Canadian Economic Calendar - February 2020

DateStatisticForCurrent MonthPrevious Month
Monday, February 03, 2020Markit Canada Manufacturing PMI: 9:30 amJanThe headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index® (PMI®) registered 50.6 in January, up slightly from December's four-month low of 50.4. 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.
Wednesday, February 05, 2020Canadian International Merchandise Trade: 8:30amDecCanada's merchandise exports rose 1.9% in December, while imports edged up 0.2%. As a result, out merchandise trade deficit with the world narrowed from $1.2 billion in November to $370 million in December.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.
Friday, February 07, 2020Labour Force Survey: 8:30amJanEmployment increased by 35,000, or 0.2%, in January, all in full-time work. The unemployment rate fell 0.1 percentage points to 5.5%Employment increased by 35,000 (+0.2%) in December, and the unemployment rate fell 0.3 percentage points to 5.6%.
Friday, February 07, 2020IVEY Purchasing Managers Index: 10:00amJanThe Ivey PMI jumped to 57.3 in January from 51.9 in the previous month and 54.7 in January 2019 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.
Monday, February 10, 2020Housing Starts: 8:15amJanCanada Mortgage and Housing Corporation reported the trend in housing starts was 210,915 units in January, compared to 212,212 units in December. 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
Monday, February 10, 2020Building Permits: 8:30amDecThe total value of building permits issued by Canadian municipalities increased 7.4% to $8.7 billion in December. Increases were reported in five provinces, led by Ontario (+10.5% to $3.4 billion) and Quebec (+15.8% to $2.2 billionThe 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).
Friday, February 14, 2020CREAstats - MLS Sales: 8:30amJanThe Canadian Real Estate Association said actual sales, not seasonally adjusted, rose 11.5% from a year earlier, while the group's Home Price Index was up 4.7% from January last year.Home sales recorded over Canadian MLS® Systems edged down 0.9% in December, ending a streak of monthly gains that began last March.
Monday, February 17, 2020Canada's International Transactions in Securities: 8:30amDecCanadian investment in foreign securities reached $13.8 billion in December, led by purchases of equity instruments. At the same time, foreign investors reduced their holdings of Canadian securities by $9.6 billion, mainly in the form of bondsCanadian 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
Tuesday, February 18, 2020Monthly Survey of Manufacturing: 8:30amDecManufacturing sales declined for the fourth consecutive month, down 0.7% to $56.4 billion in December.Manufacturing sales declined 0.6% to $57.0 billion in November, the third consecutive monthly decrease.
Wednesday, February 19, 2020Consumer Price Index: 8:30amJanThe Consumer Price Index (CPI) rose 2.4% on a year-over-year basis in January, up from a 2.2% increase in December. On a seasonally adjusted monthly basis, the CPI rose 0.1% in January.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.
Thursday, February 20, 2020Employment Insurance: 8:30amDecIn December, 448,000 people received regular Employment Insurance benefits, little changed from November.In November, 451,000 people received regular Employment Insurance benefits, virtually unchanged from the previous month.
Thursday, February 20, 2020New Housing Price Index: 8:30amJanNew house prices were unchanged in January, following a 0.2% rise in December.New house prices rose 0.2% in December, the largest monthly increase for the month of December since 2009.
Friday, February 21, 2020Retail Trade: 8:30amDecRetail sales were virtually unchanged at $51.6 billion in December, after growing 1.1% in November.In November, retail sales rose 0.9% to $51.5 billion, largely offsetting the 1.1% decline in October.
Monday, February 24, 2020Wholesale Trade: 8:30amDec---Wholesale sales declined 1.2% to $63.2 billion in November, the third decline in five months.
Thursday, February 27, 2020Payroll Employment, Earnings and Hours: 8:30amDec---The average weekly earnings of non-farm payroll employees were $1,042 in November, little changed from October. On a year-over-year basis, earnings grew 3.1%, continuing an upward trend observed since March
Friday, February 28, 2020GDP: 8:30amDec--- Real gross domestic product edged up 0.1% in November, offsetting most of the decline in October.
Friday, February 28, 2020Industrial Product Price Index: 8:30amJan---The Raw Materials Price Index rose 2.8%, mainly due to higher prices for crude energy products.
Friday, February 28, 2020Raw Materials Price Index: 8:30amJan---The Industrial Product Price Index edged up 0.1% in December, driven primarily by higher prices for primary non-ferrous metal products.

