Canadian Economic Calendar - April 2019

DateStatisticForCurrent MonthPrevious Month
Monday, April 01, 2019Markit Canada Manufacturing PMI: 9:30 amMarAt 50.5 in March, the headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI®) was down from 52.6 in February and only slightly above the neutral 50.0 markCanada PMI manufacturing dropped to 52.6 in February, lowest level in 26 months.
Thursday, April 04, 2019IVEY Purchasing Managers Index: 10:00amMarThe PMI measured 54.3 in March, up substantially from the 50.6 registered in February, but significantly lower than the 59.8 issued in March 2018The PMI measured 50.6 in February, down sharply from the 54.7 issued in January, and well off the 59.6 level in February 2018
Friday, April 05, 2019Labour Force Survey: 8:30amMarStatistics Canada said employment fell by 7,200 in March, mostly full-time positions in the services sector. The unemployment rate remained at 5.8% Employment grew for a second consecutive month, up 56,000 in February, driven by gains in full-time work. The unemployment rate was unchanged at 5.8% as the number of people searching for work held steady.
Monday, April 08, 2019Housing Starts: 8:15amMarCanada Mortgage and Housing Corporation reported that the trend in housing starts was 202,279 units in March 2019, compared to 202,039 units in February 2019. The trend in housing starts was 203,554 units in February 2019, compared to 207,742 units in January 2019, according to Canada Mortgage and Housing Corporation.
Monday, April 08, 2019Building Permits: 8:30amFebCanadian municipalities issued $7.8 billion worth of building permits in February, down 5.7% from the previous month. The decline was largely due to lower construction intentions for multi-family dwellings.Canadian municipalities issued $8.4 billion worth of building permits in January, down 5.5% from the record high in December.
Thursday, April 11, 2019New Housing Price Index: 8:30amFebNew house prices at the national level were unchanged in February, despite growth in some of the housing markets surveyed.Canadian new housing prices fell in January for the first time since February 2018. The national index declined 0.1% in January, following five consecutive months of unchanged prices.
Monday, April 15, 2019CREAstats - MLS Sales: 8:30amMarHome sales via Canadian MLS Systems edged up 0.9% in March 2019 following a sharp drop in February, leaving activity near some of the lowest levels recorded in the last six years.Statistics released today by the Canadian Real Estate Association show national home sales plummeted 9.1% month-over-month (m-o-m) in February. Actual (not seasonally adjusted) activity was down 4.4% year-over-year (y-o-y).
Tuesday, April 16, 2019Canada's International Transactions in Securities: 8:30amFebForeign acquisitions of Canadian securities totaled $12.0 billion in February, following a significant investment of $28.6 billion in January. At the same time, Canadian investment in foreign securities increased to $5.3 billion, led by purchases of U.S. corporate bonds.Foreign investors acquired $28.4 billion of Canadian securities in January, following a significant divestment in December. Meanwhile, Canadian investors reduced their holdings of foreign securities by $8.8 billion, led by sales of U.S. shares.
Tuesday, April 16, 2019Monthly Survey of Manufacturing: 8:30amFebManufacturing sales edged down 0.2% in February to $56.6 billion, following a 0.8% increase in January. Manufacturing sales increased 1.0% to $57.1 billion in January, following three consecutive monthly decreases. Higher sales in the food as well as the electrical equipment, appliance and component industries were the main contributors to the gains in January.
Wednesday, April 17, 2019Consumer Price Index: 8:30amMarThe Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in March, following a 1.5% increase in February. On a seasonally adjusted monthly basis, the CPI rose 0.3% in March.Inflation rose 1.5% on a year-over-year basis in February, up from a 1.4% increase in January. On a seasonally adjusted monthly basis, the CPI increased 0.3% in February.
Wednesday, April 17, 2019Canadian International Merchandise Trade: 8:30amFebCanada's imports declined 1.6% in February, while exports were down 1.3%. As a result, Canada's merchandise trade deficit with the world narrowed slightly, from $3.1 billion in January to $2.9 billion in February.Canada's exports declined 3.8% in December, mainly due to lower crude oil prices, while imports were up 1.6%. As a result, Canada's merchandise trade deficit with the world widened from $2.0 billion in November to a record $4.6 billion in December.
Thursday, April 18, 2019Retail Trade: 8:30amFebFollowing three consecutive monthly declines, retail sales rose 0.8% in February to $50.6 billion. Sales were up in five of 11 sub-sectors, representing 73% of retail trade.Retail sales decreased for the third consecutive month, declining 0.3% to $50.1 billion in January.
Thursday, April 18, 2019Employment Insurance: 8:30amFebIn February, 441,200 people received regular Employment Insurance benefits, an increase of 4,400 or 1.0% from January.The number of people receiving regular Employment Insurance benefits fell to 435,600 in January, down 9,800 (-2.2%) from December.
Tuesday, April 23, 2019Wholesale Trade: 8:30amFebWholesale sales increased 0.3% to $63.7 billion in February, the third consecutive monthly gain.Wholesale sales rose 0.6% to $63.5 billion in January, a second consecutive monthly gain. In volume terms, wholesale sales increased 0.7%.
Wednesday, April 24, 2019BoC Rate AnnouncementAprThe 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%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%
Thursday, April 25, 2019Average Weekly EarningsFebAverage weekly earnings of non-farm payroll employees were $1,007 in February, little changed from the previous month. Compared with 12 months earlier, earnings grew by 1.1%Average weekly earnings of non-farm payroll employees were $1,012 in January, little changed from the previous month. Compared with 12 months earlier, earnings grew by 2.0%.
Tuesday, April 30, 2019GDP: 8:30amFeb---Real gross domestic product expanded 0.3% in January, fully offsetting the declines in November and December 2018.
Tuesday, April 30, 2019Industrial Product Price Index: 8:30amMar---The index rose 0.3% in February, mainly due to higher prices for energy and petroleum products.
Tuesday, April 30, 2019Raw Materials Price Index: 8:30amMar---The index increased 4.6%, primarily due to higher prices for crude energy products.
  • Markit Canada Manufacturing PMI: 9:30 am

