Economy

Economic Commentary

Economic Calendar

Global Economies

Global Economic Calendar


Canadian Economic Calendar - October 2024

DateStatisticForCurrent MonthPrevious Month
Tuesday, October 1, 2024Markit Canada Manufacturing PMI 9:30 a.m. SeptRegistering 50.4, up from 49.5 in August, the seasonally-adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index™ (PMI®) edged back above the critical 50.0 no-change mark in September to signal a first improvement in operating conditions since April 2023. The PMI registered below the critical 50.0 no-change mark during August for a 16th successive month.
Friday, October 4, 2024IVEY Purchasing Managers Index: 10:00amSeptThe index registered at 53.1 in September, much higher than the 48.1 figure the month before and identical to the 53.1 reading in September 2023.The index registered at 48.2 in August, much lower than the 57.6 figure the month before and well below the 53.5 in August 2023.
Tuesday, October 8, 2024Canadian International Merchandise Trade: 8:30amAugIn August, Canada's merchandise exports fell 1.0%, while imports edged up 0.3%. Consequently, Canada's merchandise trade balance with the world widened from a revised deficit of $287 million in July to a deficit of $1.1 billion in August.In July, Canada's merchandise imports decreased 1.7%, while exports fell 0.4%. Consequently, Canada's merchandise trade balance with the world moved from a revised deficit of $179 million in June to a surplus of $684 million in July.
Friday, October 11, 2024Labour Force Survey: 8:30amSeptEmployment rose by 47,000 (+0.2%) in September while the employment rate declined 0.1 percentage points to 60.7%. The unemployment rate fell 0.1 percentage points to 6.5%.Employment was little changed in August (+22,000; +0.1%) while the employment rate decreased 0.1 percentage points to 60.8%. The unemployment rate rose 0.2 percentage points to 6.6%.
Friday, October 11, 2024Building Permits: 8:30amAugThe total value of building permits in Canada decreased by $858.1 million (-7.0%) to $11.5 billion in August.Month over month, the total value of building permits in Canada surged 22.1% to $12.4 billion in July.
Tuesday, October 15, 2024Consumer Price Index: 8:30amSept---The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in August, down from a 2.5% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.1% in August.
Tuesday, October 15, 2024Wholesale Trade: 8:30amAug---Wholesale sales grew 0.4% to $82.7 billion in July.
Wednesday, October 16, 2024CREAstats - MLS Sales: 8:30amSept---Home sales recorded over Canadian MLS® Systems edged up by 1.3% on a month-over-month basis in August, reaching their highest level since January and their second highest in over a year
Wednesday, October 16, 2024Monthly Survey of Manufacturing: 8:30amAug---Manufacturing sales rose 1.4% in July, mainly on higher sales of petroleum and coal, and chemical products. The gains were partially offset by lower sales of wood products.
Wednesday, October 16, 2024Housing Starts: 8:15amSept---Housing starts tailed off to 217,400 in August from 279,800 in July.
Thursday, October 17, 2024Canada's International Transactions in Securities: 8:30amAug---Foreign investors increased their exposure to Canadian securities by $11.0 billion in July. Meanwhile, Canadian acquisitions of foreign securities slowed to $4.5 billion, down from a $16.4 billion investment in June.
Thursday, October 17, 2024New Motor Vehicle Sales: 7:30amAug---Motor vehicle sales registered 169,000 in July from 166,000 in the prior-year month.
Tuesday, October 22, 2024Industrial Product Price Index: 8:30amSept---The index decreased 0.8% month over month in August and rose 0.2% on a yearly basis.
Tuesday, October 22, 2024Raw Materials Price Index: 8:30amSept---The Raw Materials Price Index declined 3.1% month over month in August and fell 2.5% year over year.
Wednesday, October 23, 2024BoC Interest Rate Decision: 10:00amOct---The central bank lowered its trendsetting rate to 4.25%, delivering its third straight cut
Thursday, October 24, 2024New Housing Price Index: 8:30amSept---The index crumbled to 217,400 in August, from 279,800 in July.
Friday, October 25, 2024Retail Trade: 8:30amAug---Retail sales increased 0.9% to $66.4 billion in July.
Thursday, October 31, 2024Payroll Employment, Earnings and Hours: 8:30amAug---The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—increased by 32,800 (+0.2%) in July, following a decline in June (-22,900; -0.1%) and five consecutive monthly increases from January to May.
Thursday, October 31, 2024GDP: 8:30amAug---Real gross domestic product rose 0.2% in July as increases in both services-producing industries and goods-producing industries drove the growth.
  • Markit Canada Manufacturing PMI 9:30 a.m.

    Tuesday, October 1, 2024

    For: Sept

    Current Month:
    Registering 50.4, up from 49.5 in August, the seasonally-adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index™ (PMI®) edged back above the critical 50.0 no-change mark in September to signal a first improvement in operating conditions since April 2023.

