Canadian Economic Calendar - October 2020

DateStatisticForCurrent MonthPrevious Month
Thursday, October 1, 2020Markit Canada Manufacturing PMI: 9:30 amSeptThe headline seasonally-adjusted Markit Canada Manufacturing Purchasing Managers’ Index registered 56.0 in September, up from 55.1 in August, to signal the sharpest improvement in operating conditions since August 2018. The IHS Markit Canada Manufacturing Purchasing Managers’ Index registered 55.1 in August, up from 52.9 in July, to signal the sharpest improvement in business conditions since August 2018.
Thursday, October 1, 2020Building Permits: 8:30amAugThe total value of building permits rose 1.7% to $8.1 billion in August, driven by an increase in the residential sector in Ontario and Quebec.The total value of building permits fell 3.0% to $7.8 billion in July, mainly as a result of declines in British Columbia and Quebec.
Tuesday, October 6, 2020Canadian International Merchandise Trade: 8:30amAugCanadian merchandise exports and imports stabilized in August. Imports fell 1.2%, while exports were down 1.0%. As a result, Canada's merchandise trade deficit with the world narrowed slightly from $2.5 billion in July to $2.4 billion in August.Canada's merchandise trade deficit with the world widened from $1.6 billion in June to $2.5 billion in July. The agency went on to say imports increased 12.7% in July, while exports rose 11.1%.
Wednesday, October 7, 2020IVEY Purchasing Managers Index: 10:00amSeptThe Index declined in September to 54.3, from its August reading of 67.8, but improved from the 48.7 figure from September 2019. The index demurred to 67.8 from July's 68.5, but surpassing the 60.6 reading in August 2019.
Thursday, October 8, 2020Housing Starts: 8:15amSeptThe trend in housing starts was 214,647 units in September, up from 212,609 units in August. CMHC said the trend in housing starts was 213,144 units in August, up from 204,597 units in July.
Friday, October 9, 2020Labour Force Survey: 8:30amSeptFollowing an increase of 246,000 (+1.4%) in August, employment rose by 378,000 (+2.1%) in September. The unemployment rate declined 1.2 percentage points to 9.0% in September, down from the peak of 13.7% in May.Employment rose by 246,000 (or 1.4%) in August, compared with 419,000 (or 2.4%) in July. The unemployment rate fell 0.7 percentage points to 10.2% in August.
Thursday, October 15, 2020CREAstats - MLS Sales: 8:30amSeptThe Canadian Real Estate Association said home sales climbed 0.9% in September from August, raising them to a new all-time monthly record for the third month in a row. The industry group said actual sales, not seasonally adjusted, rose 45.6% from a year earlier, while the group's Home Price Index was up 10.3% from September last year and up 1.3% from August.Home sales recorded over Canadian MLS® Systems increased a further 6.2% in August, raising them to another new all-time monthly record. Actual (not seasonally adjusted) activity was up 33.5% year-over-year.
Friday, October 16, 2020Canada's International Transactions in Securities: 8:30amAugNon-resident investors acquired $15.5 billion of Canadian securities in August, largely purchases of debt securities. At the same time, Canadian investors increased their holdings of foreign securities by $5.7 billion, led by acquisitions of U.S. shares.Non-resident investors reduced their holdings of Canadian securities by $8.5 billion in July. Meanwhile, Canadian investors acquired $1.3 billion of foreign securities, down considerably from a $10.6 billion investment in June.
Friday, October 16, 2020Monthly Survey of Manufacturing: 8:30amAugManufacturing sales fell 2.0% to $52.4 billion in August, following three consecutive months of strong increases.Manufacturing sales increased for the third consecutive month, rising 7.0% to $53.1 billion in July.
Monday, October 19, 2020Wholesale Trade: 8:30amAugWholesale sales grew for a fourth consecutive month in August, though at a much slower pace compared with the previous three months. Sales edged up 0.3% to $65.7 billion in August after growing 5.2% in July.Wholesale sales grew for a third consecutive month in July as sales rose 4.3% to a record high $65.0 billion on the strength of higher sales in the motor vehicle and motor vehicle parts and accessories subsector.
Wednesday, October 21, 2020Consumer Price Index: 8:30amSeptCPI rose 0.5% on a year-over-year basis in September, up from a 0.1% increase in August.The Consumer Price Index (CPI) rose 0.1% on a year-over-year basis in August, matching the increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.1% in August, up from a 0.1% decline in July.
Wednesday, October 21, 2020Retail Trade: 8:30amAugRetail sales rose 0.4% to $53.2 billion in August—the fourth consecutive monthly increase since the record decline in April. Retail sales rose 0.6% to $52.9 billion in July, led by higher sales at motor vehicle and parts dealers and gas stations.
Wednesday, October 21, 2020New Housing Price Index: 8:30amSeptPrices of new homes surged across the nation in September, the largest jump in 14 years. Nationally, prices were up 1.2% in September following a 0.5% increase in August.Prices for new homes increased for the fourth consecutive month, rising 0.5% nationally in August. This marked the largest monthly increase for new home prices at the national level since May 2017.
Wednesday, October 28, 2020BoC Interest Rate Decision: 10:00am------The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of 0.25% The Bank Rate is correspondingly 0.5% and the deposit rate is 0.25%
Thursday, October 29, 2020Payroll Employment, Earnings and Hours: 8:30amAug---The number of employees receiving pay or benefits from their employer, measured in the Survey of Employment, Payrolls, and Hours as payroll employment, rose by 739,700 (+5.1%) in July.
Friday, October 30, 2020GDP: 8:30amAug---Real gross domestic product grew 3.0% in July as all 20 industrial sectors increased in the month.
Friday, October 30, 2020Industrial Product Price Index: 8:30amSept---The Industrial Product Price Index increased 0.3% in August.
Friday, October 30, 2020Raw Materials Price Index: 8:30amSept---This index rose 3.2%, principally due to higher prices for metal ores, concentrates and scrap.

