Canadian Economic Calendar - December 2022

DateStatisticForCurrent MonthPrevious Month
Thursday, December 1, 2022Markit Canada Manufacturing PMI 9:30 a.m. NovThe index recorded 49.6 in November. That was up from 48.8 in October to signal a slower rate of contraction. Nonetheless, the PMI has now posted below the 50.0 no-change mark for four months in a row. The Manufacturing (PMI®) registered at 48.8 in October, down from 49.8 in September
Friday, December 2, 2022Labour Force Survey: 8:30amNovEmployment was little changed, taking on 10,000 jobs in November, and the unemployment rate declined by 0.1 percentage points to 5.1%.Employment rose by 108,000 (+0.6%) in October, recouping losses observed from May to September. The unemployment rate held steady at 5.2% in October.
Monday, December 5, 2022Building Permits: 8:30amOct---The total value of building permits in Canada fell 17.5% in September to $10.2 billion, the largest recorded monthly decline.
Tuesday, December 6, 2022IVEY Purchasing Managers Index: 10:00amNov---The index registered at 50.1 in October, much lower than its 59.5 reading in September, and way off its 59.3 level from October 2021.
Tuesday, December 6, 2022Canadian International Merchandise Trade: 8:30amOct---In September, Canada's merchandise exports rose 1.3%, while imports increased 0.4%. As a result, Canada's merchandise trade surplus with the world widened from $550 million in August to $1.1 billion in September.
Wednesday, December 7, 2022BoC Interest Rate Decision: 10:00amDec---The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate at 4% and the deposit rate at 3.75%.
Wednesday, December 14, 2022Monthly Survey of Manufacturing: 8:30amOct---Manufacturing sales held steady and were unchanged in September as higher sales in the aerospace product and parts and primary metal industries were largely offset by lower sales in the petroleum and coal and food industries.
Wednesday, December 14, 2022New Motor Vehicle Sales: 7:30amOct---Estimated sales in Canada for the month of September were 130,421 units, down 4.5% from the 136,584 units sold in September 2021, and the lowest for September sales since 2009. The SAAR came in at 1.48 million for the month of September.
Thursday, December 15, 2022Wholesale Trade: 8:30amOct---Wholesale sales rose 0.1% to $81.8 billion in September. The largest increases came from personal and household goods and food, beverage and tobacco subsectors
Thursday, December 15, 2022CREAstats - MLS Sales: 8:30amNov---National home sales were up 1.3% on a month-over-month basis in October. Actual (not seasonally adjusted) monthly activity came in 36% below October 2021. The number of newly listed properties edged up 2.2% month-over-month.
Thursday, December 15, 2022Housing Starts: 8:15amNov---CMHC said the pace of Canadian housing starts slowed 11% to 267,055 units in October, reversing the surge in September that had lifted the seasonally adjusted annual rate (SAAR) of construction to 298,811 units.
Friday, December 16, 2022Canada's International Transactions in Securities: 8:30amOct---Non-resident investors reduced their exposure to Canadian securities by $22.3 billion in September, mainly in the form of federal government debt securities and Canadian shares. Meanwhile, Canadian investors acquired $9.6 billion of foreign securities, led by an unprecedented investment in foreign bonds.
Monday, December 19, 2022Raw Materials Price Index: 8:30amNov---The Raw Materials Price Index increased 1.3% on a monthly basis in October, and posted a 9.0% year-over-year increase.
Monday, December 19, 2022Industrial Product Price Index: 8:30amNov---The Industrial Product Price Index rose 2.4% on a monthly basis in October, and increased 10.1% year over year
Tuesday, December 20, 2022Retail Trade: 8:30amOct---Retail sales decreased 0.5% to $61.1 billion in September.
Wednesday, December 21, 2022Consumer Price Index: 8:30amNov---The Consumer Price Index (CPI) rose 6.9% on a year-over-year basis in October, matching the increase in September. On a seasonally adjusted monthly basis, the CPI increased 0.6% in October.
Wednesday, December 21, 2022New Housing Price Index: 8:30amNov---New home prices in Canada declined by 0.2% month over month in October, following the 0.1% decline recorded in the previous month.
Thursday, December 22, 2022Payroll Employment, Earnings and Hours: 8:30amOct---The Survey of Employment, Payrolls and Hours—rose by 85,300 (+0.5%) in September.
Friday, December 23, 2022GDP: 8:30amOct---Real gross domestic product rose 0.7% in the third quarter, the fifth consecutive quarterly increase.
  • Markit Canada Manufacturing PMI 9:30 a.m.

    Thursday, December 1, 2022

    For: Nov

    Current Month:
    The index recorded 49.6 in November. That was up from 48.8 in October to signal a slower rate of contraction. Nonetheless, the PMI has now posted below the 50.0 no-change mark for four months in a row.

    Previous Month:
    The Manufacturing (PMI®) registered at 48.8 in October, down from 49.8 in September
  • Labour Force Survey: 8:30am

    Friday, December 2, 2022

    For: Nov

    Current Month:
    Employment was little changed, taking on 10,000 jobs in November, and the unemployment rate declined by 0.1 percentage points to 5.1%.

