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Global Economic Calendar


Canadian Economic Calendar - September 2025

DateStatisticForCurrent MonthPrevious Month
Monday, September 1, 2025Markit Canada Manufacturing PMI 9:30 a.m. AugThe S&P Global Canada Manufacturing PMI rose to 48.3 in August 2025 from 46.1 in the previous month, but continued to reflect a contraction in the Canadian private-sector factory activity.Manufacturing PMI in Canada increased to 46.10 points in July from 45.60 points in June. Manufacturing PMI in Canada averaged 52.11 points from 2011 until 2025, reaching an all time high of 58.90 points in March of 2022 and a record low of 33 points in April of 2020.
Thursday, September 4, 2025Canadian International Merchandise Trade: 8:30amJulyIn July, Canada's merchandise exports rose 0.9%, while imports were down 0.7%. As a result, Canada's merchandise trade deficit with the world narrowed from $6.0 billion in June to $4.9 billion in July.In June, Canada's merchandise imports were up 1.4%, while exports increased 0.9%. As a result, Canada's merchandise trade deficit with the world widened from $5.5 billion in May to $5.9 billion in June.
Friday, September 5, 2025IVEY Purchasing Managers Index: 10:00amAugThe index collapsed to 50.1 in August, from 55.8 in July but much higher than the 48.2 reading for August 2024.The index registered at 55.8 in July, up from 53.3 in June but significantly below the 57.6 level in July 2024.
Friday, September 5, 2025Labour Force Survey: 8:30amAugEmployment declined by 66,000 (-0.3%) in August, largely the result of a decline in part-time work, and the employment rate fell 0.2 percentage points to 60.5%. The unemployment rate rose 0.2 percentage points to 7.1%.Employment fell by 41,000 (-0.2%) in July and the employment rate declined 0.2 percentage points to 60.7%. The unemployment rate was unchanged at 6.9%.
Friday, September 12, 2025Building Permits: 8:30amJulyIn July, the total value of building permits issued in Canada edged down $10.8 million (-0.1%) to $11.9 billion.In June, the total value of building permits issued in Canada decreased by $1.2 billion (-9.0%) to $12.0 billion.
Monday, September 15, 2025Monthly Survey of Manufacturing: 8:30amJulyManufacturing sales increased 2.5% in July, driven primarily by higher sales in the transportation equipment, petroleum and coal product, and primary metal subsectors.Manufacturing sales rose by 0.3% in June, driven by higher sales of petroleum and coal as well as food products. Meanwhile, the transportation equipment subsector posted the largest decline.
Monday, September 15, 2025CREAstats - MLS Sales: 8:30amAugThe number of home sales recorded over Canadian MLS® Systems edged up 1.1% on a month-over-month basis in August 2025. It was the best month of August for sales since 2021, and the fifth straight monthly increase in activity, making for a cumulative 12.5% since March.home sales across Canada rose 6.6% in July from a year earlier, according to the Canadian Real Estate Association. Home sales rose 3.8% on a month-over-month basis from June, with transactions up a cumulative 11.2% since March of this year.
Monday, September 15, 2025Wholesale Trade: 8:30amJulyThere were 179,814 new motor vehicles sold in Canada in July 2025, increasing 6.8% from July 2024. Sales in dollar terms were up 4.7% over the same period. Gains were observed in both the passenger cars (+11.1%) and trucks (+6.2%) subsegments.Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 0.7% to $84.7 billion in June.
Monday, September 15, 2025New Motor Vehicle Sales: 7:30amJulyThere were 179,814 new motor vehicles sold in Canada in July 2025, increasing 6.8% from July 2024. Sales in dollar terms were up 4.7% over the same period. Gains were observed in both the passenger cars (+11.1%) and trucks (+6.2%) subsegments.There were 177,313 new motor vehicles sold in Canada in June, increasing 6.2% from June 2024.
Tuesday, September 16, 2025Consumer Price Index: 8:30amAugThe Consumer Price Index (CPI) rose 1.9% year over year in August, up from a 1.7% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.2% in August.The Consumer Price Index (CPI) rose 1.7% year over year in July, down from a 1.9% increase in June. On a seasonally adjusted monthly basis, the CPI rose 0.1% in July.
Tuesday, September 16, 2025Housing Starts: 8:15amAugThe six-month trend in housing starts increased (1.6%) in August (267,259 units), according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada.The six-month trend in housing starts increased (3.7%) in July (263,088 units), according to Canada Mortgage and Housing Corporation.
Wednesday, September 17, 2025Canada's International Transactions in Securities: 8:30amJulyForeign investors acquired $26.7 billion of Canadian securities in July, led by purchases of federal government debt instruments and equity securities. Meanwhile, Canadian investors added $17.4 billion of foreign securities to their portfolio, including a record investment in foreign bonds.Foreign investors added $709 million of Canadian securities to their holdings in June, the first investment since January. Meanwhile, Canadian investors acquired $9.0 billion of foreign securities, led by purchases of US shares and non-US bonds.
Wednesday, September 17, 2025BoC Interest Rate Decision: 9:45amSeptThe Bank of Canada reduced its benchmark interest rate by 25 basis points on Wednesday, a move observers had almost universally expected amid various signs of economic weakness.The Bank of Canada held interest rates at 2.75% in July.
Friday, September 19, 2025Retail Trade: 8:30amJulyRetail sales decreased 0.8% to $69.6 billion in July. Sales were down in eight of nine subsectors and were led by decreases at food and beverage retailers.Retail sales increased 1.5% to $70.2 billion in June. Sales were up in all nine subsectors and were led by increases at food and beverage retailers.
Monday, September 22, 2025Industrial Product Price Index: 8:30amAugIn August, the Industrial Product Price Index increased 0.5% month over month and gained 4.0% year over year.The index rose 0.7% month over month in July and increased 2.6% year over year.
Monday, September 22, 2025Raw Materials Price Index: 8:30amAugThe index declined 0.6% month over month and rose 3.2% year over year.The Raw Materials Price Index increased 0.3% month over month in July and grew 0.8% year over year.
Tuesday, September 23, 2025New Housing Price Index: 8:30amAugStatistics Canada’s housing price index decreased 0.3% in August, compared to a loss of 0.1% in the month before. Statistics Canada’s July housing price index decreased 0.1%, compared to a loss of 0.2% in the month before.
Thursday, September 25, 2025Payroll Employment, Earnings and Hours: 8:30amJuly---The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—decreased by 32,900 (-0.2%) in June, following an increase of 18,500 (+0.1%) in May. On a year-over-year basis, payroll employment was up 41,000 (+0.2%) in June.
Friday, September 26, 2025GDP: 8:30amJuly---Real gross domestic product edged down 0.1% in June, contracting for a third consecutive month.
  • Markit Canada Manufacturing PMI 9:30 a.m.