  • Markit Canada Manufacturing PMI: 9:30 am

    Thursday, October 1, 2020

    For: Sept

    Current Month:
    The headline seasonally-adjusted Markit Canada Manufacturing Purchasing Managers’ Index registered 56.0 in September, up from 55.1 in August, to signal the sharpest improvement in operating conditions since August 2018.

    Previous Month:
    The IHS Markit Canada Manufacturing Purchasing Managers’ Index registered 55.1 in August, up from 52.9 in July, to signal the sharpest improvement in business conditions since August 2018.

  • Building Permits: 8:30am

    Thursday, October 1, 2020

    For: Aug

    Current Month:
    The total value of building permits rose 1.7% to $8.1 billion in August, driven by an increase in the residential sector in Ontario and Quebec.

    Previous Month:
    The total value of building permits fell 3.0% to $7.8 billion in July, mainly as a result of declines in British Columbia and Quebec.

  • Canadian International Merchandise Trade: 8:30am

    Tuesday, October 6, 2020

    For: Aug

    Current Month:
    Canadian merchandise exports and imports stabilized in August. Imports fell 1.2%, while exports were down 1.0%. As a result, Canada's merchandise trade deficit with the world narrowed slightly from $2.5 billion in July to $2.4 billion in August.

    Previous Month:
    Canada's merchandise trade deficit with the world widened from $1.6 billion in June to $2.5 billion in July. The agency went on to say imports increased 12.7% in July, while exports rose 11.1%.

  • IVEY Purchasing Managers Index: 10:00am

    Wednesday, October 7, 2020

    For: Sept

    Current Month:
    The Index declined in September to 54.3, from its August reading of 67.8, but improved from the 48.7 figure from September 2019.

    Previous Month:
    The index demurred to 67.8 from July's 68.5, but surpassing the 60.6 reading in August 2019.

  • Housing Starts: 8:15am

    Thursday, October 8, 2020

    For: Sept

    Current Month:
    The trend in housing starts was 214,647 units in September, up from 212,609 units in August.

    Previous Month:
    CMHC said the trend in housing starts was 213,144 units in August, up from 204,597 units in July.

  • Labour Force Survey: 8:30am

    Friday, October 9, 2020

    For: Sept

    Current Month:
    Following an increase of 246,000 (+1.4%) in August, employment rose by 378,000 (+2.1%) in September. The unemployment rate declined 1.2 percentage points to 9.0% in September, down from the peak of 13.7% in May.

    Previous Month:
    Employment rose by 246,000 (or 1.4%) in August, compared with 419,000 (or 2.4%) in July. The unemployment rate fell 0.7 percentage points to 10.2% in August.

