For: Mar
Current Month: At 50.5 in March, the headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI®) was down from 52.6 in February and only slightly above the neutral 50.0 mark
Current Month: The PMI measured 54.3 in March, up substantially from the 50.6 registered in February, but significantly lower than the 59.8 issued in March 2018
Current Month: Statistics Canada said employment fell by 7,200 in March, mostly full-time positions in the services sector. The unemployment rate remained at 5.8%
Current Month: Canada Mortgage and Housing Corporation reported that the trend in housing starts was 202,279 units in March 2019, compared to 202,039 units in February 2019.
For: Feb
Current Month: Canadian municipalities issued $7.8 billion worth of building permits in February, down 5.7% from the previous month. The decline was largely due to lower construction intentions for multi-family dwellings.
Current Month: New house prices at the national level were unchanged in February, despite growth in some of the housing markets surveyed.
Current Month: Home sales via Canadian MLS Systems edged up 0.9% in March 2019 following a sharp drop in February, leaving activity near some of the lowest levels recorded in the last six years.
Current Month: Foreign acquisitions of Canadian securities totaled $12.0 billion in February, following a significant investment of $28.6 billion in January. At the same time, Canadian investment in foreign securities increased to $5.3 billion, led by purchases of U.S. corporate bonds.
Current Month: Manufacturing sales edged down 0.2% in February to $56.6 billion, following a 0.8% increase in January.
Current Month: The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in March, following a 1.5% increase in February. On a seasonally adjusted monthly basis, the CPI rose 0.3% in March.
Current Month: Canada's imports declined 1.6% in February, while exports were down 1.3%. As a result, Canada's merchandise trade deficit with the world narrowed slightly, from $3.1 billion in January to $2.9 billion in February.
Current Month: Following three consecutive monthly declines, retail sales rose 0.8% in February to $50.6 billion. Sales were up in five of 11 sub-sectors, representing 73% of retail trade.
Current Month: In February, 441,200 people received regular Employment Insurance benefits, an increase of 4,400 or 1.0% from January.
Current Month: Wholesale sales increased 0.3% to $63.7 billion in February, the third consecutive monthly gain.
For: Apr
Current Month: The Bank of Canada today maintained its target for the overnight rate at 1.75%. The Bank Rate is correspondingly 2% and the deposit rate is 1.5%
Current Month: Average weekly earnings of non-farm payroll employees were $1,007 in February, little changed from the previous month. Compared with 12 months earlier, earnings grew by 1.1%
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