Canadian Economic Calendar - November 2018

DateStatisticForCurrent MonthPrevious Month
Thursday, November 01, 2018Markit Canada Manufacturing PMI: 9:30 amOctThe PMI sagged in October to 53.9, from 54.8 in September. The IHS Markit Canada Manufacturing Purchasing Managers’ index (PMI), a measure of manufacturing business conditions, fell to a seasonally adjusted 54.8 last month, its weakest since December 2017, from 56.8 in August. A reading above 50 shows growth in the sector.
Friday, November 02, 2018Labour Force Survey: 8:30amOctEmployment was little changed in October. The unemployment rate decreased 0.1 percentage points to 5.8% as fewer people searched for work. Since November 2017, the unemployment rate has ranged from 5.8% to 6.0%.Employment rose by 63,000 in September, driven by an increase in part-time employment. The unemployment rate declined 0.1 percentage points to 5.9%.
Friday, November 02, 2018Canadian International Merchandise Trade: 8:30amSeptCanada's merchandise trade deficit with the world narrowed to $416 million in September from $551 million in August. Imports fell 0.4%, while exports edged down 0.2%.Canada's merchandise trade balance with the world was in a surplus position for the first time since December 2016. The $526-million surplus followed a $189-million deficit in July. Imports fell 2.5% and exports were down 1.1%.
Tuesday, November 06, 2018Building Permits: 8:30amSeptCanadian municipalities issued $8.1 billion worth of building permits in September, up 0.4% from August. The national increase was driven by higher construction intentions in Quebec.Canadian municipalities issued $8.1 billion worth of building permits in August, up 0.4% from July.
Wednesday, November 07, 2018IVEY Purchasing Managers Index: 10:00amOctThe PMI for October came in at 61.8, springing over the reading of 50.4 for September, but falling short of the 63.8 level for October 2017The PMI for September registered at 50.4, substantially lower than August's 61.9, indicating that purchases were greater than the previous month. The number also fell short of the 59.6 figure for September 2017
Thursday, November 08, 2018Housing Starts: 8:15amOctCanada Mortgage and Housing Corporation announced that the trend in housing starts was 206,171 units in October, compared to 207,809 units the month before.Canada Mortgage and Housing Corporation reported housing starts fell to 188,683 in September from a revised 189.843 in August.
Thursday, November 08, 2018New Housing Price Index: 8:30amSeptStatistics Canada declared that new house prices were unchanged nationally for a second consecutive month, despite increases in some pockets across the country.New house prices at the national level were unchanged, despite growth in some markets. In August, builders in 18 of the 27 census metropolitan areas (CMAs) surveyed reported flat or decreasing prices. The Canada-level index stood at 103.3 in August and has not risen above that mark since November 2017.
Thursday, November 15, 2018CREAstats - MLS Sales: 8:30amOctHome sales via Canadian MLS® Systems edged back by 1.6% in October 2018. While activity is still stronger compared to the first half of 2018, it remains below monthly levels recorded from early 2014 through 2017.The Canadian Real Estate Association says actual (not seasonally-adjusted) MLS activity dipped 8.9% in September from the same month a year earlier.
Friday, November 16, 2018Canada's International Transactions in Securities: 8:30amSeptForeign investment in Canadian securities totalled $7.7 billion in September, mainly acquisitions of money market instruments. At the same time, Canadian investment in foreign securities resumed to reach $10.6 billion, led by purchases of non-US instruments.Foreign investment in Canadian securities slowed to $2.8 billion in August, down from $15.3 billion in July. At the same time, Canadian investors reduced their holdings of foreign securities by $194 million as they acquired bonds but sold equities.
Friday, November 16, 2018Monthly Survey of Manufacturing: 8:30amSeptManufacturing sales edged up 0.2% in September to $58.5 billion, following a 0.5% decrease in August. Manufacturing sales fell 0.4% to $58.6 billion in August, following three consecutive monthly increases.
Wednesday, November 21, 2018Wholesale Trade: 8:30amSept---Wholesale sales edged down 0.1% to $63.6 billion in August. Sales were down in four of seven subsectors, representing 65% of total wholesale sales.
Thursday, November 22, 2018Employment Insurance: 8:30amSept---In August, 464,700 people received regular Employment Insurance benefits, down 7,400 (-1.6%) from the previous month
Friday, November 23, 2018Consumer Price Index: 8:30amOct---The Consumer Price Index (CPI) rose 2.2% year over year in September, following a 2.8% increase in August. On a seasonally adjusted monthly basis, the CPI was down 0.1% in September, after rising 0.1% in August.
Friday, November 23, 2018Retail Trade: 8:30amSept---Retail sales declined 0.1% to $50.8 billion in August, following a 0.2% increase in July. Sales were down in seven of 11 sub-sectors in August, representing 52% of retail trade.
Thursday, November 29, 2018Average Weekly EarningsSept---Average weekly earnings of non-farm payroll employees were $1,006 in August, up 0.6% from July. Compared with August 2017, earnings rose 2.9%.
Friday, November 30, 2018GDP: 8:30amSept---Real gross domestic product rose for a seventh consecutive month, edging up 0.1% in August.
Friday, November 30, 2018Industrial Product Price Index: 8:30amOct---The Industrial Product Price Index edged up 0.1% in September. Higher prices for chemicals and chemical products and energy and petroleum products were largely offset by lower prices for primary non-ferrous metal products.
Friday, November 30, 2018Raw Materials Price Index: 8:30amOct---The Raw Materials Price Index decreased 0.9%, primarily due to lower prices for crude energy products.