    Monday, September 1, 2025

    For: Aug

    Current Month:
    The S&P Global Canada Manufacturing PMI rose to 48.3 in August 2025 from 46.1 in the previous month, but continued to reflect a contraction in the Canadian private-sector factory activity.

    Previous Month:
    Manufacturing PMI in Canada increased to 46.10 points in July from 45.60 points in June. Manufacturing PMI in Canada averaged 52.11 points from 2011 until 2025, reaching an all time high of 58.90 points in March of 2022 and a record low of 33 points in April of 2020.
  • Canadian International Merchandise Trade: 8:30am

    Thursday, September 4, 2025

    For: July

    Current Month:
    In July, Canada's merchandise exports rose 0.9%, while imports were down 0.7%. As a result, Canada's merchandise trade deficit with the world narrowed from $6.0 billion in June to $4.9 billion in July.

    Previous Month:
    In June, Canada's merchandise imports were up 1.4%, while exports increased 0.9%. As a result, Canada's merchandise trade deficit with the world widened from $5.5 billion in May to $5.9 billion in June.
  • IVEY Purchasing Managers Index: 10:00am

    Friday, September 5, 2025

    For: Aug

    Current Month:
    The index collapsed to 50.1 in August, from 55.8 in July but much higher than the 48.2 reading for August 2024.

    Previous Month:
    The index registered at 55.8 in July, up from 53.3 in June but significantly below the 57.6 level in July 2024.
  • Labour Force Survey: 8:30am

    Friday, September 5, 2025

    For: Aug

    Current Month:
    Employment declined by 66,000 (-0.3%) in August, largely the result of a decline in part-time work, and the employment rate fell 0.2 percentage points to 60.5%. The unemployment rate rose 0.2 percentage points to 7.1%.

    Previous Month:
    Employment fell by 41,000 (-0.2%) in July and the employment rate declined 0.2 percentage points to 60.7%. The unemployment rate was unchanged at 6.9%.
  • Building Permits: 8:30am

    Friday, September 12, 2025

    For: July

    Current Month:
    In July, the total value of building permits issued in Canada edged down $10.8 million (-0.1%) to $11.9 billion.

    Previous Month:
    In June, the total value of building permits issued in Canada decreased by $1.2 billion (-9.0%) to $12.0 billion.
  • Monthly Survey of Manufacturing: 8:30am

    Monday, September 15, 2025

    For: July

    Current Month:
    Manufacturing sales increased 2.5% in July, driven primarily by higher sales in the transportation equipment, petroleum and coal product, and primary metal subsectors.

    Previous Month:
    Manufacturing sales rose by 0.3% in June, driven by higher sales of petroleum and coal as well as food products. Meanwhile, the transportation equipment subsector posted the largest decline.
  • CREAstats - MLS Sales: 8:30am

    Monday, September 15, 2025

    For: Aug

    Current Month:
    The number of home sales recorded over Canadian MLS® Systems edged up 1.1% on a month-over-month basis in August 2025. It was the best month of August for sales since 2021, and the fifth straight monthly increase in activity, making for a cumulative 12.5% since March.

