Canadian Economic Calender

September 2014

Wednesday,September 03,2014 BoC Rate Announcement: 9:00am -- The Bank of Canada maintains its target for the overnight rate at 1%. ---
Thursday,September 04,2014 Canadian international merchandise trade: 8:30am July Canada's merchandise exports increased 1.4% in July, while imports edged down 0.3%. As a result, Canada's trade surplus with the world widened from $1.8 billion in June to $2.6 billion in July. Canada's merchandise exports rose 1.1% in June, while imports declined 1.8%. As a result, Canada's trade surplus with the world widened from $576 million in May to $1.9 billion in June.
Friday,September 05,2014 IVEY purchasing managers index: 10:00am Aug Western University’s IVEY Purchasing Managers’ Index stood at 50.9 by the end of August, down from July’s reading of 54.1, and the 51 reading in August of last year. Western University's Ivey Purchasing Managers Index (PMI) by the end of July 2014 stood at 54.1, compared to 46.9 in June, and 48.4 in July 2013.
Friday,September 05,2014 Labour Force Survey: 7:00am Aug Employment was little changed in August and the unemployment rate remained at 7.0%. Compared with 12 months earlier, employment increased by 81,000 (+0.5%), mostly in part-time work. Over the same period, the total number of hours worked was virtually unchanged. Employment rose by 42,000 in July, the result of an increase in part-time work (+60,000). The unemployment rate declined 0.1 percentage points to 7.0%.
Monday,September 08,2014 Building Permits: 8:30am July Canadian municipalities issued building permits worth $9.2 billion dollars in July, up 11.8% from June and the fourth consecutive monthly advance. Contractors took out building permits worth $8.0 billion in June, up 13.5% from May.
Tuesday,September 09,2014 Housing Starts: 8:15am Aug Canada Mortgage and Housing Corp showed the seasonally adjusted annualized rate of housing starts slipped to 192,368 last month from a downwardly revised 199,813 units in July. Canada Mortgage and Housing Corp. says housing starts increased to a seasonally adjusted annual pace of 189,784 in July, compared with 185,952 in June.
Thursday,September 11,2014 New Housing Price Index: 8:30am July The New Housing Price Index (NHPI) was unchanged in July, following a 0.2% increase in June. The New Housing Price Index rose 0.2% in June, up slightly from the 0.1% gain observed in May.
Monday,September 15,2014 CREAstats - MLS sales: 8:30am Aug The average price of a Canadian home increased by more than 5% in the past year, according to the Canadian Real Estate Association, which adds the average home sold went for $398,618 in August. The Canadian Real Estate Association reported Friday morning that the number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose 0.8% on a month-over-month basis in July, marking the sixth consecutive monthly increase and the highest level for sales since March 2010.
Tuesday,September 16,2014 Monthly Survey of Manufacturing: 8:30am July Canadian manufacturing sales increased 2.5% to $53.7 billion in July, largely as a result of higher sales in the transportation equipment and primary metal industries. Manufacturing sales rose 0.6% in June to $52.0 billion, the fifth gain in six months.
Thursday,September 18,2014 Employment Insurance: 8:30am July The number of people receiving regular Employment Insurance benefits in July totalled 499,300, little changed from the previous month. Compared with 12 months earlier, the number of beneficiaries decreased 2.9% or 14,900. Following a decline in May, the number of people receiving regular Employment Insurance benefits was little changed in June at 501,900.
Thursday,September 18,2014 Canada's International Transactions in securities: 8:30am July Canadian investors added $9.7 billion of foreign securities to their portfolios in July, the largest such investment since April 2007. Meanwhile, foreign investors acquired $5.3 billion of Canadian securities, mainly instruments from the corporate sector. Foreign investors reduced their holdings of Canadian securities by $1.1 billion in June, following investment totaling $31.6 billion over the previous two months. Meanwhile, Canadian investors continued their moderate investment in foreign securities by adding $2.0 billion to their portfolios in June.
Friday,September 19,2014 Wholesale trade: 8:30am July Following three consecutive monthly gains, wholesale sales decreased 0.3% to $52.9 billion in July. Wholesale sales rose 0.6% to $53.0 billion in June, a third consecutive increase.
Friday,September 19,2014 Consumer Price Index: 7:00am Aug Consumer prices rose 2.1% in the 12 months to August, matching the increase in July. On a seasonally adjusted monthly basis, the Consumer Price Index increased 0.1% in August, after decreasing 0.1% in July. Consumer prices rose 2.1% in the 12 months to July, following a 2.4% increase in June. On a seasonally-adjusted monthly basis, the Consumer Price Index decreased 0.1% in July, after rising 0.3% in June.
Tuesday,September 23,2014 Retail Trade: 8:30am July --- Retail sales rose for the sixth consecutive month, up 1.1% to $42.6 billion in June.
Tuesday,September 30,2014 Industrial Product Price Index: 8:30am Aug --- The Industrial Product Price Index declined 0.3% in July, mainly because of lower prices for energy and petroleum products.
Tuesday,September 30,2014 Raw Materials Price Index: 8:30am Aug --- The Raw Materials Price Index declined 1.4%, largely as a result of lower prices for crude energy products.
Tuesday,September 30,2014 GDP: 8:30am July --- Real gross domestic product (GDP) rose 0.8% in the second quarter, following a 0.2% increase in the first quarter. This was the largest quarterly gain since the third quarter of 2011. On a monthly basis, real GDP by industry increased 0.3% in June.


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