Date | Statistic | For | Current Month | Previous Month |
Thursday, June 1, 2023 | Markit Canada Manufacturing PMI 9:30 a.m. | May | The PMI sank below 50 for the second time in three months, to 49 in May after hitting 50.2 in April. Any reading below 50 indicates contraction in the sector. | The PMI rose to a seasonally adjusted 50.2 in April after hitting 48.6 in March, its lowest level since June 2020. A reading above 50 indicates expansion in the sector. |
Tuesday, June 6, 2023 | Building Permits: 8:30am | Apr | The total monthly value of building permits in Canada declined 18.8% to $9.6 billion in April. | The total monthly value of building permits in Canada advanced 11.3% to $11.8 billion in March. |
Tuesday, June 6, 2023 | IVEY Purchasing Managers Index: 10:00am | May | The index plummeted to 53.5 in May from April's 56.8, and significantly lower than the 61.9 figure in May 2022 | The index dwindled to 56.8 in April from March's 58.2, and much lower than the 69.9 figure in April 2022 |
Wednesday, June 7, 2023 | BoC Interest Rate Decision: 10:00am | June | The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the deposit rate at 4.75%. The Bank is also continuing its policy of quantitative tightening. | The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at 4.5%. The Bank is also continuing its policy of quantitative tightening.
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Wednesday, June 7, 2023 | Canadian International Merchandise Trade: 8:30am | Apr | Canada's merchandise exports increased 2.5% in April, while imports edged down 0.2%. As a result, Canada's merchandise trade surplus with the world widened from $231 million in March to $1.9 billion in April. | In March, Canada's merchandise imports decreased 2.9%, while exports were down 0.7%. As a result, Canada's merchandise trade balance with the world moved from a revised $487 million deficit in February to a $972 million surplus in March. |
Friday, June 9, 2023 | Labour Force Survey: 8:30am | May | Employment was little changed in May, having fallen by 77,000 (-2.8%) for youth aged 15 to 24, and increased by 63,000 (+0.5%) among people aged 25 to 54. | Employment rose by 41,000 (+0.2%) in April, all in part-time work. |
Wednesday, June 14, 2023 | New Motor Vehicle Sales: 7:30am | Apr | --- | Car Registrations in Canada increased to 150956 Units in March from 109781 Units in February of 2023 |
Thursday, June 15, 2023 | CREAstats - MLS Sales: 8:30am | May | --- | National home sales jumped by double digits on a month-over-month basis. National home sales surged 11.3% month-over-month in April. Actual (not seasonally adjusted) monthly activity came in 19.5% below April 2022. |
Thursday, June 15, 2023 | Housing Starts: 8:15am | May | --- | The Canadian Mortgage and Housing Corporation showed April housing starts rose 261,559, above expectations by economists Reuters had polled. |
Thursday, June 15, 2023 | Monthly Survey of Manufacturing: 8:30am | Apr | --- | Manufacturing sales rose 0.7% in March, mainly on higher sales in the transportation equipment and primary metal industries. |
Friday, June 16, 2023 | Canada's International Transactions in Securities: 8:30am | Apr | --- | Foreign investors reduced their exposure to Canadian securities by $19.1 billion in March, the largest divestment since September 2022. Meanwhile, Canadian investors reduced their holdings of foreign securities by $5.6 billion in March 2023, a fourth consecutive monthly divestment. |
Friday, June 16, 2023 | Wholesale Trade: 8:30am | Apr | --- | Wholesale sales excluding petroleum fell 0.1% to $85.6 billion in March. The decrease in sales was mainly led by the miscellaneous subsector and machinery equipment and supplies subsector. |
Monday, June 19, 2023 | Raw Materials Price Index: 8:30am | May | --- | The Raw Materials Price Index rose 2.9% on a monthly basis in April 2023 and fell 10.8% year over year. |
Monday, June 19, 2023 | Industrial Product Price Index: 8:30am | May | --- | The Industrial Product Price Index fell 0.2% month over month in April, and was 3.5% lower than April 2022. |
Wednesday, June 21, 2023 | Retail Trade: 8:30am | Apr | --- | Retail sales decreased 1.4% to $65.3 billion in March. |
Wednesday, June 21, 2023 | New Housing Price Index: 8:30am | May | --- | The national index edged down 0.1% month over month in April. The index has declined six times since August 2022 (at its historical peak) |
Tuesday, June 27, 2023 | Consumer Price Index: 8:30am | May | --- | The Consumer Price Index (CPI) rose 4.4% on a year-over-year basis in April, following a 4.3% increase in March. On a seasonally adjusted monthly basis, the CPI rose 0.6% in April. |
Thursday, June 29, 2023 | Payroll Employment, Earnings and Hours: 8:30am | Apr | --- | The number of employees receiving pay or benefits from their employer—measured as "payroll employees" in the Survey of Employment, Payrolls and Hours—was little changed in March (-9,900). |
Friday, June 30, 2023 | GDP: 8:30am | Apr | --- | Real gross domestic product rose 0.8% in the first quarter, after posting no change in the previous quarter. |