    Previous Month:
    Employment rose by 108,000 (+0.6%) in October, recouping losses observed from May to September. The unemployment rate held steady at 5.2% in October.
  • Building Permits: 8:30am

    Monday, December 5, 2022

    For: Oct

    Current Month:
    ---

    Previous Month:
    The total value of building permits in Canada fell 17.5% in September to $10.2 billion, the largest recorded monthly decline.
  • IVEY Purchasing Managers Index: 10:00am

    Tuesday, December 6, 2022

    For: Nov

    Current Month:
    ---

    Previous Month:
    The index registered at 50.1 in October, much lower than its 59.5 reading in September, and way off its 59.3 level from October 2021.
  • Canadian International Merchandise Trade: 8:30am

    Tuesday, December 6, 2022

    For: Oct

    Current Month:
    ---

    Previous Month:
    In September, Canada's merchandise exports rose 1.3%, while imports increased 0.4%. As a result, Canada's merchandise trade surplus with the world widened from $550 million in August to $1.1 billion in September.
  • BoC Interest Rate Decision: 10:00am

    Wednesday, December 7, 2022

    For: Dec

    Current Month:
    ---

    Previous Month:
    The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate at 4% and the deposit rate at 3.75%.
  • Monthly Survey of Manufacturing: 8:30am

    Wednesday, December 14, 2022

    For: Oct

    Current Month:
    ---

    Previous Month:
    Manufacturing sales held steady and were unchanged in September as higher sales in the aerospace product and parts and primary metal industries were largely offset by lower sales in the petroleum and coal and food industries.
  • New Motor Vehicle Sales: 7:30am

    Wednesday, December 14, 2022

    For: Oct

    Current Month:
    ---

    Previous Month:
    Estimated sales in Canada for the month of September were 130,421 units, down 4.5% from the 136,584 units sold in September 2021, and the lowest for September sales since 2009. The SAAR came in at 1.48 million for the month of September.
  • Wholesale Trade: 8:30am

    Thursday, December 15, 2022

    For: Oct

    Current Month:
    ---

    Previous Month:
    Wholesale sales rose 0.1% to $81.8 billion in September. The largest increases came from personal and household goods and food, beverage and tobacco subsectors
  • CREAstats - MLS Sales: 8:30am

    Thursday, December 15, 2022

    For: Nov

    Current Month:
    ---

    Previous Month:
    National home sales were up 1.3% on a month-over-month basis in October. Actual (not seasonally adjusted) monthly activity came in 36% below October 2021. The number of newly listed properties edged up 2.2% month-over-month.
  • Housing Starts: 8:15am

    Thursday, December 15, 2022

    For: Nov

    Current Month:
    ---

    Previous Month:
    CMHC said the pace of Canadian housing starts slowed 11% to 267,055 units in October, reversing the surge in September that had lifted the seasonally adjusted annual rate (SAAR) of construction to 298,811 units.
  • Canada's International Transactions in Securities: 8:30am

    Friday, December 16, 2022

    For: Oct

    Current Month:
    ---

    Previous Month:
    Non-resident investors reduced their exposure to Canadian securities by $22.3 billion in September, mainly in the form of federal government debt securities and Canadian shares. Meanwhile, Canadian investors acquired $9.6 billion of foreign securities, led by an unprecedented investment in foreign bonds.
  • Raw Materials Price Index: 8:30am

    Monday, December 19, 2022

    For: Nov

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index increased 1.3% on a monthly basis in October, and posted a 9.0% year-over-year increase.
  • Industrial Product Price Index: 8:30am

    Monday, December 19, 2022

    For: Nov

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index rose 2.4% on a monthly basis in October, and increased 10.1% year over year
  • Retail Trade: 8:30am

    Tuesday, December 20, 2022

    For: Oct

    Current Month:
    ---

    Previous Month:
    Retail sales decreased 0.5% to $61.1 billion in September.
  • Consumer Price Index: 8:30am

    Wednesday, December 21, 2022

    For: Nov

    Current Month:
    ---

    Previous Month:
    The Consumer Price Index (CPI) rose 6.9% on a year-over-year basis in October, matching the increase in September. On a seasonally adjusted monthly basis, the CPI increased 0.6% in October.
  • New Housing Price Index: 8:30am

    Wednesday, December 21, 2022

    For: Nov

    Current Month:
    ---

    Previous Month:
    New home prices in Canada declined by 0.2% month over month in October, following the 0.1% decline recorded in the previous month.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, December 22, 2022

    For: Oct

    Current Month:
    ---

    Previous Month:
    The Survey of Employment, Payrolls and Hours—rose by 85,300 (+0.5%) in September.
  • GDP: 8:30am

    Friday, December 23, 2022

    For: Oct

    Current Month:
    ---

    Previous Month:
    Real gross domestic product rose 0.7% in the third quarter, the fifth consecutive quarterly increase.