Canadian Economic Calendar - January 2020

DateStatisticForCurrent MonthPrevious Month
Thursday, January 02, 2020Markit Canada Manufacturing PMI: 9:30 amDecThe IHS Markit Canada Manufacturing PMI dropped to 50.4 in December 2019 from 51.4 in the previous month and below market expectations of 51.9. It was the lowest reading since August.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.
Tuesday, January 07, 2020IVEY Purchasing Managers Index: 10:00amDecThe Ivey PMI for Canada fell to 51.9 in December 2019 from 60 in the previous month and missing market forecasts of 53.8.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
Tuesday, January 07, 2020Canadian International Merchandise Trade: 8:30amNovCanada's merchandise exports declined 1.4% in November, while imports were down 2.4%. As a result, Canada's merchandise trade deficit with the world narrowed from $1.6 billion in October to $1.1 billion in November. 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.
Thursday, January 09, 2020Housing Starts: 8:15amDecCanada Mortgage and Housing Corporation's seasonally-adjusted annual rates of housing starts in Canada fell 3% from a month earlier to 197,329 units in December 2019 from an upwardly revised 204,300 in November and missing market estimates of 210,000The trend in housing starts was 219,047 units in November, compared to 218,253 units in October
Thursday, January 09, 2020Building Permits: 8:30amNovThe total value of building permits issued by Canadian municipalities decreased 2.4% to $8.1 billion in November. Declines were reported in six provinces, with the largest decrease in Ontario (-5.7% to $3.2 billion).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).
Friday, January 10, 2020Labour Force Survey: 8:30amDecEmployment increased by 35,000 (+0.2%) in December, and the unemployment rate fell 0.3 percentage points to 5.6%.Employment fell by 71,000 (-0.4%) in November. The unemployment rate rose by 0.4 percentage points to 5.9%.
Thursday, January 16, 2020CREAstats - MLS Sales: 8:30amDecHome sales recorded over Canadian MLS® Systems edged down 0.9% in December, ending a streak of monthly gains that began last March. Home sales recorded via Canadian MLS® Systems inched up by 0.6% November 2019. Notching its ninth straight monthly gain, activity stands 20% above the six-year low reached in February 2019 but 6% to 7% below heights recorded in 2016 and 2017.
Friday, January 17, 2020Canada's International Transactions in Securities: 8:30amNovCanadian investment in foreign securities increased to $5.5 billion in November as Canadian investors resumed their purchases of foreign equities. At the same time, foreign investors reduced their holdings of Canadian securities by $1.8 billion, the first decline in four monthsForeign investors acquired $11.3 billion of Canadian securities in October, mainly bonds. Meanwhile, Canadian investors increased their holdings of foreign securities by $2.0 billion, also mainly in the form of bonds.
Tuesday, January 21, 2020Monthly Survey of Manufacturing: 8:30amNovManufacturing sales declined 0.6% to $57.0 billion in November, the third consecutive monthly decrease.Manufacturing sales declined 0.7% to $57.1 billion in October, the second consecutive monthly decrease.
Wednesday, January 22, 2020New Housing Price Index: 8:30amDecNew house prices rose 0.2% in December, the largest monthly increase for the month of December since 2009.New housing prices were down 0.1% in November, following three consecutive monthly increases.
Wednesday, January 22, 2020Wholesale Trade: 8:30amNovWholesale sales declined 1.2% to $63.2 billion in November, the third decline in five months.Wholesale sales declined 1.1% to $64.2 billion in October, the second decrease in five months.
Wednesday, January 22, 2020Consumer Price Index: 8:30amDecThe CPI rose 2.2% on a year-over-year basis in December, matching the increase in November. On a seasonally-adjusted monthly basis, the CPI rose 0.4% in December.CPI rose 2.2% on a year-over-year basis in November, following a 1.9% increase in each of the previous three months
Wednesday, January 22, 2020BoC Interest Rate Decision: 11:00amJanThe 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, January 23, 2020Employment Insurance: 8:30amNovIn November, 451,000 people received regular Employment Insurance benefits, virtually unchanged from the previous month. In October, 448,100 people received regular Employment Insurance benefits, similar to the previous month.
Friday, January 24, 2020Retail Trade: 8:30amNovIn November, retail sales rose 0.9% to $51.5 billion, largely offsetting the 1.1% decline in October. Retail sales decreased 1.2% to $50.9 billion in October.
Thursday, January 30, 2020Payroll Employment, Earnings and Hours: 8:30amNov---The average weekly earnings of non-farm payroll employees were $1,042 in October, little changed from September. Compared with October 2018, earnings grew 3.3%.
Friday, January 31, 2020Industrial Product Price Index: 8:30amDec---The Industrial Product Price Index edged up 0.1% in November, mainly because of higher prices for meat, fish and dairy products.
Friday, January 31, 2020Raw Materials Price Index: 8:30amDec---The Raw Materials Price Index was up 1.5%, primarily because of higher prices for crude energy products.
Friday, January 31, 2020GDP: 8:30amNov---Real gross domestic product edged down 0.1% in October, the first decline in eight months

  • Markit Canada Manufacturing PMI: 9:30 am

    Thursday, January 02, 2020

    For: Dec

    Current Month:
    The IHS Markit Canada Manufacturing PMI dropped to 50.4 in December 2019 from 51.4 in the previous month and below market expectations of 51.9. It was the lowest reading since August.

