady in December and the unemployment rate was unchanged at 5.6%.
Thursday, February 14, 2019Monthly Survey of Manufacturing: 8:30amDecManufacturing sales declined for the third consecutive month, down 1.3% to $56.4 billion in December on lower sales of petroleum and coal products.Manufacturing sales fell 1.4% to $57.3 billion in November, the second consecutive monthly decrease.
Thursday, February 14, 2019New Housing Price Index: 8:30amDecNew housing prices were unchanged at the national level for the fifth consecutive month. New home builders in 17 of the 27 census metropolitan areas (CMAs) surveyed reported flat or lower prices in December. Prices at the national level were largely unchanged throughout 2018.New housing prices at the national level were unchanged for a fourth consecutive month.
Friday, February 15, 2019Canada's International Transactions in Securities: 8:30amDecForeign investors reduced their holdings of Canadian securities by $19.0 billion in December, led by a record divestment in Canadian bonds. At the same time, Canadian investors reduced their holdings of foreign securities by $425 million, on sales of U.S. Treasury instruments.Foreign investors acquired $9.5 billion of Canadian securities in November, mainly bonds. Meanwhile, Canadian investors reduced their holdings of foreign securities by $4.1 billion as they sold US shares. The divestment in foreign securities was the largest in a year.
Friday, February 15, 2019CREAstats - MLS Sales: 8:30amJanNational home sales rose 3.6% between December 2018 and January 2019. However, actual (not seasonally adjusted) home sales were down by 4% from a year ago. The number of newly listed homes edged up 1% month-over-month in January.National home sales fell 2.5% from November to December. Actual (not seasonally-adjusted) activity was down by 19% from one year ago.
Thursday, February 21, 2019Employment Insurance: 8:30amDecIn December, 446,300 people received regular Employment Insurance benefits, up 4,600 or 1.0% from November.In November, the number of regular Employment Insurance beneficiaries was virtually unchanged from a month earlier at 439,000, following three consecutive months of declines.
Thursday, February 21, 2019Wholesale Trade: 8:30amDecWholesale sales rose 0.3% to $63.1 billion in December following a 1.1% decline in November. In volume terms, wholesale sales increased 0.3%.Wholesale sales fell 1.0% in November to $63.0 billion, more than offsetting the 0.7% increase in October.
Friday, February 22, 2019Retail Trade: 8:30amDec---Retail sales decreased 0.9% to $50.4 billion in November on lower sales at gasoline stations and motor vehicle and parts dealers. Excluding these two sub-sectors, retail sales increased 0.2%.
Wednesday, February 27, 2019Consumer Price Index: 8:30amJan---The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in December, following a 1.7% increase in November. On a seasonally adjusted monthly basis, the CPI rose 0.2% in December.
Wednesday, February 27, 2019Average Weekly EarningsDec---Average weekly earnings of non-farm payroll employees were $1,012 in November, little changed from the previous month. Compared with 12 months earlier, earnings grew by 2.0%.
Thursday, February 28, 2019Raw Materials Price Index: 8:30amJan---The Raw Materials Price Index was up 3.8%, driven primarily by prices for crude energy products.
Thursday, February 28, 2019Industrial Product Price Index: 8:30amJan---The Industrial Product Price Index fell 0.7% in December, mainly due to lower prices for energy and petroleum products.
Friday, March 01, 2019GDP: 8:30amDec---Real gross domestic product edged down 0.1% in November, partly offsetting an increase of 0.3% in October.

  • Markit Canada Manufacturing PMI: 9:30 am

    Friday, February 01, 2019

    For: Jan

    Current Month:
    The headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index fell back to 53.0 in January from 53.6 in December.

    Previous Month:
    The IHS Markit Canada Manufacturing Purchasing Managers' index, a measure of manufacturing business conditions, fell to a seasonally adjusted 53.6 last month, its lowest since January 2017, from 54.9 in November. A reading above 50 shows growth in the sector.

  • Canadian International Merchandise Trade: 8:30am

    Tuesday, February 05, 2019

    For: Dec

    Current Month:
    As a partial result of the U.S. government shutdown, Statistics Canada reported Tuesday that the February 5 release for the December 2018 reference month will not occur as originally planned and will be released at a later date.

    Previous Month:
    Canadian exports fell 2.9% in November, while imports decreased 0.5%. As a result, Canada's merchandise trade deficit with the world widened from $851 million in October to $2.1 billion in November.

  • Building Permits: 8:30am

    Wednesday, February 06, 2019

    For: Dec

    Current Month:
    Canadian municipalities issued $8.8 billion worth of building permits in December, up 6.0% from November and the fourth consecutive monthly increase.

    Previous Month:
    Canadian municipalities issued $8.3 billion worth of building permits in November, up 2.6% from October. Higher construction intentions for commercial buildings drove most of the gain.

  • IVEY Purchasing Managers Index: 10:00am

    Wednesday, February 06, 2019

    For: Jan

    Current Month:
    The PMI measured 54.7 in January, down sharply from the 59.7 issued in December, and off from the 55.2 in January 2018

    Previous Month:
    Western University’s IVEY School of Business said its Purchasing Managers Index registered 59.7 for December, compared to 57.2 the month before and 60.4 in December 2017.

