Canadian Economic Calendar - July 2022

DateStatisticForCurrent MonthPrevious Month
Monday, July 4, 2022Markit Canada Manufacturing PMI 9:30 a.m. June---The index registered 56.8 in May, up from 56.2 in April.
Tuesday, July 5, 2022Building Permits: 8:30amMay---The total value of building permits in Canada declined 0.6% in April to $11.7 billion.
Thursday, July 7, 2022IVEY Purchasing Managers Index: 10:00amJune---The index ballooned to 72 in May, from 66.3 in April and showed a vast improvement over the 64.7 figure for May 2021
Thursday, July 7, 2022Canadian International Merchandise Trade: 8:30amMay---Growth in Canadian merchandise imports and exports slowed in April, with imports rising 1.9% and exports increasing 0.6%. As a result, Canada's merchandise trade surplus with the world narrowed from $2.3 billion in March to $1.5 billion in April.
Friday, July 8, 2022Labour Force Survey: 8:30amJune---Employment rose by 40,000 in May and the unemployment rate edged down to 5.1%.
Wednesday, July 13, 2022BoC Interest Rate Decision: 10:00amJuly---The Bank of Canada today increased its target for the overnight rate to 1.5%, with the Bank Rate at 1.75% and the deposit rate at 1.5%.
Thursday, July 14, 2022Monthly Survey of Manufacturing: 8:30amMay---Manufacturing sales increased 1.7% in April, mainly on higher sales of petroleum and coal products, motor vehicles, and primary metals.
Friday, July 15, 2022Canada's International Transactions in Securities: 8:30amMay---Canadian investors purchased a record $29.2 billion of foreign securities in April, after a $46.2 billion divestment in the first quarter of 2022. At the same time, foreign acquisitions of Canadian securities totaled $22.2 billion, led by investment in new bonds denominated in foreign currencies.
Friday, July 15, 2022Wholesale Trade: 8:30amMay---Wholesale sales fell 0.5% in April to $79.8 billion, the second decrease in the past three months.
Friday, July 15, 2022CREAstats - MLS Sales: 8:30amJune---Home sales recorded over Canadian MLS Systems declined by 8.6% between April and May.
Friday, July 15, 2022Housing Starts: 8:15amJune---Housing starts in Canada jumped by 8% over a month earlier to 287,257 units in May, well above market expectations of 252,600 units
Wednesday, July 20, 2022Industrial Product Price Index: 8:30amJune---The Industrial Product Price Index rose by 1.7% month over month in May and by 15.0% compared with May 2021.
Wednesday, July 20, 2022Consumer Price Index: 8:30amJune---CPI rose 7.7% on a year-over-year basis in May, up from a 6.8% gain in April. On a seasonally-adjusted monthly basis, the CPI increased 1.1% in May.
Wednesday, July 20, 2022Raw Materials Price Index: 8:30amJune---The Raw Materials Price Index increased 2.5% on a monthly basis in May, and posted a 37.4% year-over-year increase.
Thursday, July 21, 2022New Housing Price Index: 8:30amJune---New home prices for Canada were up 0.5% in May compared with April, following a 0.3% rise in the previous month.
Friday, July 22, 2022Retail Trade: 8:30amMay---Retail sales increased 0.9% to $60.7 billion in April.
Thursday, July 28, 2022Payroll Employment, Earnings and Hours: 8:30amMay---The number of employees receiving pay or benefits from their employer—measured by the Survey of Employment, Payrolls and Hours—increased by 126,000 (+0.7%) in April.
Friday, July 29, 2022GDP: 8:30amMay---Real gross domestic product rose 0.3% in April, led by growth in goods-producing industries.
  • Markit Canada Manufacturing PMI 9:30 a.m.

