Canadian Economic Calendar - October 2021

DateStatisticForCurrent MonthPrevious Month
Friday, October 1, 2021Markit Canada Manufacturing PMI: 9:30 amSeptThe IHS Markit Canada Manufacturing Purchasing Managers' Index (PMI) dipped to a seasonally adjusted 57.0 in September from 57.2 in August, but not far off March's record-setting pace of 58.5.The index registered 57.2 in August, up from 56.2 in July. The latest reading extended the period of growth to 14 successive months, with the latest expansion the fourth quickest in the near 11-year history of the survey.
Monday, October 4, 2021Building Permits: 8:30amAugThe total value of building permits in Canada decreased 2.1% to $9.7 billion in August. .The total value of building permits in Canada decreased 3.9% to $9.9 billion in July.
Tuesday, October 5, 2021Canadian International Merchandise Trade: 8:30amAugCanada's merchandise exports increased 0.8% in August, while imports decreased 1.4%. As a result, Canada's merchandise trade balance with the world remained in a surplus position, widening from $736 million in July to $1.9 billion in August.In July, Canada's merchandise imports rose 4.2% and exports increased 0.6%. As a result, Canada's merchandise trade surplus narrowed from $2.6 billion in June to $778 million in July.
Friday, October 8, 2021Labour Force Survey: 8:30amSeptEmployment rose by 157,000 (+0.8%) in September, the fourth consecutive monthly increase. The unemployment rate fell by 0.2 percentage points to 6.9%Employment rose by 90,000 (+0.5%) in August, the third consecutive monthly increase. The unemployment rate fell 0.4 percentage points to 7.1%.
Friday, October 8, 2021IVEY Purchasing Managers Index: 10:00amSeptThe PMI registered at 70.4 for September, up from 66 in August and 54.3 in September 2020. The index leaped to 66, towering over July’s 56.4, but down from the 67.8 reading in August 2020.
Thursday, October 14, 2021Monthly Survey of Manufacturing: 8:30amSeptManufacturing sales rose 0.5% to $60.3 billion in August on higher sales of petroleum and coal, chemicals and primary metals.Manufacturing sales declined 1.5% in July. Decreases in the wood product and in the aerospace product and parts industries were primarily responsible for the overall drop.
Friday, October 15, 2021Wholesale Trade: 8:30amAugWholesale sales increased 0.3% in August, reflecting mixed results among wholesale subsectors. Wholesale trade fell for the second consecutive month, down 2.1% in July. This decline was due to a 12.4% decrease in sales of building materials and supplies.
Friday, October 15, 2021CREAstats - MLS Sales: 8:30amSeptNational home sales rose 0.9% on a month-over-month basis in September.National home sales edged back 0.5% on a month-over-month basis in August.
Monday, October 18, 2021Canada's International Transactions in Securities: 8:30amAug---Foreign investors acquired $14.2 billion of Canadian securities in July, led by purchases of government debt securities. At the same time, Canadian investors reduced their holdings of foreign securities by $4.7 billion.
Monday, October 18, 2021Housing Starts: 8:15amSept---The trend in housing starts was 283,971 units in August 2021, down from 286,076 units in July 2021, according to Canada Mortgage and Housing Corporation
Wednesday, October 20, 2021Consumer Price Index: 8:30amSept---CPI rose 4.1% on a year-over-year basis in August, up from a 3.7% gain in July. On a seasonally adjusted monthly basis, the CPI rose 0.4% in August.
Thursday, October 21, 2021New Housing Price Index: 8:30amSept---Nationally, prices for new homes rose 0.7% in August, continuing the upward trend that began in May 2020.
Friday, October 22, 2021Retail Trade: 8:30amAug---Retail sales fell 0.6% to $55.8 billion in July.
Wednesday, October 27, 2021BoC Interest Rate Decision: 10:00amOct---The Bank of Canada today held its target for the overnight rate at the effective lower bound of 0.25%, with the Bank Rate at 0.5% and the deposit rate at 0.25%
Thursday, October 28, 2021Payroll Employment, Earnings and Hours: 8:30amAug---Payroll employment—or the number of employees receiving pay or benefits from their employer—increased by 324,800 (+2.0%) in July, the largest monthly increase since September 2020.
Friday, October 29, 2021Industrial Product Price Index: 8:30amSept---The Industrial Product Price Index declined 0.3% month over month in August, but was up 14.3% from August 2020.
Friday, October 29, 2021Raw Materials Price Index: 8:30amSept---The Raw Materials Price Index decreased 2.4% month over month in August, yet rose 27.7% compared with the same month in 2020.
Friday, October 29, 2021GDP: 8:30amAug---Real GDP edged down 0.1% in July, as gains in services-producing industries were more than offset by declines in goods-producing industries.
  • Markit Canada Manufacturing PMI: 9:30 am

    Friday, October 1, 2021

    For: Sept

    Current Month:
    The IHS Markit Canada Manufacturing Purchasing Managers' Index (PMI) dipped to a seasonally adjusted 57.0 in September from 57.2 in August, but not far off March's record-setting pace of 58.5.