    Monday, April 01, 2019

    For: Mar

    Current Month:
    At 50.5 in March, the headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI®) was down from 52.6 in February and only slightly above the neutral 50.0 mark

    Previous Month:
    Canada PMI manufacturing dropped to 52.6 in February, lowest level in 26 months.
  • IVEY Purchasing Managers Index: 10:00am

    Thursday, April 04, 2019

    For: Mar

    Current Month:
    The PMI measured 54.3 in March, up substantially from the 50.6 registered in February, but significantly lower than the 59.8 issued in March 2018

    Previous Month:
    The PMI measured 50.6 in February, down sharply from the 54.7 issued in January, and well off the 59.6 level in February 2018
  • Labour Force Survey: 8:30am

    Friday, April 05, 2019

    For: Mar

    Current Month:
    Statistics Canada said employment fell by 7,200 in March, mostly full-time positions in the services sector. The unemployment rate remained at 5.8%

    Previous Month:
    Employment grew for a second consecutive month, up 56,000 in February, driven by gains in full-time work. The unemployment rate was unchanged at 5.8% as the number of people searching for work held steady.
  • Housing Starts: 8:15am

    Monday, April 08, 2019

    For: Mar

    Current Month:
    Canada Mortgage and Housing Corporation reported that the trend in housing starts was 202,279 units in March 2019, compared to 202,039 units in February 2019.

    Previous Month:
    The trend in housing starts was 203,554 units in February 2019, compared to 207,742 units in January 2019, according to Canada Mortgage and Housing Corporation.
  • Building Permits: 8:30am

    Monday, April 08, 2019

    For: Feb

    Current Month:
    Canadian municipalities issued $7.8 billion worth of building permits in February, down 5.7% from the previous month. The decline was largely due to lower construction intentions for multi-family dwellings.

    Previous Month:
    Canadian municipalities issued $8.4 billion worth of building permits in January, down 5.5% from the record high in December.
  • New Housing Price Index: 8:30am

    Thursday, April 11, 2019

    For: Feb

    Current Month:
    New house prices at the national level were unchanged in February, despite growth in some of the housing markets surveyed.

    Previous Month:
    Canadian new housing prices fell in January for the first time since February 2018. The national index declined 0.1% in January, following five consecutive months of unchanged prices.
  • CREAstats - MLS Sales: 8:30am

    Monday, April 15, 2019

    For: Mar

    Current Month:
    Home sales via Canadian MLS Systems edged up 0.9% in March 2019 following a sharp drop in February, leaving activity near some of the lowest levels recorded in the last six years.

