Canadian Economic Calendar - September 2019

DateStatisticForCurrent MonthPrevious Month
Tuesday, September 03, 2019Markit Canada Manufacturing PMI: 9:30 amAugThe PMI, a measure of manufacturing business conditions, fell to a seasonally adjusted 49.1 in August, a three-month low, from 50.2 in July.The data published by the IHS Markit today revealed that the business activity in the Canadian manufacturing sector expanded modestly in July with the Manufacturing PMI rising to 50.2 following June's reading of 49.2 This data also beat the market expectation of 49.5.
Wednesday, September 04, 2019BoC Rate AnnouncementOctAs expected, the Bank of Canada left its trendsetting rate unchanged at 1.75%. The Bank Rate is correspondingly 2% and the deposit rate is 1.5% ---
Wednesday, September 04, 2019Canadian International Merchandise Trade: 8:30amJulyImports rose 1.2% in July, while exports fell 0.9%. As a result, Canada's merchandise trade balance with the world went from an essentially balanced position in June to a $1.1 billion deficit in July.Canada's exports were down 5.1% in June, while imports fell 4.3%. As a result, Canada's merchandise trade balance remained in a surplus position, settling at $136 million after posting a $556 million surplus in May.
Friday, September 06, 2019Labour Force Survey: 8:30amAugEmployment increased by 81,000 in August, largely in part-time work. The unemployment rate remained at 5.7% as more people participated in the labour market.The economy lost 24,200 jobs last month and its unemployment rate moved up to 5.7% to give the economy its weakest three-month stretch of job creation since early 2018.
Friday, September 06, 2019IVEY Purchasing Managers Index: 10:00amAugThe PMI towered over the previous month, at 60.6 in August, from 54.2 in July, but down from 61.9 in August 2018The PMI registered at 54.2 in July, compared to 52.4 in June, but still well below the 61.8 reading in August 2018
Tuesday, September 10, 2019Housing Starts: 8:15amAugCanada Mortgage and Housing Corporation reported that the trend in housing starts was 218,998 units in August 2019, compared to 208,931 units in July 2019. The seasonally adjusted annual rates of housing starts in Canada dropped 9.6% from a month earlier to 222,013 units in July, beating market expectations of 203,500.
Tuesday, September 10, 2019Building Permits: 8:30amJulyThe number of building permits issued by Canadian municipalities rose 3.0% to $8.3 billion in July, largely due to increases in multi-family and commercial permits in July. The value of building permits issued by Canadian municipalities declined 3.7% to $8.0 billion in June, largely due to a decrease in the value of multi-family and institutional permits.
Thursday, September 12, 2019New Housing Price Index: 8:30amJulyNew housing prices were down 0.1% at the national level for the third consecutive month in July.New housing prices were down 0.1% at the national level for the second consecutive month in June.
Monday, September 16, 2019Canada's International Transactions in Securities: 8:30amJuly---Foreign investors reduced their holdings of Canadian securities by $4.0 billion in June, the third divestment in four months. At the same time, Canadian investment in foreign securities increased to $6.6 billion, the largest investment since October 2018.
Monday, September 16, 2019CREAstats - MLS Sales: 8:30amAug---Canadian Real Estate Association said home sales rose 3.5% in July from the previous month, the fifth consecutive month of higher sales. CREA also said actual sales, not seasonally adjusted, rose 12.6% from a year earlier, while the group’s Home Price Index was up 0.2% from July last year.
Tuesday, September 17, 2019Monthly Survey of Manufacturing: 8:30amJuly---Manufacturing sales fell 1.2% to $58.0 billion in June, following a 1.6% increase in May.
Wednesday, September 18, 2019Consumer Price Index: 8:30amAug---Inflation rose 2.0% on a year-over-year basis in July, matching the increase in June. On a seasonally-adjusted monthly basis, the CPI increased 0.4%.
Thursday, September 19, 2019Employment Insurance: 8:30amJuly---In June, 442,600 people received regular Employment Insurance (EI) benefits, a figure virtually unchanged from the previous month.
Friday, September 20, 2019Retail Trade: 8:30amJuly---Sales in the retail trade sector were essentially unchanged in June. Stronger sales across most sub-sectors were offset by lower sales at motor vehicle and parts dealers and gasoline stations.
Monday, September 23, 2019Wholesale Trade: 8:30amJuly---Wholesale sales rose 0.6% to $64.1 billion in June, partly offsetting the 1.9% decline in May.
Thursday, September 26, 2019Payroll Employment, Earnings and Hours: 8:30amJuly---Non-farm payroll employees earned an average of $1,026 per week in June, down 0.5% from the previous month, and up 2.5% on a year-over-year basis.
Monday, September 30, 2019Industrial Product Price Index: 8:30amAug---Prices for products manufactured in Canada were down 0.3% in July.
Monday, September 30, 2019Raw Materials Price Index: 8:30amAug---Prices for raw materials purchased by manufacturers operating in Canada were up 1.2%, mainly as a result of higher crude energy products prices.
Tuesday, October 01, 2019GDP: 8:30amJuly---Real gross domestic product grew 0.9% in the second quarter, after edging up 0.1% in each of the previous two quarters.
  • Markit Canada Manufacturing PMI: 9:30 am

    Tuesday, September 03, 2019

    For: Aug

    Current Month:
    The PMI, a measure of manufacturing business conditions, fell to a seasonally adjusted 49.1 in August, a three-month low, from 50.2 in July.

