Canadian Economic Calendar - October 2019

DateStatisticForCurrent MonthPrevious Month
Tuesday, October 01, 2019Markit Canada Manufacturing PMI: 9:30 amSeptThe seasonally-adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index rose back above the 50.0 no-change mark in September, posting 51.0 from 49.1 in AugustThe PMI, a measure of manufacturing business conditions, fell to a seasonally adjusted 49.1 in August, a three-month low, from 50.2 in July.
Friday, October 04, 2019IVEY Purchasing Managers Index: 10:00amSeptThe PMI slumped in September to 48.7, from August's 60.6, and also down from 50.4 in September 2018The PMI towered over the previous month, at 60.6 in August, from 54.2 in July, but down from 61.9 in August 2018
Friday, October 04, 2019Canadian International Merchandise Trade: 8:30amAugCanada's exports rose 1.8% in August, while imports were up 1.0%. As a result, Canada's merchandise trade deficit narrowed from $1.4 billion in July to $955 million in August.Imports rose 1.2% in July, while exports fell 0.9%. As a result, Canada's merchandise trade balance with the world went from an essentially balanced position in June to a $1.1 billion deficit in July.
Tuesday, October 08, 2019Housing Starts: 8:15amSeptThe trend in housing starts was 223,507 units in September 2019, compared to 218,782 units in August 2019, according to Canada Mortgage and Housing CorporationThe trend in housing starts was 218,998 units in August 2019, compared to 208,931 units in July 2019, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.
Tuesday, October 08, 2019Building Permits: 8:30amAugThe value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits.The number of building permits issued by Canadian municipalities rose 3.0% to $8.3 billion in July, largely due to increases in multi-family and commercial permits in July.
Thursday, October 10, 2019New Housing Price Index: 8:30amAugNationally, new housing prices were up 0.1% in August, the first increase since July 2018.New housing prices were down 0.1% at the national level for the third consecutive month in July.
Friday, October 11, 2019Labour Force Survey: 8:30amSeptEmployment rose by 54,000 in September, driven by gains in full-time work. The unemployment rate declined 0.2 percentage points to 5.5%.Employment increased by 81,000 in August, largely in part-time work. The unemployment rate remained at 5.7% as more people participated in the labour market.
Tuesday, October 15, 2019CREAstats - MLS Sales: 8:30amSeptNational home sales were up slightly in September, rising rose 0.6% month-over-month. Actual (not seasonally adjusted) activity was up 15.5% year-over-year The Canadian Real Estate Association reported Monday that home sales recorded via Canadian MLS® Systems advanced for the sixth consecutive month in August. Transactions are now running almost 17% above the six-year low reached in February 2019, but remain about 10% below highs reached in 2016 and 2017.
Wednesday, October 16, 2019Canada's International Transactions in Securities: 8:30amAugForeign investors acquired $5.0 billion of Canadian securities in August, following two months of divestment. At the same time, Canadian investors reduced their holdings of foreign securities by $4.7 billion, the largest divestment since JanuaryForeign investors reduced their holdings of Canadian securities by $1.2 billion in July, the fourth decline in five months. At the same time, Canadian investment in foreign securities increased to $12.5 billion, the largest investment since October 2018.
Wednesday, October 16, 2019Consumer Price Index: 8:30amSeptCPI rose 1.9% on a year-over-year basis in September, matching the increase in August. On a seasonally adjusted monthly basis, the CPI fell 0.1% in September.The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in August, following a 2.0% increase in July. On a seasonally adjusted monthly basis, the CPI was unchanged in August.
Thursday, October 17, 2019Monthly Survey of Manufacturing: 8:30amAug---Manufacturing sales decreased 1.3% to $57.2 billion in July, mainly as a result of lower sales at primary metal and motor vehicle industries.
Tuesday, October 22, 2019Retail Trade: 8:30amAug---Retail sales advanced for the first time in three months, increasing 0.4% in July to $51.5 billion. Higher sales were reported in six of 11 sub-sectors representing 71% of retail trade.
Wednesday, October 23, 2019Wholesale Trade: 8:30amAug---Wholesale sales rose for a second consecutive month in July, up 1.7% to $65.4 billion. This is the sixth increase in the first seven months of 2019.
Thursday, October 24, 2019Employment Insurance: 8:30amAug---In July, 450,600 people received regular Employment Insurance (EI) benefits, up 5,100 (+1.1%) from June.
Wednesday, October 30, 2019BoC Rate AnnouncementOct---As expected, the Bank of Canada left its trendsetting rate unchanged at 1.75%. The Bank Rate is correspondingly 2% and the deposit rate is 1.5%
Thursday, October 31, 2019GDP: 8:30amAug---Following four months of growth, real gross domestic product was essentially unchanged in July as a decline in goods-producing industries was offset by an increase in services-producing industries.
Thursday, October 31, 2019Industrial Product Price Index: 8:30amAug---The Industrial Product Price Index rose 0.2% in August.
Thursday, October 31, 2019Raw Materials Price Index: 8:30amAug---The Raw Materials Price Index fell 1.8%, mainly as a result of lower prices for crude energy products.
Thursday, October 31, 2019Payroll Employment, Earnings and Hours: 8:30amAug---Non-farm payroll employees earned an average of $1,027 per week in July, up 0.5% from the previous month. On a year-over-year basis, earnings improved 2.7%.
  • Markit Canada Manufacturing PMI: 9:30 am

    Tuesday, October 01, 2019

    For: Sept

    Current Month:
    The seasonally-adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index rose back above the 50.0 no-change mark in September, posting 51.0 from 49.1 in August

    Previous Month:
    The PMI, a measure of manufacturing business conditions, fell to a seasonally adjusted 49.1 in August, a three-month low, from 50.2 in July.
  • IVEY Purchasing Managers Index: 10:00am

    Friday, October 04, 2019

    For: Sept

    Current Month:
    The PMI slumped in September to 48.7, from August's 60.6, and also down from 50.4 in September 2018

    Previous Month:
    The PMI towered over the previous month, at 60.6 in August, from 54.2 in July, but down from 61.9 in August 2018
  • Canadian International Merchandise Trade: 8:30am

    Friday, October 04, 2019

    For: Aug

    Current Month:
    Canada's exports rose 1.8% in August, while imports were up 1.0%. As a result, Canada's merchandise trade deficit narrowed from $1.4 billion in July to $955 million in August.

