Canadian Economic Calendar - August 2018

DateStatisticForCurrent MonthPrevious Month
Wednesday, August 01, 2018Markit Canada Manufacturing PMI: 9:30 amJulyAt 56.9 in July, the seasonally-adjusted IHS Markit, Canada Manufacturing Purchasing Managers’ Index fell only slightly from June’s survey record high of 57.1 and remained indicative of a strong improvement in overall business conditions. The IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI), a measure of manufacturing business conditions, rose to a seasonally adjusted 57.1 last month from 56.2 in May. A reading above 50 shows growth in the sector.
Friday, August 03, 2018Canadian International Merchandise Trade: 8:30amJuneCanada's merchandise trade deficit with the world narrowed from $2.7 billion in May to $626 million in June, the smallest deficit since January 2017. Exports increased 4.1%, while imports edged down 0.2%Canada's merchandise trade deficit with the world totaled $2.8 billion in May, widening from a $1.9 billion deficit in April. Imports rose 1.7% while exports edged down 0.1%.
Tuesday, August 07, 2018IVEY Purchasing Managers Index: 10:00amJulyWestern University’s IVEY School of Business reported its Purchasing Managers Index (PMI) came in for July at 61.8, down from June’s reading of 63.1, and July 2017's level of 60Western University’s IVEY School of Business reported its Purchasing Managers Index (PMI) came in for June at 63.1, up from May’s reading of 62.5, and a 61.6 level for June 2017.
Wednesday, August 08, 2018Building Permits: 8:30amJuneIn June, Canadian municipalities issued $8.1 billion worth of building permits, down 2.3% from the previous month. The value of permits issued by Canadian municipalities increased 4.7% to $8.2 billion in May.
Thursday, August 09, 2018Housing Starts: 8:15amJulyThe trend in housing starts was 219,988 units in July 2018, compared to 221,738 units in June 2018, according to Canada Mortgage and Housing CorporationCanada Mortgage and Housing Corp. says the annual pace of home building increased in June, boosted by a jump in multi-unit projects. CMHC says the seasonally adjusted annual rate of housing starts increased to 248,138 units in June, up from 193,902 in May.
Thursday, August 09, 2018New Housing Price Index: 8:30amJuneNew home prices increased in June, marking the first upward movement since November 2017.Canadian new house prices remained unchanged on a national basis in May, for a third consecutive month.
Friday, August 10, 2018Labour Force Survey: 8:30amJulyEmployment rose by 54,000 in July, driven by gains in part-time work. The unemployment rate declined by 0.2 percentage points to 5.8%.After two consecutive months of little change, employment rose by 32,000 in June. With more people searching for work, the unemployment rate increased by 0.2 percentage points to 6.0%. Compared with June 2017, employment increased by 215,000 or 1.2%, with all the growth in full-time work. Over the same period, total hours worked grew by 1.4%.
Wednesday, August 15, 2018CREAstats - MLS Sales: 8:30amJulyResales of Canadian homes rose 1.9% in July from June, notching the third straight monthly rise but remaining below the highs seen in recent years, the Canadian Real Estate Association said on Wednesday.Statistics released today by the Canadian Real Estate Association (CREA) show national home sales rose 4.1% from May to June. Actual (not seasonally-adjusted) activity was down 10.7% from June 2017.
Thursday, August 16, 2018Monthly Survey of Manufacturing: 8:30amJuneManufacturing sales rose 1.1% to $58.1 billion in June, following a 1.5% increase in May, mainly due to sharply higher sales in the petroleum and coal product industryManufacturing sales increased 1.4% to $57.1 billion in May, led by the chemical, machinery, and wood product industries.
Friday, August 17, 2018Canada's International Transactions in Securities: 8:30amJuneForeign investment in Canadian securities totalled $11.5 billion in June, up from $3.0 billion in May. At the same time, Canadian investment in foreign securities increased to $11.3 billion, the largest investment since January 2018.Foreign investment in Canadian securities slowed to $2.2 billion in May, down from $9.1 billion in April. Meanwhile, Canadian investors resumed their investment in foreign securities by adding $5.7 billion worth to their holdings, mainly in foreign bonds.
Friday, August 17, 2018Consumer Price Index: 8:30amJulyCPI rose 3.0% on a year-over-year basis in July, following a 2.5% increase in June. On a seasonally-adjusted monthly basis, the CPI was up 0.5% in July, after increasing 0.2% in June.The Consumer Price Index rose 2.5% on a year-over-year basis in June, following a 2.2% increase in May. On a seasonally adjusted monthly basis, the CPI was up 0.1% in June, matching the increase in May.
Tuesday, August 21, 2018Wholesale Trade: 8:30amJune---Wholesale sales rose 1.2% to a record $63.7 billion in May. Sales were up in four of seven sub-sectors, representing approximately 50% of total wholesale sales.
Wednesday, August 22, 2018Retail Trade: 8:30amJune---Retail sales increased 2.0% in May to $50.8 billion, following a 0.9% decline in April. Sales rose in eight of 11 sub-sectors, representing 70% of retail trade.
Thursday, August 23, 2018Employment Insurance: 8:30amJune---In May, 454,100 people received regular Employment Insurance benefits, virtually unchanged from April.
Thursday, August 30, 2018Average Weekly EarningsJune---The average weekly earnings of non-farm payroll employees totalled $998 in May, up 0.4% from April following five months of virtually no change. In the 12 months to May, earnings increased by 2.9%.
Thursday, August 30, 2018GDP: 8:30amJune---Real gross domestic product was up 0.5% in May, after increasing 0.1% in April. The rise was widespread as 19 of 20 industrial sectors registered increases.
Friday, August 31, 2018Industrial Product Price Index: 8:30amJuly---The Industrial Product Price Index rose 0.5% in June, primarily as a result of higher prices for primary non-ferrous metal products and motorized and recreational vehicles
Friday, August 31, 2018Raw Materials Price Index: 8:30amJuly---The Raw Materials Price Index rose 0.5%, mainly on the strength of higher prices for animals and animal products and metal ores, concentrates and scrap.