  • Markit Canada Manufacturing PMI: 9:30 am

    Thursday, November 01, 2018

    For: Oct

    Current Month:
    The PMI sagged in October to 53.9, from 54.8 in September.

    Previous Month:
    The IHS Markit Canada Manufacturing Purchasing Managers’ index (PMI), a measure of manufacturing business conditions, fell to a seasonally adjusted 54.8 last month, its weakest since December 2017, from 56.8 in August. A reading above 50 shows growth in the sector.

  • Labour Force Survey: 8:30am

    Friday, November 02, 2018

    For: Oct

    Current Month:
    Employment was little changed in October. The unemployment rate decreased 0.1 percentage points to 5.8% as fewer people searched for work. Since November 2017, the unemployment rate has ranged from 5.8% to 6.0%.

    Previous Month:
    Employment rose by 63,000 in September, driven by an increase in part-time employment. The unemployment rate declined 0.1 percentage points to 5.9%.

  • Canadian International Merchandise Trade: 8:30am

    Friday, November 02, 2018

    For: Sept

    Current Month:
    Canada's merchandise trade deficit with the world narrowed to $416 million in September from $551 million in August. Imports fell 0.4%, while exports edged down 0.2%.

    Previous Month:
    Canada's merchandise trade balance with the world was in a surplus position for the first time since December 2016. The $526-million surplus followed a $189-million deficit in July. Imports fell 2.5% and exports were down 1.1%.

  • Building Permits: 8:30am

    Tuesday, November 06, 2018

    For: Sept

    Current Month:
    Canadian municipalities issued $8.1 billion worth of building permits in September, up 0.4% from August. The national increase was driven by higher construction intentions in Quebec.

    Previous Month:
    Canadian municipalities issued $8.1 billion worth of building permits in August, up 0.4% from July.

  • IVEY Purchasing Managers Index: 10:00am

    Wednesday, November 07, 2018

    For: Oct

    Current Month:
    The PMI for October came in at 61.8, springing over the reading of 50.4 for September, but falling short of the 63.8 level for October 2017

    Previous Month:
    The PMI for September registered at 50.4, substantially lower than August's 61.9, indicating that purchases were greater than the previous month. The number also fell short of the 59.6 figure for September 2017

  • Housing Starts: 8:15am

    Thursday, November 08, 2018

    For: Oct

    Current Month:
    Canada Mortgage and Housing Corporation announced that the trend in housing starts was 206,171 units in October, compared to 207,809 units the month before.