  • CREAstats - MLS Sales: 8:30am

    Thursday, October 15, 2020

    For: Sept

    Current Month:
    The Canadian Real Estate Association said home sales climbed 0.9% in September from August, raising them to a new all-time monthly record for the third month in a row. The industry group said actual sales, not seasonally adjusted, rose 45.6% from a year earlier, while the group's Home Price Index was up 10.3% from September last year and up 1.3% from August.

    Previous Month:
    Home sales recorded over Canadian MLS® Systems increased a further 6.2% in August, raising them to another new all-time monthly record. Actual (not seasonally adjusted) activity was up 33.5% year-over-year.

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

    Friday, October 16, 2020

    For: Aug

    Current Month:
    Non-resident investors acquired $15.5 billion of Canadian securities in August, largely purchases of debt securities. At the same time, Canadian investors increased their holdings of foreign securities by $5.7 billion, led by acquisitions of U.S. shares.

    Previous Month:
    Non-resident investors reduced their holdings of Canadian securities by $8.5 billion in July. Meanwhile, Canadian investors acquired $1.3 billion of foreign securities, down considerably from a $10.6 billion investment in June.

  • Monthly Survey of Manufacturing: 8:30am

    Friday, October 16, 2020

    For: Aug

    Current Month:
    Manufacturing sales fell 2.0% to $52.4 billion in August, following three consecutive months of strong increases.

    Previous Month:
    Manufacturing sales increased for the third consecutive month, rising 7.0% to $53.1 billion in July.

  • Wholesale Trade: 8:30am

    Monday, October 19, 2020

    For: Aug

    Current Month:
    Wholesale sales grew for a fourth consecutive month in August, though at a much slower pace compared with the previous three months. Sales edged up 0.3% to $65.7 billion in August after growing 5.2% in July.

    Previous Month:
    Wholesale sales grew for a third consecutive month in July as sales rose 4.3% to a record high $65.0 billion on the strength of higher sales in the motor vehicle and motor vehicle parts and accessories subsector.

  • Consumer Price Index: 8:30am

    Wednesday, October 21, 2020

    For: Sept

    Current Month:
    CPI rose 0.5% on a year-over-year basis in September, up from a 0.1% increase in August.

    Previous Month:
    The Consumer Price Index (CPI) rose 0.1% on a year-over-year basis in August, matching the increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.1% in August, up from a 0.1% decline in July.

  • Retail Trade: 8:30am

    Wednesday, October 21, 2020

    For: Aug

    Current Month:
    Retail sales rose 0.4% to $53.2 billion in August—the fourth consecutive monthly increase since the record decline in April.

    Previous Month:
    Retail sales rose 0.6% to $52.9 billion in July, led by higher sales at motor vehicle and parts dealers and gas stations.

  • New Housing Price Index: 8:30am

    Wednesday, October 21, 2020

    For: Sept

    Current Month:
    Prices of new homes surged across the nation in September, the largest jump in 14 years. Nationally, prices were up 1.2% in September following a 0.5% increase in August.

    Previous Month:
    Prices for new homes increased for the fourth consecutive month, rising 0.5% nationally in August. This marked the largest monthly increase for new home prices at the national level since May 2017.

  • BoC Interest Rate Decision: 10:00am

    Wednesday, October 28, 2020

    For: ---

    Current Month:
    ---

    Previous Month:
    The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of 0.25% The Bank Rate is correspondingly 0.5% and the deposit rate is 0.25%

  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, October 29, 2020

    For: Aug

    Current Month:
    ---

    Previous Month:
    The number of employees receiving pay or benefits from their employer, measured in the Survey of Employment, Payrolls, and Hours as payroll employment, rose by 739,700 (+5.1%) in July.

  • GDP: 8:30am

    Friday, October 30, 2020

    For: Aug

    Current Month:
    ---

    Previous Month:
    Real gross domestic product grew 3.0% in July as all 20 industrial sectors increased in the month.

  • Industrial Product Price Index: 8:30am

    Friday, October 30, 2020

    For: Sept

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index increased 0.3% in August.

  • Raw Materials Price Index: 8:30am

    Friday, October 30, 2020

    For: Sept

    Current Month:
    ---

    Previous Month:
    This index rose 3.2%, principally due to higher prices for metal ores, concentrates and scrap.