  • Markit Canada Manufacturing PMI: 9:30 am

    Monday, February 03, 2020

    For: Jan

    Current Month:
    The headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index® (PMI®) registered 50.6 in January, up slightly from December's four-month low of 50.4.

    Previous 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.

  • Canadian International Merchandise Trade: 8:30am

    Wednesday, February 05, 2020

    For: Dec

    Current Month:
    Canada's merchandise exports rose 1.9% in December, while imports edged up 0.2%. As a result, out merchandise trade deficit with the world narrowed from $1.2 billion in November to $370 million in December.

    Previous 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.

  • Labour Force Survey: 8:30am

    Friday, February 07, 2020

    For: Jan

    Current Month:
    Employment increased by 35,000, or 0.2%, in January, all in full-time work. The unemployment rate fell 0.1 percentage points to 5.5%

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

  • IVEY Purchasing Managers Index: 10:00am

    Friday, February 07, 2020

    For: Jan

    Current Month:
    The Ivey PMI jumped to 57.3 in January from 51.9 in the previous month and 54.7 in January 2019

    Previous 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.

  • Housing Starts: 8:15am

    Monday, February 10, 2020

    For: Jan

    Current Month:
    Canada Mortgage and Housing Corporation reported the trend in housing starts was 210,915 units in January, compared to 212,212 units in December.

    Previous 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

  • Building Permits: 8:30am

    Monday, February 10, 2020

    For: Dec

    Current Month:
    The total value of building permits issued by Canadian municipalities increased 7.4% to $8.7 billion in December. Increases were reported in five provinces, led by Ontario (+10.5% to $3.4 billion) and Quebec (+15.8% to $2.2 billion

    Previous 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).

  • CREAstats - MLS Sales: 8:30am

    Friday, February 14, 2020

    For: Jan

    Current Month:
    The Canadian Real Estate Association said actual sales, not seasonally adjusted, rose 11.5% from a year earlier, while the group's Home Price Index was up 4.7% from January last year.

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

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

    Monday, February 17, 2020

    For: Dec

    Current Month:
    Canadian investment in foreign securities reached $13.8 billion in December, led by purchases of equity instruments. At the same time, foreign investors reduced their holdings of Canadian securities by $9.6 billion, mainly in the form of bonds

    Previous 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

  • Monthly Survey of Manufacturing: 8:30am

    Tuesday, February 18, 2020

    For: Dec

    Current Month:
    Manufacturing sales declined for the fourth consecutive month, down 0.7% to $56.4 billion in December.

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

  • Consumer Price Index: 8:30am

    Wednesday, February 19, 2020

    For: Jan

    Current Month:
    The Consumer Price Index (CPI) rose 2.4% on a year-over-year basis in January, up from a 2.2% increase in December. On a seasonally adjusted monthly basis, the CPI rose 0.1% in January.

    Previous 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.

  • Employment Insurance: 8:30am

    Thursday, February 20, 2020

    For: Dec

    Current Month:
    In December, 448,000 people received regular Employment Insurance benefits, little changed from November.

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

  • New Housing Price Index: 8:30am

    Thursday, February 20, 2020

    For: Jan

    Current Month:
    New house prices were unchanged in January, following a 0.2% rise in December.

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

  • Retail Trade: 8:30am

    Friday, February 21, 2020

    For: Dec

    Current Month:
    Retail sales were virtually unchanged at $51.6 billion in December, after growing 1.1% in November.

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

  • Wholesale Trade: 8:30am

    Monday, February 24, 2020

    For: Dec

    Current Month:
    ---

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

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

    Thursday, February 27, 2020

    For: Dec

    Current Month:
    ---

    Previous Month:
    The average weekly earnings of non-farm payroll employees were $1,042 in November, little changed from October. On a year-over-year basis, earnings grew 3.1%, continuing an upward trend observed since March

  • GDP: 8:30am

    Friday, February 28, 2020

    For: Dec

    Current Month:
    ---

    Previous Month:
    Real gross domestic product edged up 0.1% in November, offsetting most of the decline in October.

  • Industrial Product Price Index: 8:30am

    Friday, February 28, 2020

    For: Jan

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index rose 2.8%, mainly due to higher prices for crude energy products.

  • Raw Materials Price Index: 8:30am

    Friday, February 28, 2020

    For: Jan

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index edged up 0.1% in December, driven primarily by higher prices for primary non-ferrous metal products.