Date | Statistic | For | Current Month | Previous Month |
Wednesday, June 1, 2022 | BoC Interest Rate Decision: 10:00am | June | The Bank of Canada today increased its target for the overnight rate to 1.5%, with the Bank Rate at 1.75% and the deposit rate at 1.5%. | The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. |
Wednesday, June 1, 2022 | Markit Canada Manufacturing PMI 9:30 a.m. | May | The index registered 56.8 in May, up from 56.2 in April. | The Index registered at 56.2 in April, down from March's survey-record high of 58.9. |
Thursday, June 2, 2022 | Building Permits: 8:30am | April | The total value of building permits in Canada declined 0.6% in April to $11.7 billion. | The total value of building permits in Canada decreased 9.3% in March to $11.7 billion, mainly due to the non-residential sector (-29.5% to $3.7 billion). |
Tuesday, June 7, 2022 | IVEY Purchasing Managers Index: 10:00am | May | The index ballooned to 72 in May, from 66.3 in April and showed a vast improvement over the 64.7 figure for May 2021 | The index withered to 66.3 in April from 74.2 in March, but improved on the 60.6 figure from April 2021. |
Tuesday, June 7, 2022 | Canadian International Merchandise Trade: 8:30am | April | Growth in Canadian merchandise imports and exports slowed in April, with imports rising 1.9% and exports increasing 0.6%. As a result, Canada's merchandise trade surplus with the world narrowed from $2.3 billion in March to $1.5 billion in April. | Canada's merchandise trade increased substantially in March, with both imports and exports reaching record highs. Imports increased 7.7%, while exports rose 6.3%. As a result, Canada's merchandise trade surplus with the world narrowed from $3.1 billion in February to $2.5 billion in March. |
Friday, June 10, 2022 | Labour Force Survey: 8:30am | May | Employment rose by 40,000 in May and the unemployment rate edged down to 5.1%. | Employment was little changed in April after two consecutive months of growth. The unemployment rate edged down 0.1 percentage points to 5.2%. |
Tuesday, June 14, 2022 | Monthly Survey of Manufacturing: 8:30am | April | Manufacturing sales increased 1.7% in April, mainly on higher sales of petroleum and coal products, motor vehicles, and primary metals. | Manufacturing sales rose 2.5% in March, mainly on higher sales of petroleum and coal product, primary metals, and paper products. |
Wednesday, June 15, 2022 | CREAstats - MLS Sales: 8:30am | May | Home sales recorded over Canadian MLS Systems declined by 8.6% between April and May. | National home sales dropped by 12.6% on a month-over-month basis in April. |
Wednesday, June 15, 2022 | Housing Starts: 8:15am | May | Housing starts in Canada jumped by 8% over a month earlier to 287,257 units in May, well above market expectations of 252,600 units | Housing starts spiked 8% over a month earlier to 267,330 units in April above market expectations of 246,400 units. |
Thursday, June 16, 2022 | Wholesale Trade: 8:30am | April | Wholesale sales fell 0.5% in April to $79.8 billion, the second decrease in the past three months. | Wholesale sales rose 0.3% in March to $79.8 billion. |
Friday, June 17, 2022 | Raw Materials Price Index: 8:30am | May | The Raw Materials Price Index increased 2.5% on a monthly basis in May, and posted a 37.4% year-over-year increase. | The Raw Materials Price Index decreased 2.0% on a monthly basis in April and rose 38.4% year over year. |
Friday, June 17, 2022 | Industrial Product Price Index: 8:30am | May | The Industrial Product Price Index rose by 1.7% month over month in May and by 15.0% compared with May 2021. | The Industrial Product Price Index rose 0.8% month over month in April and was up 16.4% year over year. |
Friday, June 17, 2022 | Canada's International Transactions in Securities: 8:30am | April | Canadian investors purchased a record $29.2 billion of foreign securities in April, after a $46.2 billion divestment in the first quarter of 2022. At the same time, foreign acquisitions of Canadian securities totaled $22.2 billion, led by investment in new bonds denominated in foreign currencies. | Foreign investors acquired $46.9 billion of Canadian securities in March, the largest investment since April 2020. At the same time, Canadian investors reduced their holdings of foreign securities by $24.0 billion, following a $9.9 billion divestment in February. |
Tuesday, June 21, 2022 | Retail Trade: 8:30am | April | Retail sales increased 0.9% to $60.7 billion in April. | Retail sales were virtually unchanged in March. Sales were up in 10 of 11 subsectors, led by higher sales at gasoline stations. |
Tuesday, June 21, 2022 | New Housing Price Index: 8:30am | May | New home prices for Canada were up 0.5% in May compared with April, following a 0.3% rise in the previous month. | In April, new home prices for Canada showed some signs of cooling from their average increase of 1.1% in the first three months of the year, as they rose 0.3% compared with March. |
Wednesday, June 22, 2022 | Consumer Price Index: 8:30am | May | CPI rose 7.7% on a year-over-year basis in May, up from a 6.8% gain in April. On a seasonally-adjusted monthly basis, the CPI increased 1.1% in May. | CPI rose 6.8% on a year-over-year basis in April, up from a 6.7% gain in March. On a seasonally adjusted monthly basis, the CPI increased 0.7% in April. |
Friday, June 24, 2022 | Payroll Employment, Earnings and Hours: 8:30am | April | The number of employees receiving pay or benefits from their employer—measured by the Survey of Employment, Payrolls and Hours—increased by 126,000 (+0.7%) in April. | The number of employees receiving pay or benefits from their employer—measured by the Survey of Employment, Payrolls and Hours as payroll employment—increased by 118,100 (+0.7%) in March. |
Thursday, June 30, 2022 | GDP: 8:30am | April | --- | Real gross domestic product rose 0.7% in March, led by growth in client-facing industries. |