    Previous Month:
    Statistics released today by the Canadian Real Estate Association show national home sales plummeted 9.1% month-over-month (m-o-m) in February. Actual (not seasonally adjusted) activity was down 4.4% year-over-year (y-o-y).
  • Canada's International Transactions in Securities: 8:30am

    Tuesday, April 16, 2019

    For: Feb

    Current Month:
    Foreign acquisitions of Canadian securities totaled $12.0 billion in February, following a significant investment of $28.6 billion in January. At the same time, Canadian investment in foreign securities increased to $5.3 billion, led by purchases of U.S. corporate bonds.

    Previous Month:
    Foreign investors acquired $28.4 billion of Canadian securities in January, following a significant divestment in December. Meanwhile, Canadian investors reduced their holdings of foreign securities by $8.8 billion, led by sales of U.S. shares.
  • Monthly Survey of Manufacturing: 8:30am

    Tuesday, April 16, 2019

    For: Feb

    Current Month:
    Manufacturing sales edged down 0.2% in February to $56.6 billion, following a 0.8% increase in January.

    Previous Month:
    Manufacturing sales increased 1.0% to $57.1 billion in January, following three consecutive monthly decreases. Higher sales in the food as well as the electrical equipment, appliance and component industries were the main contributors to the gains in January.
  • Consumer Price Index: 8:30am

    Wednesday, April 17, 2019

    For: Mar

    Current Month:
    The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in March, following a 1.5% increase in February. On a seasonally adjusted monthly basis, the CPI rose 0.3% in March.

    Previous Month:
    Inflation rose 1.5% on a year-over-year basis in February, up from a 1.4% increase in January. On a seasonally adjusted monthly basis, the CPI increased 0.3% in February.
  • Canadian International Merchandise Trade: 8:30am

    Wednesday, April 17, 2019

    For: Feb

    Current Month:
    Canada's imports declined 1.6% in February, while exports were down 1.3%. As a result, Canada's merchandise trade deficit with the world narrowed slightly, from $3.1 billion in January to $2.9 billion in February.

    Previous Month:
    Canada's exports declined 3.8% in December, mainly due to lower crude oil prices, while imports were up 1.6%. As a result, Canada's merchandise trade deficit with the world widened from $2.0 billion in November to a record $4.6 billion in December.
  • Retail Trade: 8:30am

    Thursday, April 18, 2019

    For: Feb

    Current Month:
    Following three consecutive monthly declines, retail sales rose 0.8% in February to $50.6 billion. Sales were up in five of 11 sub-sectors, representing 73% of retail trade.

    Previous Month:
    Retail sales decreased for the third consecutive month, declining 0.3% to $50.1 billion in January.
  • Employment Insurance: 8:30am

    Thursday, April 18, 2019

    For: Feb

    Current Month:
    In February, 441,200 people received regular Employment Insurance benefits, an increase of 4,400 or 1.0% from January.

    Previous Month:
    The number of people receiving regular Employment Insurance benefits fell to 435,600 in January, down 9,800 (-2.2%) from December.
  • Wholesale Trade: 8:30am

    Tuesday, April 23, 2019

    For: Feb

    Current Month:
    Wholesale sales increased 0.3% to $63.7 billion in February, the third consecutive monthly gain.

    Previous Month:
    Wholesale sales rose 0.6% to $63.5 billion in January, a second consecutive monthly gain. In volume terms, wholesale sales increased 0.7%.
  • BoC Rate Announcement

    Wednesday, April 24, 2019

    For: Apr

    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:
    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%
  • Average Weekly Earnings

    Thursday, April 25, 2019

    For: Feb

    Current Month:
    Average weekly earnings of non-farm payroll employees were $1,007 in February, little changed from the previous month. Compared with 12 months earlier, earnings grew by 1.1%

    Previous Month:
    Average weekly earnings of non-farm payroll employees were $1,012 in January, little changed from the previous month. Compared with 12 months earlier, earnings grew by 2.0%.
  • GDP: 8:30am

    Tuesday, April 30, 2019

    For: Feb

    Current Month:
    ---

    Previous Month:
    Real gross domestic product expanded 0.3% in January, fully offsetting the declines in November and December 2018.
  • Industrial Product Price Index: 8:30am

    Tuesday, April 30, 2019

    For: Mar

    Current Month:
    ---

    Previous Month:
    The index rose 0.3% in February, mainly due to higher prices for energy and petroleum products.
  • Raw Materials Price Index: 8:30am

    Tuesday, April 30, 2019

    For: Mar

    Current Month:
    ---

    Previous Month:
    The index increased 4.6%, primarily due to higher prices for crude energy products.