    Previous 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.

  • IVEY Purchasing Managers Index: 10:00am

    Tuesday, January 07, 2020

    For: Dec

    Current Month:
    The Ivey PMI for Canada fell to 51.9 in December 2019 from 60 in the previous month and missing market forecasts of 53.8.

    Previous 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

  • Canadian International Merchandise Trade: 8:30am

    Tuesday, January 07, 2020

    For: Nov

    Current Month:
    Canada's merchandise exports declined 1.4% in November, while imports were down 2.4%. As a result, Canada's merchandise trade deficit with the world narrowed from $1.6 billion in October to $1.1 billion in November.

    Previous 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.

  • Housing Starts: 8:15am

    Thursday, January 09, 2020

    For: Dec

    Current Month:
    Canada Mortgage and Housing Corporation's seasonally-adjusted annual rates of housing starts in Canada fell 3% from a month earlier to 197,329 units in December 2019 from an upwardly revised 204,300 in November and missing market estimates of 210,000

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

  • Building Permits: 8:30am

    Thursday, January 09, 2020

    For: Nov

    Current Month:
    The total value of building permits issued by Canadian municipalities decreased 2.4% to $8.1 billion in November. Declines were reported in six provinces, with the largest decrease in Ontario (-5.7% to $3.2 billion).

    Previous 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).

  • Labour Force Survey: 8:30am

    Friday, January 10, 2020

    For: Dec

    Current Month:
    Employment increased by 35,000 (+0.2%) in December, and the unemployment rate fell 0.3 percentage points to 5.6%.

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

  • CREAstats - MLS Sales: 8:30am

    Thursday, January 16, 2020

    For: Dec

    Current Month:
    Home sales recorded over Canadian MLS® Systems edged down 0.9% in December, ending a streak of monthly gains that began last March.

    Previous Month:
    Home sales recorded via Canadian MLS® Systems inched up by 0.6% November 2019. Notching its ninth straight monthly gain, activity stands 20% above the six-year low reached in February 2019 but 6% to 7% below heights recorded in 2016 and 2017.

  • Canada's International Transactions in Securities: 8:30am

    Friday, January 17, 2020

    For: Nov

    Current Month:
    Canadian investment in foreign securities increased to $5.5 billion in November as Canadian investors resumed their purchases of foreign equities. At the same time, foreign investors reduced their holdings of Canadian securities by $1.8 billion, the first decline in four months

    Previous Month:
    Foreign investors acquired $11.3 billion of Canadian securities in October, mainly bonds. Meanwhile, Canadian investors increased their holdings of foreign securities by $2.0 billion, also mainly in the form of bonds.

  • Monthly Survey of Manufacturing: 8:30am

    Tuesday, January 21, 2020

    For: Nov

    Current Month:
    Manufacturing sales declined 0.6% to $57.0 billion in November, the third consecutive monthly decrease.

    Previous Month:
    Manufacturing sales declined 0.7% to $57.1 billion in October, the second consecutive monthly decrease.

  • New Housing Price Index: 8:30am

    Wednesday, January 22, 2020

    For: Dec

    Current Month:
    New house prices rose 0.2% in December, the largest monthly increase for the month of December since 2009.

    Previous Month:
    New housing prices were down 0.1% in November, following three consecutive monthly increases.

  • Wholesale Trade: 8:30am

    Wednesday, January 22, 2020

    For: Nov

    Current Month:
    Wholesale sales declined 1.2% to $63.2 billion in November, the third decline in five months.

    Previous Month:
    Wholesale sales declined 1.1% to $64.2 billion in October, the second decrease in five months.

  • Consumer Price Index: 8:30am

    Wednesday, January 22, 2020

    For: Dec

    Current Month:
    The CPI rose 2.2% on a year-over-year basis in December, matching the increase in November. On a seasonally-adjusted monthly basis, the CPI rose 0.4% in December.

    Previous Month:
    CPI rose 2.2% on a year-over-year basis in November, following a 1.9% increase in each of the previous three months

  • BoC Interest Rate Decision: 11:00am

    Wednesday, January 22, 2020

    For: Jan

    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%

  • Employment Insurance: 8:30am

    Thursday, January 23, 2020

    For: Nov

    Current Month:
    In November, 451,000 people received regular Employment Insurance benefits, virtually unchanged from the previous month.

    Previous Month:
    In October, 448,100 people received regular Employment Insurance benefits, similar to the previous month.

  • Retail Trade: 8:30am

    Friday, January 24, 2020

    For: Nov

    Current Month:
    In November, retail sales rose 0.9% to $51.5 billion, largely offsetting the 1.1% decline in October.

    Previous Month:
    Retail sales decreased 1.2% to $50.9 billion in October.

  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, January 30, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    The average weekly earnings of non-farm payroll employees were $1,042 in October, little changed from September. Compared with October 2018, earnings grew 3.3%.

  • Industrial Product Price Index: 8:30am

    Friday, January 31, 2020

    For: Dec

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index edged up 0.1% in November, mainly because of higher prices for meat, fish and dairy products.

  • Raw Materials Price Index: 8:30am

    Friday, January 31, 2020

    For: Dec

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index was up 1.5%, primarily because of higher prices for crude energy products.

  • GDP: 8:30am

    Friday, January 31, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    Real gross domestic product edged down 0.1% in October, the first decline in eight months