    Previous Month:
    Imports rose 1.2% in July, while exports fell 0.9%. As a result, Canada's merchandise trade balance with the world went from an essentially balanced position in June to a $1.1 billion deficit in July.
  • Housing Starts: 8:15am

    Tuesday, October 08, 2019

    For: Sept

    Current Month:
    The trend in housing starts was 223,507 units in September 2019, compared to 218,782 units in August 2019, according to Canada Mortgage and Housing Corporation

    Previous Month:
    The trend in housing starts was 218,998 units in August 2019, compared to 208,931 units in July 2019, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.
  • Building Permits: 8:30am

    Tuesday, October 08, 2019

    For: Aug

    Current Month:
    The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits.

    Previous Month:
    The number of building permits issued by Canadian municipalities rose 3.0% to $8.3 billion in July, largely due to increases in multi-family and commercial permits in July.
  • New Housing Price Index: 8:30am

    Thursday, October 10, 2019

    For: Aug

    Current Month:
    Nationally, new housing prices were up 0.1% in August, the first increase since July 2018.

    Previous Month:
    New housing prices were down 0.1% at the national level for the third consecutive month in July.
  • Labour Force Survey: 8:30am

    Friday, October 11, 2019

    For: Sept

    Current Month:
    Employment rose by 54,000 in September, driven by gains in full-time work. The unemployment rate declined 0.2 percentage points to 5.5%.

    Previous Month:
    Employment increased by 81,000 in August, largely in part-time work. The unemployment rate remained at 5.7% as more people participated in the labour market.
  • CREAstats - MLS Sales: 8:30am

    Tuesday, October 15, 2019

    For: Sept

    Current Month:
    National home sales were up slightly in September, rising rose 0.6% month-over-month. Actual (not seasonally adjusted) activity was up 15.5% year-over-year

    Previous Month:
    The Canadian Real Estate Association reported Monday that home sales recorded via Canadian MLS® Systems advanced for the sixth consecutive month in August. Transactions are now running almost 17% above the six-year low reached in February 2019, but remain about 10% below highs reached in 2016 and 2017.
  • Canada's International Transactions in Securities: 8:30am

    Wednesday, October 16, 2019

    For: Aug

    Current Month:
    Foreign investors acquired $5.0 billion of Canadian securities in August, following two months of divestment. At the same time, Canadian investors reduced their holdings of foreign securities by $4.7 billion, the largest divestment since January

    Previous Month:
    Foreign investors reduced their holdings of Canadian securities by $1.2 billion in July, the fourth decline in five months. At the same time, Canadian investment in foreign securities increased to $12.5 billion, the largest investment since October 2018.
  • Consumer Price Index: 8:30am

    Wednesday, October 16, 2019

    For: Sept

    Current Month:
    CPI rose 1.9% on a year-over-year basis in September, matching the increase in August. On a seasonally adjusted monthly basis, the CPI fell 0.1% in September.

    Previous Month:
    The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in August, following a 2.0% increase in July. On a seasonally adjusted monthly basis, the CPI was unchanged in August.
  • Monthly Survey of Manufacturing: 8:30am

    Thursday, October 17, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    Manufacturing sales decreased 1.3% to $57.2 billion in July, mainly as a result of lower sales at primary metal and motor vehicle industries.
  • Retail Trade: 8:30am

    Tuesday, October 22, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    Retail sales advanced for the first time in three months, increasing 0.4% in July to $51.5 billion. Higher sales were reported in six of 11 sub-sectors representing 71% of retail trade.
  • Wholesale Trade: 8:30am

    Wednesday, October 23, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    Wholesale sales rose for a second consecutive month in July, up 1.7% to $65.4 billion. This is the sixth increase in the first seven months of 2019.
  • Employment Insurance: 8:30am

    Thursday, October 24, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    In July, 450,600 people received regular Employment Insurance (EI) benefits, up 5,100 (+1.1%) from June.
  • BoC Rate Announcement

    Wednesday, October 30, 2019

    For: Oct

    Current Month:
    ---

    Previous Month:
    As expected, the Bank of Canada left its trendsetting rate unchanged at 1.75%. The Bank Rate is correspondingly 2% and the deposit rate is 1.5%
  • GDP: 8:30am

    Thursday, October 31, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    Following four months of growth, real gross domestic product was essentially unchanged in July as a decline in goods-producing industries was offset by an increase in services-producing industries.
  • Industrial Product Price Index: 8:30am

    Thursday, October 31, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index rose 0.2% in August.
  • Raw Materials Price Index: 8:30am

    Thursday, October 31, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index fell 1.8%, mainly as a result of lower prices for crude energy products.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, October 31, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    Non-farm payroll employees earned an average of $1,027 per week in July, up 0.5% from the previous month. On a year-over-year basis, earnings improved 2.7%.