    Previous Month:
    The PMI registered below the critical 50.0 no-change mark during August for a 16th successive month.
  • IVEY Purchasing Managers Index: 10:00am

    Friday, October 4, 2024

    For: Sept

    Current Month:
    The index registered at 53.1 in September, much higher than the 48.1 figure the month before and identical to the 53.1 reading in September 2023.

    Previous Month:
    The index registered at 48.2 in August, much lower than the 57.6 figure the month before and well below the 53.5 in August 2023.
  • Canadian International Merchandise Trade: 8:30am

    Tuesday, October 8, 2024

    For: Aug

    Current Month:
    In August, Canada's merchandise exports fell 1.0%, while imports edged up 0.3%. Consequently, Canada's merchandise trade balance with the world widened from a revised deficit of $287 million in July to a deficit of $1.1 billion in August.

    Previous Month:
    In July, Canada's merchandise imports decreased 1.7%, while exports fell 0.4%. Consequently, Canada's merchandise trade balance with the world moved from a revised deficit of $179 million in June to a surplus of $684 million in July.
  • Labour Force Survey: 8:30am

    Friday, October 11, 2024

    For: Sept

    Current Month:
    Employment rose by 47,000 (+0.2%) in September while the employment rate declined 0.1 percentage points to 60.7%. The unemployment rate fell 0.1 percentage points to 6.5%.

    Previous Month:
    Employment was little changed in August (+22,000; +0.1%) while the employment rate decreased 0.1 percentage points to 60.8%. The unemployment rate rose 0.2 percentage points to 6.6%.
  • Building Permits: 8:30am

    Friday, October 11, 2024

    For: Aug

    Current Month:
    The total value of building permits in Canada decreased by $858.1 million (-7.0%) to $11.5 billion in August.

    Previous Month:
    Month over month, the total value of building permits in Canada surged 22.1% to $12.4 billion in July.
  • Consumer Price Index: 8:30am

    Tuesday, October 15, 2024

    For: Sept

    Current Month:
    ---

    Previous Month:
    The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in August, down from a 2.5% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.1% in August.
  • Wholesale Trade: 8:30am

    Tuesday, October 15, 2024

    For: Aug

    Current Month:
    ---

    Previous Month:
    Wholesale sales grew 0.4% to $82.7 billion in July.
  • CREAstats - MLS Sales: 8:30am

    Wednesday, October 16, 2024

    For: Sept

    Current Month:
    ---

    Previous Month:
    Home sales recorded over Canadian MLS® Systems edged up by 1.3% on a month-over-month basis in August, reaching their highest level since January and their second highest in over a year
  • Monthly Survey of Manufacturing: 8:30am

    Wednesday, October 16, 2024

    For: Aug

    Current Month:
    ---

    Previous Month:
    Manufacturing sales rose 1.4% in July, mainly on higher sales of petroleum and coal, and chemical products. The gains were partially offset by lower sales of wood products.
  • Housing Starts: 8:15am

    Wednesday, October 16, 2024

    For: Sept

    Current Month:
    ---

    Previous Month:
    Housing starts tailed off to 217,400 in August from 279,800 in July.
  • Canada's International Transactions in Securities: 8:30am

    Thursday, October 17, 2024

    For: Aug

    Current Month:
    ---

    Previous Month:
    Foreign investors increased their exposure to Canadian securities by $11.0 billion in July. Meanwhile, Canadian acquisitions of foreign securities slowed to $4.5 billion, down from a $16.4 billion investment in June.
  • New Motor Vehicle Sales: 7:30am

    Thursday, October 17, 2024

    For: Aug

    Current Month:
    ---

    Previous Month:
    Motor vehicle sales registered 169,000 in July from 166,000 in the prior-year month.
  • Industrial Product Price Index: 8:30am

    Tuesday, October 22, 2024

    For: Sept

    Current Month:
    ---

    Previous Month:
    The index decreased 0.8% month over month in August and rose 0.2% on a yearly basis.
  • Raw Materials Price Index: 8:30am

    Tuesday, October 22, 2024

    For: Sept

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index declined 3.1% month over month in August and fell 2.5% year over year.
  • BoC Interest Rate Decision: 10:00am

    Wednesday, October 23, 2024

    For: Oct

    Current Month:
    ---

    Previous Month:
    The central bank lowered its trendsetting rate to 4.25%, delivering its third straight cut
  • New Housing Price Index: 8:30am

    Thursday, October 24, 2024

    For: Sept

    Current Month:
    ---

    Previous Month:
    The index crumbled to 217,400 in August, from 279,800 in July.
  • Retail Trade: 8:30am

    Friday, October 25, 2024

    For: Aug

    Current Month:
    ---

    Previous Month:
    Retail sales increased 0.9% to $66.4 billion in July.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, October 31, 2024

    For: Aug

    Current Month:
    ---

    Previous Month:
    The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—increased by 32,800 (+0.2%) in July, following a decline in June (-22,900; -0.1%) and five consecutive monthly increases from January to May.
  • GDP: 8:30am

    Thursday, October 31, 2024

    For: Aug

    Current Month:
    ---

    Previous Month:
    Real gross domestic product rose 0.2% in July as increases in both services-producing industries and goods-producing industries drove the growth.