| Date | Statistic | For | Current Month | Previous Month |
| Friday, July 2, 2021 | Markit Canada Manufacturing PMI: 9:30 am | June | The headline PMI registered 56.5 in June, down
from 57.0 in May, to signal the twelfth consecutive expansion in operating conditions. The latest uptick was the softest since February, but was sharp in the context of the historical average. | The PMI registered 57.0 in May, down fractionally from 57.2 in April, to signal the fifth-strongest growth in operating conditions in the survey to date. |
| Friday, July 2, 2021 | Building Permits: 8:30am | May | Following four consecutive months of reaching new highs, the total value of building permits dropped a record $1.6 billion (-14.8%) to $9.5 billion in May. | The total value of building permits remained at historically high levels in April 2021, edging down 0.5% to $11.1 billion, following the record set in March. |
| Friday, July 2, 2021 | Canadian International Merchandise Trade: 8:30am | May | In May, Canada's merchandise imports increased 2.1%, while exports fell 1.6%. As a result, Canada's merchandise trade balance widened, moving from a surplus of $462 million in April to a deficit of $1.4 billion in May. | In April, Canada's merchandise imports fell 4.7%, while exports decreased 1.0%. Both declines were attributable in large part to significant decreases in trade of motor vehicles and parts. Canada's merchandise trade balance went from a deficit of $1.3 billion in March to a surplus of $594 million in April. |
| Wednesday, July 7, 2021 | IVEY Purchasing Managers Index: 10:00am | June | The index progressed to 71.9 in June, from 64.7 in May, and much better than the 58.2 reading for June 2020 | The index progressed to 64.7 in May, from 60.6 in April, and towering above the 39.1 reading in May 2020 |
| Friday, July 9, 2021 | Labour Force Survey: 8:30am | June | Employment rose by 231,000 (+1.2%) in June, following a cumulative decline of 275,000 over the previous two months. | Employment fell by 68,000 (-0.4%) in May, adding to a decline of 207,000 in April. The unemployment rate was little changed at 8.2%. |
| Wednesday, July 14, 2021 | BoC Interest Rate Decision: 10:00am | July | The Bank of Canada is cutting its expectations for economic growth this year as it keeps its key interest rate target on hold at 0.25%. | The Bank of Canada maintained interest rates at 0.25%, as expected, the same perch at which it’s been since March 2020. The Bank Rate stays at 0.5%, and the deposit rate at 0.25%.
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| Wednesday, July 14, 2021 | Monthly Survey of Manufacturing: 8:30am | May | Manufacturing sales declined 0.6% in May, on lower sales in 11 of 21 industries led by the machinery, chemical and fabricated metal product industries. | Manufacturing sales fell 2.1% to $57.1 billion in April, on lower sales in 11 of 21 industries. Much of the decline was attributable to lower sales of transportation equipment and petroleum and coal products. |
| Thursday, July 15, 2021 | CREAstats - MLS Sales: 8:30am | June | National home sales declined by 8.4% on a month-over-month basis in June. Actual (not seasonally adjusted) activity was up 13.6% year-over-year. | Home sales recorded over Canadian MLS® Systems fell by 7.4% month-over month in May 2021, building on the 11% decline recorded in April. Activity nonetheless remains historically high, but in contrast to March’s all-time record it is now running closer to levels seen in the second half of 2020. |
| Friday, July 16, 2021 | Housing Starts: 8:15am | June | The trend in housing starts was 293,567 units in June, up from 284,837 units in May, according to Canada Mortgage and Housing Corporation. | The trend in housing starts was 280,779 units in May 2021, up slightly from 278,462 units in April 2021, according to Canada Mortgage and Housing Corporation. This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. |
| Friday, July 16, 2021 | Canada's International Transactions in Securities: 8:30am | May | Foreign investors acquired $20.8 billion in Canadian securities in May, mainly in the form of government debt securities. At the same time, Canadian investors increased their holdings of foreign securities by $10.7 billion, led by acquisitions of U.S. shares. | Canadian investment in foreign securities totalled $18.6 billion in April, mainly in purchases of US securities. Meanwhile, foreign investment in Canadian securities totalled $10.0 billion, led by acquisitions of Canadian bonds. As a result, international transactions in securities generated a net outflow of funds from the Canadian economy of $8.7 billion. |
| Friday, July 16, 2021 | Wholesale Trade: 8:30am | May | Sales of wholesale products rose 0.5% in May to $72.2 billion, setting a record high for the sector for a third consecutive month. | Sales by Canadian wholesalers rose 0.4% in April, the third increase in the last four months |
| Wednesday, July 21, 2021 | New Housing Price Index: 8:30am | June | The growth in new home prices slowed for a second month in a row, rising by 0.6% in June, the smallest increase in six months. | New home prices increased 1.4% in May nationally, with prices up in 19 of the 27 census metropolitan areas surveyed. |
| Friday, July 23, 2021 | Retail Trade: 8:30am | May | Retail sales declined 2.1% to $53.8 billion in May. | Retail sales were down 5.7% to $54.8 billion in April. |
| Wednesday, July 28, 2021 | Consumer Price Index: 8:30am | June | CPI rose 3.1% on a year-over-year basis in June, down from a 3.6% gain in May. On a seasonally adjusted monthly basis, the CPI rose 0.1% in June. | The Consumer Price Index (CPI) rose 3.6% on a year-over-year basis in May, up from a 3.4% gain in April. On a seasonally adjusted monthly basis, the CPI rose 0.4% in May. |
| Thursday, July 29, 2021 | Payroll Employment, Earnings and Hours: 8:30am | May | Payroll employment fell by 257,500 (-1.6%) in May, with much of the decline concentrated in service industries in Ontario. | The number of employees receiving pay or benefits from their employer—measured in SEPH as payroll employment—increased by 166,900 (+1.0%) in April. |
| Friday, July 30, 2021 | Raw Materials Price Index: 8:30am | June | --- | The index increased 3.2% on a monthly basis in May and was up 40.1% year over year. |
| Friday, July 30, 2021 | Industrial Product Price Index: 8:30am | June | --- | The index rose 2.7% month over month in May and was up 16.4% compared with May 2020. |
| Friday, July 30, 2021 | GDP: 8:30am | May | --- | Real gross domestic product grew for the 11th consecutive month, expanding 1.1% in March, as 18 of 20 industrial sectors were up. |
