Canadian Economic Calendar - December 2018

DateStatisticForCurrent MonthPrevious Month
Monday, December 03, 2018Markit Canada Manufacturing PMI: 9:30 amNovThe headline seasonally-adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index registered 54.9 in November, up from 53.9 in October, to signal the sharpest improvement in business conditions since August. The PMI sagged in October to 53.9, from 54.8 in September.
Wednesday, December 05, 2018BoC rate announcement 10:00amDecThe 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%---
Thursday, December 06, 2018IVEY Purchasing Managers Index: 10:00amNovThe PMI for November registered at 57.2, below the reading of 61.8 for October, and 63 for November 2017. The PMI for October came in at 61.8, springing over the reading of 50.4 for September, but falling short of the 63.8 level for October 2017
Thursday, December 06, 2018Canadian International Merchandise Trade: 8:30amOctCanada's exports fell 1.2% in October, while imports were down 0.6%. As a result, Canada's merchandise trade deficit with the world widened from $891 million in September to $1.2 billion in October.Canada's merchandise trade deficit with the world narrowed to $416 million in September from $551 million in August. Imports fell 0.4%, while exports edged down 0.2%.
Friday, December 07, 2018Labour Force Survey: 8:30amNovEmployment rose by 94,000 in November, driven by gains in full-time work. The unemployment rate decreased 0.2 percentage points to 5.6%, the lowest since comparable data became available in 1976.Employment was little changed in October. The unemployment rate decreased 0.1 percentage points to 5.8% as fewer people searched for work. Since November 2017, the unemployment rate has ranged from 5.8% to 6.0%.
Monday, December 10, 2018Housing Starts: 8:15amNovThe trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing CorporationCanada Mortgage and Housing Corporation announced that the trend in housing starts was 206,171 units in October, compared to 207,809 units the month before.
Monday, December 10, 2018Building Permits: 8:30amOctCanadian municipalities issued $8.1 billion worth of building permits in October, edging down 0.2% from September. The decrease was mainly attributable to lower construction intentions for industrial and institutional buildings.Canadian municipalities issued $8.1 billion worth of building permits in September, up 0.4% from August. The national increase was driven by higher construction intentions in Quebec.
Thursday, December 13, 2018New Housing Price Index: 8:30amOct---Statistics Canada declared that new house prices were unchanged nationally for a second consecutive month, despite increases in some pockets across the country.
Monday, December 17, 2018Canada's International Transactions in Securities: 8:30amOct---Foreign investment in Canadian securities totalled $7.7 billion in September, mainly acquisitions of money market instruments. At the same time, Canadian investment in foreign securities resumed to reach $10.6 billion, led by purchases of non-US instruments.
Monday, December 17, 2018CREAstats - MLS Sales: 8:30amNov---Home sales via Canadian MLS® Systems edged back by 1.6% in October 2018. While activity is still stronger compared to the first half of 2018, it remains below monthly levels recorded from early 2014 through 2017.
Tuesday, December 18, 2018Employment Insurance: 8:30amOct---In September, 446,500 people received regular Employment Insurance benefits, down 14,300 (-3.1%) from August.
Tuesday, December 18, 2018Monthly Survey of Manufacturing: 8:30amOct---Manufacturing sales edged up 0.2% in September to $58.5 billion, following a 0.5% decrease in August.
Wednesday, December 19, 2018Consumer Price Index: 8:30amNov---CPI rose 2.4% year over year in October, following a 2.2% increase in September. On a seasonally-adjusted monthly basis, the CPI was up 0.3% in October, after declining 0.1% in September.
Thursday, December 20, 2018Wholesale Trade: 8:30amOct---Wholesale sales declined for a second consecutive month, down 0.5% to $63.2 billion in September. Lower sales were recorded in five of seven subsectors.
Thursday, December 20, 2018Average Weekly EarningsOct---Average weekly earnings of non-farm payroll employees were $1,004 in September, little changed from the previous month. Compared with 12 months earlier, earnings increased 1.8%.
Friday, December 21, 2018GDP: 8:30amOct---Canada's real gross domestic product grew 0.5% in the third quarter, following a 0.7% increase in the second quarter. Real GDP edged down 0.1% in September, following seven consecutive months of growth.
Friday, December 21, 2018Retail Trade: 8:30amOct---Retail sales edged up 0.2% to $50.9 billion in September following a relatively flat August.
Friday, January 04, 2019Industrial Product Price Index: 8:30amNov---The Industrial Product Price Index rose 0.2% in October, mostly driven by higher prices for meat, fish, and dairy products.
Friday, January 04, 2019Raw Materials Price Index: 8:30amNov---The Raw Materials Price Index fell 2.4%, mainly as a result of lower prices for crude energy products.
  • Markit Canada Manufacturing PMI: 9:30 am

    Monday, December 03, 2018

    For: Nov

    Current Month:
    The headline seasonally-adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index registered 54.9 in November, up from 53.9 in October, to signal the sharpest improvement in business conditions since August.

