Date | Statistic | For | Current Month | Previous Month |
Friday, September 1, 2023 | Markit Canada Manufacturing PMI 9:30 a.m. | Aug | The index registered 48.0 last month, in contrast with a forecast of 49.2 and with last August" reading of 49.6. | The index posted below the 50.0 no-change mark for a third month running in July. However, rising to 49.6, from 48.8 in June, the headline index pointed to the slowest deterioration in operating conditions in the current contractionary sequence. |
Wednesday, September 6, 2023 | BoC Interest Rate Decision: 10:00am | Sept | The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. | The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. |
Wednesday, September 6, 2023 | Canadian International Merchandise Trade: 8:30am | July | In July, Canada's merchandise imports decreased 5.4%, while exports were up 0.7%. As a result, Canada's merchandise trade deficit with the world narrowed from a revised $4.9 billion in June to $987 million in July. | In June, Canada's merchandise exports decreased 2.2%, while imports were down 0.5%. As a result, Canada's merchandise trade deficit with the world widened from $2.7 billion in May to $3.7 billion in June. |
Thursday, September 7, 2023 | IVEY Purchasing Managers Index: 10:00am | Aug | The index measured 53.5 in August, compared to 48.6 in July and 53.5 in August 2022. | The index measured 48.6 in July, compared to 50.2 in June and 57 in July 2022. |
Thursday, September 7, 2023 | Building Permits: 8:30am | July | The total monthly value of building permits in Canada declined 1.5% in July to $11.7 billion. | The total monthly value of building permits in Canada increased 6.1% in June to $11.6 billion. |
Friday, September 8, 2023 | Labour Force Survey: 8:30am | Aug | Employment rose by 40,000 (+0.2%) in August. The unemployment rate was unchanged at 5.5%, following three consecutive monthly increases in May, June and July. | Employment was little changed in July (-6,000; -0.0%). The unemployment rate increased 0.1 percentage points to 5.5%, marking the third consecutive monthly increase. |
Thursday, September 14, 2023 | Wholesale Trade: 8:30am | July | Wholesale sales grew 0.2% to $81.3 billion in July. | Wholesale sales fell 2.8% to $80.5 billion in June. |
Friday, September 15, 2023 | CREAstats - MLS Sales: 8:30am | Aug | National home sales declined 4.1% month-over-month in August. Actual (not seasonally adjusted) monthly activity came in 5.3% above August 2022. | National home sales edged down 0.7% month-over-month in July. Actual (not seasonally adjusted) monthly activity came in 8.7% above July 2022. |
Friday, September 15, 2023 | Monthly Survey of Manufacturing: 8:30am | July | Manufacturing sales increased 1.6% in July, mainly on higher sales of food products, petroleum and coal products and transportation equipment. | Manufacturing sales declined 1.7% in June, mainly on lower sales of petroleum and coal products, chemicals, and machinery. |
Friday, September 15, 2023 | Canada's International Transactions in Securities: 8:30am | July | Foreign investment in Canadian securities totalled $11.6 billion in July, a fourth consecutive month of strong investment. Meanwhile, Canadian investors acquired $2.6 billion of foreign securities, down from a $14.4 billion investment in June. | Canadian investors acquired $14.4 billion of foreign securities in June, the largest investment in seven months. Meanwhile, foreign investors increased their holdings of Canadian securities by $12.6 billion, following two months of strong investment. |
Friday, September 15, 2023 | New Motor Vehicle Sales: 7:30am | July | New motor vehicle sales totaled 147,401 in July, compared to 168,590 in the prior-year month. | Motor vehicle sales totaled 165,400 in June, compared to 165,600 in the prior-year month. |
Monday, September 18, 2023 | Housing Starts: 8:15am | Aug | Housing starts in Canada fell by 1% over a month earlier to 252,787 units in August 2023, above market expectations of 247,100 units, according to the Canada Mortgage and Housing Corporation. | Canada Mortgage and Housing Corporation says housing starts fell sharply in July to 255,000, from June's 281,573. |
Monday, September 18, 2023 | Raw Materials Price Index: 8:30am | Aug | The Raw Materials Price Index increased 3.0% on a monthly basis in August and posted a 4.3% year-over-year decline. | The index rose 3.5% month over month in July and was 11.1% lower compared with July 2022. |
Monday, September 18, 2023 | Industrial Product Price Index: 8:30am | Aug | The Industrial Product Price Index rose 1.3% month over month in August and fell 0.5% year over year. | The index increased 0.4% month over month and fell 2.7% year over year. |
Tuesday, September 19, 2023 | Consumer Price Index: 8:30am | Aug | CPI rose 4.0% on a year-over-year basis in August, following a 3.3% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.6% in August. | The Consumer Price Index (CPI) rose 3.3% on a year-over-year basis in July, following a 2.8% increase in June. On a seasonally adjusted monthly basis, the CPI rose 0.5% in July. |
Thursday, September 21, 2023 | New Housing Price Index: 8:30am | Aug | The national index edged up by 0.1% month over month in August. Prices were unchanged in 16 of the 27 census metropolitan areas (CMAs) surveyed, up in 5 and down in 6 CMAs. | The national index edged down by 0.1% month over month in July, following two months of growth. Of the 27 census metropolitan areas (CMAs) surveyed in July, prices were unchanged in 12, down in 8 and up in 7. |
Friday, September 22, 2023 | Retail Trade: 8:30am | July | Retail sales increased 0.3% to $66.1 billion in July. | Retail sales increased 0.1% to $65.9 billion in June. |
Thursday, September 28, 2023 | Payroll Employment, Earnings and Hours: 8:30am | July | --- | The number of employees receiving pay and benefits from their employer—measured as "payroll employees" in the Survey of Employment, Payrolls and Hours—increased by 47,700 (+0.3%) in June |
Friday, September 29, 2023 | GDP: 8:30am | July | --- | Real gross domestic product was nearly unchanged in the second quarter, following a 0.6% rise in the first quarter. On a monthly basis, GDP declined 0.2% in June |