Date | Statistic | For | Current Month | Previous Month |
Tuesday, August 2, 2022 | Markit Canada Manufacturing PMI 9:30 a.m. | July | The S&P Global Canada Manufacturing PMI fell to 52.5 in July of 2022 from 54.6 in the previous month. | The index registered 54.6 in June, down from 56.8 in May, a 17-month low. |
Thursday, August 4, 2022 | Building Permits: 8:30am | June | The total value of building permits in Canada declined 1.5% in June to $11.9 billion, mainly due to the non-residential sector, which dropped 10.4% to $3.7 billion, after posting its second highest monthly value. | The total value of building permits in Canada rose 2.3% in May to $12.1 billion. The non-residential sector increased 7.0% to $4.3 billion, while the residential sector edged down 0.1% to $7.8 billion. |
Thursday, August 4, 2022 | Canadian International Merchandise Trade: 8:30am | June | In June, Canada's merchandise exports increased 2.0%, mostly on crude oil and gold exports. Meanwhile, imports rose 1.7%, mainly on energy products. As a result, Canada's merchandise trade surplus with the world widened from $4.8 billion in May to $5.0 billion in June. | In May, Canada's merchandise exports rose 4.1%, a fifth consecutive monthly increase. Meanwhile, imports decreased 0.7%. As a result, Canada's merchandise trade surplus with the world widened from $2.2 billion in April to $5.3 billion in May, the largest trade surplus since August 2008. |
Friday, August 5, 2022 | Labour Force Survey: 8:30am | July | Employment was little changed (-31,000) in July, and the unemployment rate was unchanged at 4.9%. | Employment fell by 43,000 (-0.2%) in June. The unemployment rate fell 0.2 percentage points to a new record low of 4.9%, as fewer people searched for work. |
Friday, August 5, 2022 | IVEY Purchasing Managers Index: 10:00am | July | The index dwindled to 49.6 in July, way below June's 62.2, and below the 56.4 figure for July 2021 | The index shrank to 62.2 in June, a far cry from May's 72, and far below the 71.9 figure in June 2021. |
Monday, August 15, 2022 | Wholesale Trade: 8:30am | June | In June, wholesale sales rose 0.1% to $80.7 billion. This growth was attributable to increases in the miscellaneous goods and motor vehicle and motor vehicle an motor vehicle parts and accessories subsectors. | Wholesale sales rose 1.6% in May to $81.1 billion. This growth was predominantly due to higher sales in the food, beverage and tobacco subsector and the machinery, equipment and supplies subsector. |
Monday, August 15, 2022 | CREAstats - MLS Sales: 8:30am | July | National home sales fell by 5.3% on a month-over-month basis in July. | Home sales recorded over Canadian MLS Systems fell by 5.6% between May and June. |
Monday, August 15, 2022 | Monthly Survey of Manufacturing: 8:30am | June | Manufacturing sales fell 0.8% in June, mainly on lower sales of petroleum and coal products and of wood products. Excluding the petroleum and coal product industry, sales rose 0.5% in June. | Manufacturing sales fell 2.0% in May, mainly on lower sales of motor vehicles and primary metals. |
Tuesday, August 16, 2022 | Consumer Price Index: 8:30am | July | The Consumer Price Index (CPI) rose 7.6% on a year-over-year basis in July, down from an 8.1% gain in June. On a seasonally adjusted monthly basis, the CPI increased 0.3% in July. | The Consumer Price Index (CPI) rose 8.1% on a year-over-year basis in June, up from a 7.7% gain in May. On a seasonally adjusted monthly basis, the CPI increased 0.6% in June. |
Tuesday, August 16, 2022 | Canada's International Transactions in Securities: 8:30am | June | Foreign investors reduced their holdings of Canadian securities by $17.5 billion in June, the largest divestment since December 2018. At the same time, Canadian investors reduced their holdings of foreign securities by $12.3 billion, following a small investment in May. | Cross-border transactions in Canadian and foreign securities slowed considerably in May. Foreign investors acquired $2.3 billion of Canadian securities, the lowest investment since January 2021. Meanwhile, Canadian investors added $573 million of foreign securities to their holdings, after a record-high $29.2 billion investment in April 2022. |
Wednesday, August 17, 2022 | Housing Starts: 8:15am | July | Canada Mortgage and Housing Corporation said the seasonally-adjusted annual rate of housing starts was 275,329 units, an increase of 1.1% from June. | Housing starts in Canada fell 3 percent over a month earlier to 273,841 units in June of 2022, but well above market expectations of 265,000 units, according to the Canada Mortgage and Housing Corporation (CHMC). |
Thursday, August 18, 2022 | Industrial Product Price Index: 8:30am | July | The Industrial Product Price Index declined 2.1% month over month in July and increased 11.9% year over year | The Industrial Product Price Index declined by 1.1% month over month in June and by 14.3% compared with June 2021 |
Thursday, August 18, 2022 | Raw Materials Price Index: 8:30am | July | The Raw Materials Price index fell 7.4% month over month in July and was 19.1% higher compared with July 2021. | The Raw Materials Price Index edged down 0.1% on a monthly basis in June and increased 32.4% year over year. |
Friday, August 19, 2022 | Retail Trade: 8:30am | June | Retail sales increased 1.1% to $63.1 billion in June, the sixth consecutive increase. | Retail sales increased 2.2% to $62.2 billion in May |
Monday, August 22, 2022 | New Housing Price Index: 8:30am | July | --- | New home prices for Canada were up 0.2% in June compared with May. |
Thursday, August 25, 2022 | Payroll Employment, Earnings and Hours: 8:30am | June | --- | The number of employees receiving pay or benefits from their employer—measured by the Survey of Employment, Payrolls and Hours as payroll employment—decreased by 26,100 (-0.1%) in May, the first decline since May 2021 |
Wednesday, August 31, 2022 | GDP: 8:30am | June | --- | Real gross domestic product was essentially unchanged in May as growth in services-producing industries was offset by declines in goods-producing industries. |
Wednesday, September 7, 2022 | BoC Interest Rate Decision: 10:00am | Sept | --- | The Bank of Canada today increased its target for the overnight rate to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.5%. |