    Previous Month:
    The PMI sagged in October to 53.9, from 54.8 in September.
  • BoC rate announcement 10:00am

    Wednesday, December 05, 2018

    For: Dec

    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%

    Previous Month:
    ---
  • IVEY Purchasing Managers Index: 10:00am

    Thursday, December 06, 2018

    For: Nov

    Current Month:
    The PMI for November registered at 57.2, below the reading of 61.8 for October, and 63 for November 2017.

    Previous Month:
    The PMI for October came in at 61.8, springing over the reading of 50.4 for September, but falling short of the 63.8 level for October 2017
  • Canadian International Merchandise Trade: 8:30am

    Thursday, December 06, 2018

    For: Oct

    Current Month:
    Canada's exports fell 1.2% in October, while imports were down 0.6%. As a result, Canada's merchandise trade deficit with the world widened from $891 million in September to $1.2 billion in October.

    Previous Month:
    Canada's merchandise trade deficit with the world narrowed to $416 million in September from $551 million in August. Imports fell 0.4%, while exports edged down 0.2%.
  • Labour Force Survey: 8:30am

    Friday, December 07, 2018

    For: Nov

    Current Month:
    Employment rose by 94,000 in November, driven by gains in full-time work. The unemployment rate decreased 0.2 percentage points to 5.6%, the lowest since comparable data became available in 1976.

    Previous Month:
    Employment was little changed in October. The unemployment rate decreased 0.1 percentage points to 5.8% as fewer people searched for work. Since November 2017, the unemployment rate has ranged from 5.8% to 6.0%.
  • Housing Starts: 8:15am

    Monday, December 10, 2018

    For: Nov

    Current Month:
    The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation

    Previous Month:
    Canada Mortgage and Housing Corporation announced that the trend in housing starts was 206,171 units in October, compared to 207,809 units the month before.
  • Building Permits: 8:30am

    Monday, December 10, 2018

    For: Oct

    Current Month:
    Canadian municipalities issued $8.1 billion worth of building permits in October, edging down 0.2% from September. The decrease was mainly attributable to lower construction intentions for industrial and institutional buildings.

    Previous Month:
    Canadian municipalities issued $8.1 billion worth of building permits in September, up 0.4% from August. The national increase was driven by higher construction intentions in Quebec.
  • New Housing Price Index: 8:30am

    Thursday, December 13, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    Statistics Canada declared that new house prices were unchanged nationally for a second consecutive month, despite increases in some pockets across the country.
  • Canada's International Transactions in Securities: 8:30am

    Monday, December 17, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    Foreign investment in Canadian securities totalled $7.7 billion in September, mainly acquisitions of money market instruments. At the same time, Canadian investment in foreign securities resumed to reach $10.6 billion, led by purchases of non-US instruments.
  • CREAstats - MLS Sales: 8:30am

    Monday, December 17, 2018

    For: Nov

    Current Month:
    ---

    Previous Month:
    Home sales via Canadian MLS® Systems edged back by 1.6% in October 2018. While activity is still stronger compared to the first half of 2018, it remains below monthly levels recorded from early 2014 through 2017.
  • Employment Insurance: 8:30am

    Tuesday, December 18, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    In September, 446,500 people received regular Employment Insurance benefits, down 14,300 (-3.1%) from August.
  • Monthly Survey of Manufacturing: 8:30am

    Tuesday, December 18, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    Manufacturing sales edged up 0.2% in September to $58.5 billion, following a 0.5% decrease in August.
  • Consumer Price Index: 8:30am

    Wednesday, December 19, 2018

    For: Nov

    Current Month:
    ---

    Previous Month:
    CPI rose 2.4% year over year in October, following a 2.2% increase in September. On a seasonally-adjusted monthly basis, the CPI was up 0.3% in October, after declining 0.1% in September.
  • Wholesale Trade: 8:30am

    Thursday, December 20, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    Wholesale sales declined for a second consecutive month, down 0.5% to $63.2 billion in September. Lower sales were recorded in five of seven subsectors.
  • Average Weekly Earnings

    Thursday, December 20, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    Average weekly earnings of non-farm payroll employees were $1,004 in September, little changed from the previous month. Compared with 12 months earlier, earnings increased 1.8%.
  • GDP: 8:30am

    Friday, December 21, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    Canada's real gross domestic product grew 0.5% in the third quarter, following a 0.7% increase in the second quarter. Real GDP edged down 0.1% in September, following seven consecutive months of growth.
  • Retail Trade: 8:30am

    Friday, December 21, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    Retail sales edged up 0.2% to $50.9 billion in September following a relatively flat August.
  • Industrial Product Price Index: 8:30am

    Friday, January 04, 2019

    For: Nov

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index rose 0.2% in October, mostly driven by higher prices for meat, fish, and dairy products.
  • Raw Materials Price Index: 8:30am

    Friday, January 04, 2019

    For: Nov

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index fell 2.4%, mainly as a result of lower prices for crude energy products.