    Monday, July 4, 2022

    For: June

    Current Month:
    ---

    Previous Month:
    The index registered 56.8 in May, up from 56.2 in April.
  • Building Permits: 8:30am

    Tuesday, July 5, 2022

    For: May

    Current Month:
    ---

    Previous Month:
    The total value of building permits in Canada declined 0.6% in April to $11.7 billion.
  • IVEY Purchasing Managers Index: 10:00am

    Thursday, July 7, 2022

    For: June

    Current Month:
    ---

    Previous Month:
    The index ballooned to 72 in May, from 66.3 in April and showed a vast improvement over the 64.7 figure for May 2021
  • Canadian International Merchandise Trade: 8:30am

    Thursday, July 7, 2022

    For: May

    Current Month:
    ---

    Previous Month:
    Growth in Canadian merchandise imports and exports slowed in April, with imports rising 1.9% and exports increasing 0.6%. As a result, Canada's merchandise trade surplus with the world narrowed from $2.3 billion in March to $1.5 billion in April.
  • Labour Force Survey: 8:30am

    Friday, July 8, 2022

    For: June

    Current Month:
    ---

    Previous Month:
    Employment rose by 40,000 in May and the unemployment rate edged down to 5.1%.
  • BoC Interest Rate Decision: 10:00am

    Wednesday, July 13, 2022

    For: July

    Current Month:
    ---

    Previous Month:
    The Bank of Canada today increased its target for the overnight rate to 1.5%, with the Bank Rate at 1.75% and the deposit rate at 1.5%.
  • Monthly Survey of Manufacturing: 8:30am

    Thursday, July 14, 2022

    For: May

    Current Month:
    ---

    Previous Month:
    Manufacturing sales increased 1.7% in April, mainly on higher sales of petroleum and coal products, motor vehicles, and primary metals.
  • Canada's International Transactions in Securities: 8:30am

    Friday, July 15, 2022

    For: May

    Current Month:
    ---

    Previous Month:
    Canadian investors purchased a record $29.2 billion of foreign securities in April, after a $46.2 billion divestment in the first quarter of 2022. At the same time, foreign acquisitions of Canadian securities totaled $22.2 billion, led by investment in new bonds denominated in foreign currencies.
  • Wholesale Trade: 8:30am

    Friday, July 15, 2022

    For: May

    Current Month:
    ---

    Previous Month:
    Wholesale sales fell 0.5% in April to $79.8 billion, the second decrease in the past three months.
  • CREAstats - MLS Sales: 8:30am

    Friday, July 15, 2022

    For: June

    Current Month:
    ---

    Previous Month:
    Home sales recorded over Canadian MLS Systems declined by 8.6% between April and May.
  • Housing Starts: 8:15am

    Friday, July 15, 2022

    For: June

    Current Month:
    ---

    Previous Month:
    Housing starts in Canada jumped by 8% over a month earlier to 287,257 units in May, well above market expectations of 252,600 units
  • Industrial Product Price Index: 8:30am

    Wednesday, July 20, 2022

    For: June

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index rose by 1.7% month over month in May and by 15.0% compared with May 2021.
  • Consumer Price Index: 8:30am

    Wednesday, July 20, 2022

    For: June

    Current Month:
    ---

    Previous Month:
    CPI rose 7.7% on a year-over-year basis in May, up from a 6.8% gain in April. On a seasonally-adjusted monthly basis, the CPI increased 1.1% in May.
  • Raw Materials Price Index: 8:30am

    Wednesday, July 20, 2022

    For: June

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index increased 2.5% on a monthly basis in May, and posted a 37.4% year-over-year increase.
  • New Housing Price Index: 8:30am

    Thursday, July 21, 2022

    For: June

    Current Month:
    ---

    Previous Month:
    New home prices for Canada were up 0.5% in May compared with April, following a 0.3% rise in the previous month.
  • Retail Trade: 8:30am

    Friday, July 22, 2022

    For: May

    Current Month:
    ---

    Previous Month:
    Retail sales increased 0.9% to $60.7 billion in April.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, July 28, 2022

    For: May

    Current Month:
    ---

    Previous Month:
    The number of employees receiving pay or benefits from their employer—measured by the Survey of Employment, Payrolls and Hours—increased by 126,000 (+0.7%) in April.
  • GDP: 8:30am

    Friday, July 29, 2022

    For: May

    Current Month:
    ---

    Previous Month:
    Real gross domestic product rose 0.3% in April, led by growth in goods-producing industries.