    Previous Month:
    The index registered 57.2 in August, up from 56.2 in July. The latest reading extended the period of growth to 14 successive months, with the latest expansion the fourth quickest in the near 11-year history of the survey.
  • Building Permits: 8:30am

    Monday, October 4, 2021

    For: Aug

    Current Month:
    The total value of building permits in Canada decreased 2.1% to $9.7 billion in August. .

    Previous Month:
    The total value of building permits in Canada decreased 3.9% to $9.9 billion in July.
  • Canadian International Merchandise Trade: 8:30am

    Tuesday, October 5, 2021

    For: Aug

    Current Month:
    Canada's merchandise exports increased 0.8% in August, while imports decreased 1.4%. As a result, Canada's merchandise trade balance with the world remained in a surplus position, widening from $736 million in July to $1.9 billion in August.

    Previous Month:
    In July, Canada's merchandise imports rose 4.2% and exports increased 0.6%. As a result, Canada's merchandise trade surplus narrowed from $2.6 billion in June to $778 million in July.
  • Labour Force Survey: 8:30am

    Friday, October 8, 2021

    For: Sept

    Current Month:
    Employment rose by 157,000 (+0.8%) in September, the fourth consecutive monthly increase. The unemployment rate fell by 0.2 percentage points to 6.9%

    Previous Month:
    Employment rose by 90,000 (+0.5%) in August, the third consecutive monthly increase. The unemployment rate fell 0.4 percentage points to 7.1%.
  • IVEY Purchasing Managers Index: 10:00am

    Friday, October 8, 2021

    For: Sept

    Current Month:
    The PMI registered at 70.4 for September, up from 66 in August and 54.3 in September 2020.

    Previous Month:
    The index leaped to 66, towering over July’s 56.4, but down from the 67.8 reading in August 2020.
  • Monthly Survey of Manufacturing: 8:30am

    Thursday, October 14, 2021

    For: Sept

    Current Month:
    Manufacturing sales rose 0.5% to $60.3 billion in August on higher sales of petroleum and coal, chemicals and primary metals.

    Previous Month:
    Manufacturing sales declined 1.5% in July. Decreases in the wood product and in the aerospace product and parts industries were primarily responsible for the overall drop.
  • Wholesale Trade: 8:30am

    Friday, October 15, 2021

    For: Aug

    Current Month:
    Wholesale sales increased 0.3% in August, reflecting mixed results among wholesale subsectors.

    Previous Month:
    Wholesale trade fell for the second consecutive month, down 2.1% in July. This decline was due to a 12.4% decrease in sales of building materials and supplies.
  • CREAstats - MLS Sales: 8:30am

    Friday, October 15, 2021

    For: Sept

    Current Month:
    National home sales rose 0.9% on a month-over-month basis in September.

    Previous Month:
    National home sales edged back 0.5% on a month-over-month basis in August.
  • Canada's International Transactions in Securities: 8:30am

    Monday, October 18, 2021

    For: Aug

    Current Month:
    ---

    Previous Month:
    Foreign investors acquired $14.2 billion of Canadian securities in July, led by purchases of government debt securities. At the same time, Canadian investors reduced their holdings of foreign securities by $4.7 billion.
  • Housing Starts: 8:15am

    Monday, October 18, 2021

    For: Sept

    Current Month:
    ---

    Previous Month:
    The trend in housing starts was 283,971 units in August 2021, down from 286,076 units in July 2021, according to Canada Mortgage and Housing Corporation
  • Consumer Price Index: 8:30am

    Wednesday, October 20, 2021

    For: Sept

    Current Month:
    ---

    Previous Month:
    CPI rose 4.1% on a year-over-year basis in August, up from a 3.7% gain in July. On a seasonally adjusted monthly basis, the CPI rose 0.4% in August.
  • New Housing Price Index: 8:30am

    Thursday, October 21, 2021

    For: Sept

    Current Month:
    ---

    Previous Month:
    Nationally, prices for new homes rose 0.7% in August, continuing the upward trend that began in May 2020.
  • Retail Trade: 8:30am

    Friday, October 22, 2021

    For: Aug

    Current Month:
    ---

    Previous Month:
    Retail sales fell 0.6% to $55.8 billion in July.
  • BoC Interest Rate Decision: 10:00am

    Wednesday, October 27, 2021

    For: Oct

    Current Month:
    ---

    Previous Month:
    The Bank of Canada today held its target for the overnight rate at the effective lower bound of 0.25%, with the Bank Rate at 0.5% and the deposit rate at 0.25%
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, October 28, 2021

    For: Aug

    Current Month:
    ---

    Previous Month:
    Payroll employment—or the number of employees receiving pay or benefits from their employer—increased by 324,800 (+2.0%) in July, the largest monthly increase since September 2020.
  • Industrial Product Price Index: 8:30am

    Friday, October 29, 2021

    For: Sept

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index declined 0.3% month over month in August, but was up 14.3% from August 2020.
  • Raw Materials Price Index: 8:30am

    Friday, October 29, 2021

    For: Sept

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index decreased 2.4% month over month in August, yet rose 27.7% compared with the same month in 2020.
  • GDP: 8:30am

    Friday, October 29, 2021

    For: Aug

    Current Month:
    ---

    Previous Month:
    Real GDP edged down 0.1% in July, as gains in services-producing industries were more than offset by declines in goods-producing industries.