  • Markit Canada Manufacturing PMI: 9:30 am

    Wednesday, August 01, 2018

    For: July

    Current Month:
    At 56.9 in July, the seasonally-adjusted IHS Markit, Canada Manufacturing Purchasing Managers’ Index fell only slightly from June’s survey record high of 57.1 and remained indicative of a strong improvement in overall business conditions.

    Previous Month:
    The IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI), a measure of manufacturing business conditions, rose to a seasonally adjusted 57.1 last month from 56.2 in May. A reading above 50 shows growth in the sector.

  • Canadian International Merchandise Trade: 8:30am

    Friday, August 03, 2018

    For: June

    Current Month:
    Canada's merchandise trade deficit with the world narrowed from $2.7 billion in May to $626 million in June, the smallest deficit since January 2017. Exports increased 4.1%, while imports edged down 0.2%

    Previous Month:
    Canada's merchandise trade deficit with the world totaled $2.8 billion in May, widening from a $1.9 billion deficit in April. Imports rose 1.7% while exports edged down 0.1%.

  • IVEY Purchasing Managers Index: 10:00am

    Tuesday, August 07, 2018

    For: July

    Current Month:
    Western University’s IVEY School of Business reported its Purchasing Managers Index (PMI) came in for July at 61.8, down from June’s reading of 63.1, and July 2017's level of 60

    Previous Month:
    Western University’s IVEY School of Business reported its Purchasing Managers Index (PMI) came in for June at 63.1, up from May’s reading of 62.5, and a 61.6 level for June 2017.

  • Building Permits: 8:30am

    Wednesday, August 08, 2018

    For: June

    Current Month:
    In June, Canadian municipalities issued $8.1 billion worth of building permits, down 2.3% from the previous month.

    Previous Month:
    The value of permits issued by Canadian municipalities increased 4.7% to $8.2 billion in May.

  • Housing Starts: 8:15am

    Thursday, August 09, 2018

    For: July

    Current Month:
    The trend in housing starts was 219,988 units in July 2018, compared to 221,738 units in June 2018, according to Canada Mortgage and Housing Corporation

    Previous Month:
    Canada Mortgage and Housing Corp. says the annual pace of home building increased in June, boosted by a jump in multi-unit projects. CMHC says the seasonally adjusted annual rate of housing starts increased to 248,138 units in June, up from 193,902 in May.

  • New Housing Price Index: 8:30am

    Thursday, August 09, 2018

    For: June

    Current Month:
    New home prices increased in June, marking the first upward movement since November 2017.

    Previous Month:
    Canadian new house prices remained unchanged on a national basis in May, for a third consecutive month.

