Canadian Economic Calendar - December 2019

DateStatisticForCurrent MonthPrevious Month
Monday, December 02, 2019Markit Canada Manufacturing PMI: 9:30 amNovThe IHS Markit Canada Manufacturing PMI increased to 51.4 in November 2019 from 51.2 in the previous month, but below market expectations of 52.6. The IHS Markit Canada Manufacturing Purchasing Managers’ index (PMI), a measure of manufacturing business conditions, rose to a seasonally adjusted 51.2 in October, its highest level since February, from 51.0 in September. A reading above 50 shows expansion in the sector.
Wednesday, December 04, 2019BoC Interest Rate Decision: 11:00amDecThe 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 05, 2019IVEY Purchasing Managers Index: 10:00amNovThe PMI soared to 60.0 in November, towering over October's 48.2 reading, and even surpassing the 57.2 number recorded in November 2018The PMI dipped yet again in October, to 48.2, from September's 48.7, and from the towering 61.7 reading in October 2018
Thursday, December 05, 2019Canadian International Merchandise Trade: 8:30amOctCanada's exports rose 0.8% in October, while imports increased 0.5%. As a result, Canada's merchandise trade deficit with the world narrowed slightly from $1.2 billion in September to $1.1 billion in October.Canada's imports fell 1.7% in September, while exports declined 1.3%. As a result, Canada's merchandise trade deficit with the world narrowed from $1.2 billion in August to $978 million in September
Friday, December 06, 2019Labour Force Survey: 8:30amNovEmployment fell by 71,000 (-0.4%) in November. The unemployment rate rose by 0.4 percentage points to 5.9%.Following two consecutive months of growth, employment held steady in October. The unemployment rate was unchanged at 5.5%
Monday, December 09, 2019Housing Starts: 8:15amNovThe trend in housing starts was 219,047 units in November, compared to 218,253 units in OctoberThe seasonally adjusted annual rates of housing starts in Canada dropped 8.7% from a month earlier to 201,973 units in October, missing market expectations of 221,200, according to Canada Mortgage and Housing Corporation
Monday, December 09, 2019Building Permits: 8:30amOctThe total value of building permits issued by Canadian municipalities decreased 1.5% to $8.3 billion in October. Declines were reported in five provinces, with the largest decrease in British Columbia (-21.2% to $1.3 billion).The total value of building permits issued by Canadian municipalities decreased 6.5% to $8.3 billion in September, largely due to declines in the residential sector.
Monday, December 16, 2019Canada's International Transactions in Securities: 8:30amOct---Foreign investors acquired $4.8 billion of Canadian securities in September, all corporate securities. At the same time, Canadian investors reduced their holdings of foreign securities by $2.4 billion, led by a divestment in U.S. instruments.
Monday, December 16, 2019CREAstats - MLS Sales: 8:30amNov---Actual (not seasonally adjusted) activity was up 12.9% year-over-year (y-o-y). The number of newly listed properties declined by 1.8% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.6% m-o-m and 1.8% y-o-y.
Tuesday, December 17, 2019Monthly Survey of Manufacturing: 8:30amOct---Manufacturing sales edged down 0.2% in September to $57.4 billion, following a 0.8% increase in August
Wednesday, December 18, 2019Employment Insurance: 8:30amOct---In September, 445,600 people received regular Employment Insurance (EI) benefits, down 5,600 (-1.2%) from August.
Wednesday, December 18, 2019Consumer Price Index: 8:30amNov---CPI rose 1.9% on a year-over-year basis in October, matching the increase in August and in September. On a seasonally-adjusted monthly basis, the CPI rose 0.3% in October.
Thursday, December 19, 2019Wholesale Trade: 8:30amOct---Wholesale trade rose 1.0% to $65.1 billion in September, almost entirely offsetting the 1.2% decline in August.
Thursday, December 19, 2019Payroll Employment, Earnings and Hours: 8:30amOct---The average weekly earnings of non-farm payroll employees were $1,042 in September, up 0.9% from August.
Friday, December 20, 2019New Housing Price Index: 8:30amOct---The index was up 0.2% nationally in September—the largest increase in two years.
Friday, December 20, 2019Retail Trade: 8:30amOct---Retail sales decreased for the first time in three months, edging down 0.1% to $51.6 billion in September.
Monday, December 23, 2019GDP: 8:30amOct---Real gross domestic product grew 0.3%, following a 0.9% increase in the second quarter. GDP edged up 0.1% in September, as 13 of 20 industrial sectors increased.
Monday, January 06, 2020Industrial Product Price Index: 8:30amNov---The Industrial Product Price Index edged up by 0.1% in October, primarily due to higher prices for energy and petroleum products.
Monday, January 06, 2020Raw Materials Price Index: 8:30amNov---The Raw Materials Price Index was down 1.9%, primarily due to lower prices for crude energy products.
  • Markit Canada Manufacturing PMI: 9:30 am

    Monday, December 02, 2019

    For: Nov

    Current Month:
    The IHS Markit Canada Manufacturing PMI increased to 51.4 in November 2019 from 51.2 in the previous month, but below market expectations of 52.6.