    Previous Month:
    home sales across Canada rose 6.6% in July from a year earlier, according to the Canadian Real Estate Association. Home sales rose 3.8% on a month-over-month basis from June, with transactions up a cumulative 11.2% since March of this year.
  • Wholesale Trade: 8:30am

    Monday, September 15, 2025

    For: July

    Current Month:
    There were 179,814 new motor vehicles sold in Canada in July 2025, increasing 6.8% from July 2024. Sales in dollar terms were up 4.7% over the same period. Gains were observed in both the passenger cars (+11.1%) and trucks (+6.2%) subsegments.

    Previous Month:
    Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 0.7% to $84.7 billion in June.
  • New Motor Vehicle Sales: 7:30am

    Monday, September 15, 2025

    For: July

    Current Month:
    There were 179,814 new motor vehicles sold in Canada in July 2025, increasing 6.8% from July 2024. Sales in dollar terms were up 4.7% over the same period. Gains were observed in both the passenger cars (+11.1%) and trucks (+6.2%) subsegments.

    Previous Month:
    There were 177,313 new motor vehicles sold in Canada in June, increasing 6.2% from June 2024.
  • Consumer Price Index: 8:30am

    Tuesday, September 16, 2025

    For: Aug

    Current Month:
    The Consumer Price Index (CPI) rose 1.9% year over year in August, up from a 1.7% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.2% in August.

    Previous Month:
    The Consumer Price Index (CPI) rose 1.7% year over year in July, down from a 1.9% increase in June. On a seasonally adjusted monthly basis, the CPI rose 0.1% in July.
  • Housing Starts: 8:15am

    Tuesday, September 16, 2025

    For: Aug

    Current Month:
    The six-month trend in housing starts increased (1.6%) in August (267,259 units), according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada.

    Previous Month:
    The six-month trend in housing starts increased (3.7%) in July (263,088 units), according to Canada Mortgage and Housing Corporation.
  • Canada's International Transactions in Securities: 8:30am

    Wednesday, September 17, 2025

    For: July

    Current Month:
    Foreign investors acquired $26.7 billion of Canadian securities in July, led by purchases of federal government debt instruments and equity securities. Meanwhile, Canadian investors added $17.4 billion of foreign securities to their portfolio, including a record investment in foreign bonds.

    Previous Month:
    Foreign investors added $709 million of Canadian securities to their holdings in June, the first investment since January. Meanwhile, Canadian investors acquired $9.0 billion of foreign securities, led by purchases of US shares and non-US bonds.
  • BoC Interest Rate Decision: 9:45am

    Wednesday, September 17, 2025

    For: Sept

    Current Month:
    The Bank of Canada reduced its benchmark interest rate by 25 basis points on Wednesday, a move observers had almost universally expected amid various signs of economic weakness.

    Previous Month:
    The Bank of Canada held interest rates at 2.75% in July.
  • Retail Trade: 8:30am

    Friday, September 19, 2025

    For: July

    Current Month:
    Retail sales decreased 0.8% to $69.6 billion in July. Sales were down in eight of nine subsectors and were led by decreases at food and beverage retailers.

    Previous Month:
    Retail sales increased 1.5% to $70.2 billion in June. Sales were up in all nine subsectors and were led by increases at food and beverage retailers.
  • Industrial Product Price Index: 8:30am

    Monday, September 22, 2025

    For: Aug

    Current Month:
    In August, the Industrial Product Price Index increased 0.5% month over month and gained 4.0% year over year.

    Previous Month:
    The index rose 0.7% month over month in July and increased 2.6% year over year.
  • Raw Materials Price Index: 8:30am

    Monday, September 22, 2025

    For: Aug

    Current Month:
    The index declined 0.6% month over month and rose 3.2% year over year.

    Previous Month:
    The Raw Materials Price Index increased 0.3% month over month in July and grew 0.8% year over year.
  • New Housing Price Index: 8:30am

    Tuesday, September 23, 2025

    For: Aug

    Current Month:
    Statistics Canada’s housing price index decreased 0.3% in August, compared to a loss of 0.1% in the month before.

    Previous Month:
    Statistics Canada’s July housing price index decreased 0.1%, compared to a loss of 0.2% in the month before.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, September 25, 2025

    For: July

    Current Month:
    ---

    Previous Month:
    The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—decreased by 32,900 (-0.2%) in June, following an increase of 18,500 (+0.1%) in May. On a year-over-year basis, payroll employment was up 41,000 (+0.2%) in June.
  • GDP: 8:30am

    Friday, September 26, 2025

    For: July

    Current Month:
    ---

    Previous Month:
    Real gross domestic product edged down 0.1% in June, contracting for a third consecutive month.