    Previous Month:
    The data published by the IHS Markit today revealed that the business activity in the Canadian manufacturing sector expanded modestly in July with the Manufacturing PMI rising to 50.2 following June's reading of 49.2 This data also beat the market expectation of 49.5.
  • BoC Rate Announcement

    Wednesday, September 04, 2019

    For: Oct

    Current Month:
    As expected, the Bank of Canada left its trendsetting rate unchanged at 1.75%. The Bank Rate is correspondingly 2% and the deposit rate is 1.5%

    Previous Month:
    ---
  • Canadian International Merchandise Trade: 8:30am

    Wednesday, September 04, 2019

    For: July

    Current Month:
    Imports rose 1.2% in July, while exports fell 0.9%. As a result, Canada's merchandise trade balance with the world went from an essentially balanced position in June to a $1.1 billion deficit in July.

    Previous Month:
    Canada's exports were down 5.1% in June, while imports fell 4.3%. As a result, Canada's merchandise trade balance remained in a surplus position, settling at $136 million after posting a $556 million surplus in May.
  • Labour Force Survey: 8:30am

    Friday, September 06, 2019

    For: Aug

    Current Month:
    Employment increased by 81,000 in August, largely in part-time work. The unemployment rate remained at 5.7% as more people participated in the labour market.

    Previous Month:
    The economy lost 24,200 jobs last month and its unemployment rate moved up to 5.7% to give the economy its weakest three-month stretch of job creation since early 2018.
  • IVEY Purchasing Managers Index: 10:00am

    Friday, September 06, 2019

    For: Aug

    Current Month:
    The PMI towered over the previous month, at 60.6 in August, from 54.2 in July, but down from 61.9 in August 2018

    Previous Month:
    The PMI registered at 54.2 in July, compared to 52.4 in June, but still well below the 61.8 reading in August 2018
  • Housing Starts: 8:15am

    Tuesday, September 10, 2019

    For: Aug

    Current Month:
    Canada Mortgage and Housing Corporation reported that the trend in housing starts was 218,998 units in August 2019, compared to 208,931 units in July 2019.

    Previous Month:
    The seasonally adjusted annual rates of housing starts in Canada dropped 9.6% from a month earlier to 222,013 units in July, beating market expectations of 203,500.
  • Building Permits: 8:30am

    Tuesday, September 10, 2019

    For: July

    Current Month:
    The number of building permits issued by Canadian municipalities rose 3.0% to $8.3 billion in July, largely due to increases in multi-family and commercial permits in July.

    Previous Month:
    The value of building permits issued by Canadian municipalities declined 3.7% to $8.0 billion in June, largely due to a decrease in the value of multi-family and institutional permits.
  • New Housing Price Index: 8:30am

    Thursday, September 12, 2019

    For: July

    Current Month:
    New housing prices were down 0.1% at the national level for the third consecutive month in July.

    Previous Month:
    New housing prices were down 0.1% at the national level for the second consecutive month in June.
  • Canada's International Transactions in Securities: 8:30am

    Monday, September 16, 2019

    For: July

    Current Month:
    ---

    Previous Month:
    Foreign investors reduced their holdings of Canadian securities by $4.0 billion in June, the third divestment in four months. At the same time, Canadian investment in foreign securities increased to $6.6 billion, the largest investment since October 2018.
  • CREAstats - MLS Sales: 8:30am

    Monday, September 16, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    Canadian Real Estate Association said home sales rose 3.5% in July from the previous month, the fifth consecutive month of higher sales. CREA also said actual sales, not seasonally adjusted, rose 12.6% from a year earlier, while the group’s Home Price Index was up 0.2% from July last year.
  • Monthly Survey of Manufacturing: 8:30am

    Tuesday, September 17, 2019

    For: July

    Current Month:
    ---

    Previous Month:
    Manufacturing sales fell 1.2% to $58.0 billion in June, following a 1.6% increase in May.
  • Consumer Price Index: 8:30am

    Wednesday, September 18, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    Inflation rose 2.0% on a year-over-year basis in July, matching the increase in June. On a seasonally-adjusted monthly basis, the CPI increased 0.4%.
  • Employment Insurance: 8:30am

    Thursday, September 19, 2019

    For: July

    Current Month:
    ---

    Previous Month:
    In June, 442,600 people received regular Employment Insurance (EI) benefits, a figure virtually unchanged from the previous month.
  • Retail Trade: 8:30am

    Friday, September 20, 2019

    For: July

    Current Month:
    ---

    Previous Month:
    Sales in the retail trade sector were essentially unchanged in June. Stronger sales across most sub-sectors were offset by lower sales at motor vehicle and parts dealers and gasoline stations.
  • Wholesale Trade: 8:30am

    Monday, September 23, 2019

    For: July

    Current Month:
    ---

    Previous Month:
    Wholesale sales rose 0.6% to $64.1 billion in June, partly offsetting the 1.9% decline in May.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, September 26, 2019

    For: July

    Current Month:
    ---

    Previous Month:
    Non-farm payroll employees earned an average of $1,026 per week in June, down 0.5% from the previous month, and up 2.5% on a year-over-year basis.
  • Industrial Product Price Index: 8:30am

    Monday, September 30, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    Prices for products manufactured in Canada were down 0.3% in July.
  • Raw Materials Price Index: 8:30am

    Monday, September 30, 2019

    For: Aug

    Current Month:
    ---

    Previous Month:
    Prices for raw materials purchased by manufacturers operating in Canada were up 1.2%, mainly as a result of higher crude energy products prices.
  • GDP: 8:30am

    Tuesday, October 01, 2019

    For: July

    Current Month:
    ---

    Previous Month:
    Real gross domestic product grew 0.9% in the second quarter, after edging up 0.1% in each of the previous two quarters.