    Previous Month:
    The IHS Markit Canada Manufacturing Purchasing Managers’ index (PMI), a measure of manufacturing business conditions, rose to a seasonally adjusted 51.2 in October, its highest level since February, from 51.0 in September. A reading above 50 shows expansion in the sector.
  • BoC Interest Rate Decision: 11:00am

    Wednesday, December 04, 2019

    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 05, 2019

    For: Nov

    Current Month:
    The PMI soared to 60.0 in November, towering over October's 48.2 reading, and even surpassing the 57.2 number recorded in November 2018

    Previous Month:
    The PMI dipped yet again in October, to 48.2, from September's 48.7, and from the towering 61.7 reading in October 2018
  • Canadian International Merchandise Trade: 8:30am

    Thursday, December 05, 2019

    For: Oct

    Current Month:
    Canada's exports rose 0.8% in October, while imports increased 0.5%. As a result, Canada's merchandise trade deficit with the world narrowed slightly from $1.2 billion in September to $1.1 billion in October.

    Previous Month:
    Canada's imports fell 1.7% in September, while exports declined 1.3%. As a result, Canada's merchandise trade deficit with the world narrowed from $1.2 billion in August to $978 million in September
  • Labour Force Survey: 8:30am

    Friday, December 06, 2019

    For: Nov

    Current Month:
    Employment fell by 71,000 (-0.4%) in November. The unemployment rate rose by 0.4 percentage points to 5.9%.

    Previous Month:
    Following two consecutive months of growth, employment held steady in October. The unemployment rate was unchanged at 5.5%
  • Housing Starts: 8:15am

    Monday, December 09, 2019

    For: Nov

    Current Month:
    The trend in housing starts was 219,047 units in November, compared to 218,253 units in October

    Previous Month:
    The seasonally adjusted annual rates of housing starts in Canada dropped 8.7% from a month earlier to 201,973 units in October, missing market expectations of 221,200, according to Canada Mortgage and Housing Corporation
  • Building Permits: 8:30am

    Monday, December 09, 2019

    For: Oct

    Current Month:
    The total value of building permits issued by Canadian municipalities decreased 1.5% to $8.3 billion in October. Declines were reported in five provinces, with the largest decrease in British Columbia (-21.2% to $1.3 billion).

    Previous Month:
    The total value of building permits issued by Canadian municipalities decreased 6.5% to $8.3 billion in September, largely due to declines in the residential sector.
  • Canada's International Transactions in Securities: 8:30am

    Monday, December 16, 2019

    For: Oct

    Current Month:
    ---

    Previous Month:
    Foreign investors acquired $4.8 billion of Canadian securities in September, all corporate securities. At the same time, Canadian investors reduced their holdings of foreign securities by $2.4 billion, led by a divestment in U.S. instruments.
  • CREAstats - MLS Sales: 8:30am

    Monday, December 16, 2019

    For: Nov

    Current Month:
    ---

    Previous Month:
    Actual (not seasonally adjusted) activity was up 12.9% year-over-year (y-o-y). The number of newly listed properties declined by 1.8% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.6% m-o-m and 1.8% y-o-y.
  • Monthly Survey of Manufacturing: 8:30am

    Tuesday, December 17, 2019

    For: Oct

    Current Month:
    ---

    Previous Month:
    Manufacturing sales edged down 0.2% in September to $57.4 billion, following a 0.8% increase in August
  • Employment Insurance: 8:30am

    Wednesday, December 18, 2019

    For: Oct

    Current Month:
    ---

    Previous Month:
    In September, 445,600 people received regular Employment Insurance (EI) benefits, down 5,600 (-1.2%) from August.
  • Consumer Price Index: 8:30am

    Wednesday, December 18, 2019

    For: Nov

    Current Month:
    ---

    Previous Month:
    CPI rose 1.9% on a year-over-year basis in October, matching the increase in August and in September. On a seasonally-adjusted monthly basis, the CPI rose 0.3% in October.
  • Wholesale Trade: 8:30am

    Thursday, December 19, 2019

    For: Oct

    Current Month:
    ---

    Previous Month:
    Wholesale trade rose 1.0% to $65.1 billion in September, almost entirely offsetting the 1.2% decline in August.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, December 19, 2019

    For: Oct

    Current Month:
    ---

    Previous Month:
    The average weekly earnings of non-farm payroll employees were $1,042 in September, up 0.9% from August.
  • New Housing Price Index: 8:30am

    Friday, December 20, 2019

    For: Oct

    Current Month:
    ---

    Previous Month:
    The index was up 0.2% nationally in September—the largest increase in two years.
  • Retail Trade: 8:30am

    Friday, December 20, 2019

    For: Oct

    Current Month:
    ---

    Previous Month:
    Retail sales decreased for the first time in three months, edging down 0.1% to $51.6 billion in September.
  • GDP: 8:30am

    Monday, December 23, 2019

    For: Oct

    Current Month:
    ---

    Previous Month:
    Real gross domestic product grew 0.3%, following a 0.9% increase in the second quarter. GDP edged up 0.1% in September, as 13 of 20 industrial sectors increased.
  • Industrial Product Price Index: 8:30am

    Monday, January 06, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index edged up by 0.1% in October, primarily due to higher prices for energy and petroleum products.
  • Raw Materials Price Index: 8:30am

    Monday, January 06, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index was down 1.9%, primarily due to lower prices for crude energy products.