  • Housing Starts: 8:15am

    Friday, February 08, 2019

    For: Jan

    Current Month:
    Canada Mortgage and Housing Corporation says the seasonally-adjusted annual rate came in at 207,968 units for the first month of the year compared with 213,630 in December.

    Previous Month:
    The seasonally adjusted annualized rate of housing starts fell to 213,419 units from an upwardly revised 224,349 units in November, the Canadian Mortgage and Housing Corporation (CMHC) said.

  • Labour Force Survey: 8:30am

    Friday, February 08, 2019

    For: Jan

    Current Month:
    The number of people employed grew by 67,000 in January, mostly among youth aged 15 to 24 and in the services-producing industries. The unemployment rate increased 0.2 percentage points to 5.8% as more people looked for work.

    Previous Month:
    Employment held steady in December and the unemployment rate was unchanged at 5.6%.

  • Monthly Survey of Manufacturing: 8:30am

    Thursday, February 14, 2019

    For: Dec

    Current Month:
    Manufacturing sales declined for the third consecutive month, down 1.3% to $56.4 billion in December on lower sales of petroleum and coal products.

    Previous Month:
    Manufacturing sales fell 1.4% to $57.3 billion in November, the second consecutive monthly decrease.

  • New Housing Price Index: 8:30am

    Thursday, February 14, 2019

    For: Dec

    Current Month:
    New housing prices were unchanged at the national level for the fifth consecutive month. New home builders in 17 of the 27 census metropolitan areas (CMAs) surveyed reported flat or lower prices in December. Prices at the national level were largely unchanged throughout 2018.

    Previous Month:
    New housing prices at the national level were unchanged for a fourth consecutive month.

  • Canada's International Transactions in Securities: 8:30am

    Friday, February 15, 2019

    For: Dec

    Current Month:
    Foreign investors reduced their holdings of Canadian securities by $19.0 billion in December, led by a record divestment in Canadian bonds. At the same time, Canadian investors reduced their holdings of foreign securities by $425 million, on sales of U.S. Treasury instruments.

    Previous Month:
    Foreign investors acquired $9.5 billion of Canadian securities in November, mainly bonds. Meanwhile, Canadian investors reduced their holdings of foreign securities by $4.1 billion as they sold US shares. The divestment in foreign securities was the largest in a year.

  • CREAstats - MLS Sales: 8:30am

    Friday, February 15, 2019

    For: Jan

    Current Month:
    National home sales rose 3.6% between December 2018 and January 2019. However, actual (not seasonally adjusted) home sales were down by 4% from a year ago. The number of newly listed homes edged up 1% month-over-month in January.

    Previous Month:
    National home sales fell 2.5% from November to December. Actual (not seasonally-adjusted) activity was down by 19% from one year ago.

  • Employment Insurance: 8:30am

    Thursday, February 21, 2019

    For: Dec

    Current Month:
    In December, 446,300 people received regular Employment Insurance benefits, up 4,600 or 1.0% from November.

    Previous Month:
    In November, the number of regular Employment Insurance beneficiaries was virtually unchanged from a month earlier at 439,000, following three consecutive months of declines.

  • Wholesale Trade: 8:30am

    Thursday, February 21, 2019

    For: Dec

    Current Month:
    Wholesale sales rose 0.3% to $63.1 billion in December following a 1.1% decline in November. In volume terms, wholesale sales increased 0.3%.

    Previous Month:
    Wholesale sales fell 1.0% in November to $63.0 billion, more than offsetting the 0.7% increase in October.

  • Retail Trade: 8:30am

    Friday, February 22, 2019

    For: Dec

    Current Month:
    ---

    Previous Month:
    Retail sales decreased 0.9% to $50.4 billion in November on lower sales at gasoline stations and motor vehicle and parts dealers. Excluding these two sub-sectors, retail sales increased 0.2%.

  • Consumer Price Index: 8:30am

    Wednesday, February 27, 2019

    For: Jan

    Current Month:
    ---

    Previous Month:
    The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in December, following a 1.7% increase in November. On a seasonally adjusted monthly basis, the CPI rose 0.2% in December.

  • Average Weekly Earnings

    Wednesday, February 27, 2019

    For: Dec

    Current Month:
    ---

    Previous Month:
    Average weekly earnings of non-farm payroll employees were $1,012 in November, little changed from the previous month. Compared with 12 months earlier, earnings grew by 2.0%.

  • Raw Materials Price Index: 8:30am

    Thursday, February 28, 2019

    For: Jan

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index was up 3.8%, driven primarily by prices for crude energy products.

  • Industrial Product Price Index: 8:30am

    Thursday, February 28, 2019

    For: Jan

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index fell 0.7% in December, mainly due to lower prices for energy and petroleum products.

  • GDP: 8:30am

    Friday, March 01, 2019

    For: Dec

    Current Month:
    ---

    Previous Month:
    Real gross domestic product edged down 0.1% in November, partly offsetting an increase of 0.3% in October.