Date | Statistic | For | Current Month | Previous Month |
Wednesday, February 1, 2023 | Markit Canada Manufacturing PMI 9:30 a.m. | Jan | The seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index recorded 51.0 in January, up from 49.2 at the end of 2022. | In December, the IHS Markit Manufacturing Purchasing Managers’ Index (PMI) dipped to 56.5 from November’s 57.2. |
Thursday, February 2, 2023 | Building Permits: 8:30am | Dec | The monthly total seasonally adjusted value of building permits in Canada decreased 7.3% in December to $10.3 billion. | The total value of building permits in Canada jumped 14.1% in November to $11.0 billion, rebounding after two consecutive monthly losses. |
Monday, February 6, 2023 | IVEY Purchasing Managers Index: 10:00am | Jan | The index climbed last month to 60.1 from December's 49.3, and a reading of 64.9 in January. | The seasonally adjusted PMI fell to 49.3 last month from 51.4 in November, its lowest level since April 2020 and well below the 50 threshold that indicates a decrease in activity. |
Tuesday, February 7, 2023 | Canadian International Merchandise Trade: 8:30am | Dec | In December, Canada's merchandise exports decreased 1.2%, while imports were down 1.3%. As a result, Canada's merchandise trade deficit with the world narrowed from $219 million in November to $160 million in December. | In November, Canada's merchandise exports decreased 2.3%, while imports were down 2.1%. As a result, Canada's merchandise trade balance with the world went from a surplus of $130 million in October to a deficit of $41 million in November. |
Friday, February 10, 2023 | Labour Force Survey: 8:30am | Jan | --- | Employment rose by 104,000 (+0.5%) in December, and the unemployment rate declined 0.1 percentage points to 5.0%. |
Tuesday, February 14, 2023 | New Motor Vehicle Sales: 7:30am | Dec | --- | New motor vehicle sales totaled 123,874 units in November, reflecting a decrease of 6.3% monthly, and 5.5% year-on-year. |
Wednesday, February 15, 2023 | Housing Starts: 8:15am | Jan | --- | The standalone monthly SAAR of total housing starts for all areas in Canada declined 5% in December (248,625 units) compared to November (263,022 units). The SAAR of total urban starts also declined 5%, with 227,708 units recorded in December. Multi-unit urban starts decreased 4% to 182,850 units, while single-detached urban starts fell 11% to 44,858 units. |
Wednesday, February 15, 2023 | Wholesale Trade: 8:30am | Dec | --- | Wholesale sales rose 0.5% to $83.8 billion in November |
Wednesday, February 15, 2023 | CREAstats - MLS Sales: 8:30am | Jan | --- | National home sales rose 1.3% month-over-month in December. Actual (not seasonally adjusted) monthly activity came in 39.1% below December 2021. |
Wednesday, February 15, 2023 | Monthly Survey of Manufacturing: 8:30am | Dec | --- | Manufacturing sales were unchanged in November with higher sales in the motor vehicle and fabricated metal industries offset by lower sales in the chemical and petroleum and coal product industries. |
Friday, February 17, 2023 | Raw Materials Price Index: 8:30am | Jan | --- | The index fell 3.1% on a monthly basis in December and increased 7.5% year over year. |
Friday, February 17, 2023 | Industrial Product Price Index: 8:30am | Jan | --- | In December, the index declined 1.1% month over month and was up 7.6% year over year. |
Friday, February 17, 2023 | Canada's International Transactions in Securities: 8:30am | Dec | --- | Canadian acquisitions of foreign securities totalled $14.1 billion in November, the largest investment since April. Meanwhile, non-resident investors purchased $12.8 billion of Canadian securities, up from a $9.1 billion investment in October. |
Tuesday, February 21, 2023 | Retail Trade: 8:30am | Dec | --- | Retail sales decreased 0.1% to $61.8 billion in November. |
Tuesday, February 21, 2023 | New Housing Price Index: 8:30am | Jan | --- | Nationally, prices were unchanged in December following three months of declines. |
Tuesday, February 21, 2023 | Consumer Price Index: 8:30am | Jan | --- | The Consumer Price Index (CPI) rose 6.3% on a year-over-year basis in December, following a 6.8% increase in November. On a seasonally adjusted monthly basis, the CPI fell 0.1% in December. |
Thursday, February 23, 2023 | Payroll Employment, Earnings and Hours: 8:30am | Dec | --- | The number of employees receiving pay or benefits from their employer—measured as "payroll employees" in the Survey of Employment, Payrolls and Hours—remained essentially unchanged in November (+7,100). |
Tuesday, February 28, 2023 | GDP: 8:30am | Dec | --- | Real gross domestic product edged up 0.1% in November as growth in services-producing industries was partially offset by declines in goods-producing industries. |
Wednesday, March 8, 2023 | BoC Interest Rate Decision: 10:00am | Mar | --- | The Bank of Canada today increased its target for the overnight rate to 4.5%, with the Bank Rate at 4.5% and the deposit rate at 4.5%. |