  • Labour Force Survey: 8:30am

    Friday, August 10, 2018

    For: July

    Current Month:
    Employment rose by 54,000 in July, driven by gains in part-time work. The unemployment rate declined by 0.2 percentage points to 5.8%.

    Previous Month:
    After two consecutive months of little change, employment rose by 32,000 in June. With more people searching for work, the unemployment rate increased by 0.2 percentage points to 6.0%. Compared with June 2017, employment increased by 215,000 or 1.2%, with all the growth in full-time work. Over the same period, total hours worked grew by 1.4%.

  • CREAstats - MLS Sales: 8:30am

    Wednesday, August 15, 2018

    For: July

    Current Month:
    Resales of Canadian homes rose 1.9% in July from June, notching the third straight monthly rise but remaining below the highs seen in recent years, the Canadian Real Estate Association said on Wednesday.

    Previous Month:
    Statistics released today by the Canadian Real Estate Association (CREA) show national home sales rose 4.1% from May to June. Actual (not seasonally-adjusted) activity was down 10.7% from June 2017.

  • Monthly Survey of Manufacturing: 8:30am

    Thursday, August 16, 2018

    For: June

    Current Month:
    Manufacturing sales rose 1.1% to $58.1 billion in June, following a 1.5% increase in May, mainly due to sharply higher sales in the petroleum and coal product industry

    Previous Month:
    Manufacturing sales increased 1.4% to $57.1 billion in May, led by the chemical, machinery, and wood product industries.

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

    Friday, August 17, 2018

    For: June

    Current Month:
    Foreign investment in Canadian securities totalled $11.5 billion in June, up from $3.0 billion in May. At the same time, Canadian investment in foreign securities increased to $11.3 billion, the largest investment since January 2018.

    Previous Month:
    Foreign investment in Canadian securities slowed to $2.2 billion in May, down from $9.1 billion in April. Meanwhile, Canadian investors resumed their investment in foreign securities by adding $5.7 billion worth to their holdings, mainly in foreign bonds.

  • Consumer Price Index: 8:30am

    Friday, August 17, 2018

    For: July

    Current Month:
    CPI rose 3.0% on a year-over-year basis in July, following a 2.5% increase in June. On a seasonally-adjusted monthly basis, the CPI was up 0.5% in July, after increasing 0.2% in June.

    Previous Month:
    The Consumer Price Index rose 2.5% on a year-over-year basis in June, following a 2.2% increase in May. On a seasonally adjusted monthly basis, the CPI was up 0.1% in June, matching the increase in May.

  • Wholesale Trade: 8:30am

    Tuesday, August 21, 2018

    For: June

    Current Month:
    ---

    Previous Month:
    Wholesale sales rose 1.2% to a record $63.7 billion in May. Sales were up in four of seven sub-sectors, representing approximately 50% of total wholesale sales.

  • Retail Trade: 8:30am

    Wednesday, August 22, 2018

    For: June

    Current Month:
    ---

    Previous Month:
    Retail sales increased 2.0% in May to $50.8 billion, following a 0.9% decline in April. Sales rose in eight of 11 sub-sectors, representing 70% of retail trade.

  • Employment Insurance: 8:30am

    Thursday, August 23, 2018

    For: June

    Current Month:
    ---

    Previous Month:
    In May, 454,100 people received regular Employment Insurance benefits, virtually unchanged from April.

  • Average Weekly Earnings

    Thursday, August 30, 2018

    For: June

    Current Month:
    ---

    Previous Month:
    The average weekly earnings of non-farm payroll employees totalled $998 in May, up 0.4% from April following five months of virtually no change. In the 12 months to May, earnings increased by 2.9%.

  • GDP: 8:30am

    Thursday, August 30, 2018

    For: June

    Current Month:
    ---

    Previous Month:
    Real gross domestic product was up 0.5% in May, after increasing 0.1% in April. The rise was widespread as 19 of 20 industrial sectors registered increases.

  • Industrial Product Price Index: 8:30am

    Friday, August 31, 2018

    For: July

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index rose 0.5% in June, primarily as a result of higher prices for primary non-ferrous metal products and motorized and recreational vehicles

  • Raw Materials Price Index: 8:30am

    Friday, August 31, 2018

    For: July

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index rose 0.5%, mainly on the strength of higher prices for animals and animal products and metal ores, concentrates and scrap.