    Previous Month:
    Canada Mortgage and Housing Corporation reported housing starts fell to 188,683 in September from a revised 189.843 in August.

  • New Housing Price Index: 8:30am

    Thursday, November 08, 2018

    For: Sept

    Current Month:
    Statistics Canada declared that new house prices were unchanged nationally for a second consecutive month, despite increases in some pockets across the country.

    Previous Month:
    New house prices at the national level were unchanged, despite growth in some markets. In August, builders in 18 of the 27 census metropolitan areas (CMAs) surveyed reported flat or decreasing prices. The Canada-level index stood at 103.3 in August and has not risen above that mark since November 2017.

  • CREAstats - MLS Sales: 8:30am

    Thursday, November 15, 2018

    For: Oct

    Current Month:
    Home sales via Canadian MLS® Systems edged back by 1.6% in October 2018. While activity is still stronger compared to the first half of 2018, it remains below monthly levels recorded from early 2014 through 2017.

    Previous Month:
    The Canadian Real Estate Association says actual (not seasonally-adjusted) MLS activity dipped 8.9% in September from the same month a year earlier.

  • Canada's International Transactions in Securities: 8:30am

    Friday, November 16, 2018

    For: Sept

    Current Month:
    Foreign investment in Canadian securities totalled $7.7 billion in September, mainly acquisitions of money market instruments. At the same time, Canadian investment in foreign securities resumed to reach $10.6 billion, led by purchases of non-US instruments.

    Previous Month:
    Foreign investment in Canadian securities slowed to $2.8 billion in August, down from $15.3 billion in July. At the same time, Canadian investors reduced their holdings of foreign securities by $194 million as they acquired bonds but sold equities.

  • Monthly Survey of Manufacturing: 8:30am

    Friday, November 16, 2018

    For: Sept

    Current Month:
    Manufacturing sales edged up 0.2% in September to $58.5 billion, following a 0.5% decrease in August.

    Previous Month:
    Manufacturing sales fell 0.4% to $58.6 billion in August, following three consecutive monthly increases.

  • Wholesale Trade: 8:30am

    Wednesday, November 21, 2018

    For: Sept

    Current Month:
    ---

    Previous Month:
    Wholesale sales edged down 0.1% to $63.6 billion in August. Sales were down in four of seven subsectors, representing 65% of total wholesale sales.

  • Employment Insurance: 8:30am

    Thursday, November 22, 2018

    For: Sept

    Current Month:
    ---

    Previous Month:
    In August, 464,700 people received regular Employment Insurance benefits, down 7,400 (-1.6%) from the previous month

  • Consumer Price Index: 8:30am

    Friday, November 23, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    The Consumer Price Index (CPI) rose 2.2% year over year in September, following a 2.8% increase in August. On a seasonally adjusted monthly basis, the CPI was down 0.1% in September, after rising 0.1% in August.

  • Retail Trade: 8:30am

    Friday, November 23, 2018

    For: Sept

    Current Month:
    ---

    Previous Month:
    Retail sales declined 0.1% to $50.8 billion in August, following a 0.2% increase in July. Sales were down in seven of 11 sub-sectors in August, representing 52% of retail trade.

  • Average Weekly Earnings

    Thursday, November 29, 2018

    For: Sept

    Current Month:
    ---

    Previous Month:
    Average weekly earnings of non-farm payroll employees were $1,006 in August, up 0.6% from July. Compared with August 2017, earnings rose 2.9%.

  • GDP: 8:30am

    Friday, November 30, 2018

    For: Sept

    Current Month:
    ---

    Previous Month:
    Real gross domestic product rose for a seventh consecutive month, edging up 0.1% in August.

  • Industrial Product Price Index: 8:30am

    Friday, November 30, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index edged up 0.1% in September. Higher prices for chemicals and chemical products and energy and petroleum products were largely offset by lower prices for primary non-ferrous metal products.

  • Raw Materials Price Index: 8:30am

    Friday, November 30, 2018

    For: Oct

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index decreased 0.9%, primarily due to lower prices for crude energy products.