Canadian Economic Calendar - June 2017

DateStatisticForCurrent MonthPrevious Month
Thursday, June 01, 2017Markit Canada Manufacturing PMI: 9:30amMayThe seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index posted 55.1 in May, down only slightly from April’s six-year peak of 55.9. As a result, the average reading for the second quarter of 2017 so far (55.5) points to the strongest improvement in business conditions since Q1 2011. The headline index has registered above the 50.0 no-change value in each month since March 2016.At 55.9 in April, up from 55.5 in March, the seasonally-adjusted Manufacturing Purchasing Managers’ Index registered above the 50.0 no-change threshold for the 14th month running.
Friday, June 02, 2017Canadian International Merchandise Trade: 8:30amAprilCanada's merchandise trade balance with the world narrowed to a $370 million deficit in April. Exports rose 1.8% while imports were up 0.6%.Canada's merchandise trade balance with the world posted a $135-million deficit in March. Exports rose 3.8% while imports were up 1.7%.
Tuesday, June 06, 2017IVEY Purchasing Managers Index: 10:00amMayThe index shrank to 53.4 in May, compared to 62.4 in April and 49.4 in May 2016The index jumped in April to 62.4, compared to 61.1 in March and 53.1 in April 2016
Wednesday, June 07, 2017Building Permits: 8:30amAprilCanadian municipalities issued $7.1 billion worth of building permits in April, down 0.2% from March, a third consecutive monthly decreasedThe value of building permits issued by Canadian municipalities fell 5.8% to $7.0 billion in March, marking a second consecutive monthly decrease.
Thursday, June 08, 2017Housing Starts: 8:15amMayThe trend in housing starts was 214,621 units in May, compared to 213,435 units in AprilCanada Mortgage and Housing Corporation reported that housing starts trended higher at 213,768 units in April, compared to 210,702 units in March
Thursday, June 08, 2017New Housing Price Index: 8:30amAprilBuyers of new homes in Canada saw prices rise 0.8% in April, the largest monthly increase since May 2016. The New Housing Price Index rose 0.2% in March compared with the previous month.
Friday, June 09, 2017Labour Force Survey: 8:30amMayEmployment rose by 55,000 in May, spurred by an increase in full-time work (+77,000). At the same time, the unemployment rate rose by 0.1 percentage points to 6.6%, the result of more people participating in the labour market. Employment was little changed in April, while the unemployment rate declined 0.2 percentage points to 6.5%, the lowest rate since October 2008.
Thursday, June 15, 2017Monthly Survey of Manufacturing: 8:30amAprilManufacturing sales rose 1.1% to a record high $54.4 billion in April, mainly due to higher sales in the petroleum and coal product, and primary metal industries.Manufacturing sales increased 1.0% to a record $53.9 billion in March, reflecting higher sales in the transportation equipment and food industries.
Thursday, June 15, 2017CREAstats - MLS Sales: 8:30amMayThe Canadian Real Estate Association said resales of Canadian homes dropped 6.2% in May from April as Toronto sales plunged 25.3%. CREA said new housing policy changes sideswiped demand and new listings rose againThe Canadian Real Estate Association reported that resales of Canadian homes fell 1.7% in April from record highs in March as new listings spiked. CREA said actual sales, not seasonally-adjusted, were down 7.5% from April 2016, while home prices were up 19.8% from a year ago, according to the group's home price index.
Friday, June 16, 2017Canada's International Transactions in Securities: 8:30amAprilForeign investment in Canadian securities totaled $10.6 billion in April, mainly acquisitions of government debt instruments. At the same time, Canadian investors reduced their holdings of foreign securities by $9.9 billion, the largest divestment since January 2016.Foreign investment in Canadian securities amounted to $15.1 billion in March, largely in Canadian corporate instruments. At the same time, Canadian investors added $15.4 billion of foreign securities to their holdings, led by acquisitions of U.S. equities.
Tuesday, June 20, 2017Wholesale Trade: 8:30amAprilWholesale sales increased 1.0% to $61.0 billion in April, a seventh consecutive monthly advance. Wholesale sales rose 0.9% in March and surpassed the $60-billion mark for the first time.
Thursday, June 22, 2017Employment Insurance: 8:30amAprilThe number of regular Employment Insurance beneficiaries fell by 7,000, or 1.3%, to 541,200 in April, a sixth consecutive monthly decline.In March, 551,100 people received regular Employment Insurance benefits, down 2,900 or 0.5% from February.
Thursday, June 22, 2017Retail Trade: 8:30amAprilRetail sales rose 0.8% to $48.6 billion in April. Sales were up in nine of 11 sub-sectors, representing 71% of total retail tradeFollowing a 0.4% decline in February, retail sales rose 0.7% in March to $48.3 billion, on the strength of higher sales at motor vehicle and parts dealers. Sales were up in six of 11 sub-sectors, representing 53% of total retail trade.
Friday, June 23, 2017Consumer Price Index: 8:30amMay---The Consumer Price Index rose 1.6% on a year-over-year basis in April, matching the increase in March. On a seasonally adjusted monthly basis, CPI was up 0.5% in April, after decreasing 0.2% in March.
Thursday, June 29, 2017Average Weekly Earnings April---Average weekly earnings of non-farm payroll employees were $966 in March, little changed from February and up 0.9% from March 2016.
Friday, June 30, 2017Raw Materials Price Index: 8:30amMay---The Raw Materials Price Index increased 1.6% in April, mainly as a result of higher prices for crude energy products.
Friday, June 30, 2017Industrial Product Price Index: 8:30amMay---The Industrial Product Price Index rose 0.6% in April, mainly due to higher prices for energy and petroleum products.
Friday, June 30, 2017GDP: 8:30amApril---Real gross domestic product increased 0.5% in March, following no change in February.
  • Markit Canada Manufacturing PMI: 9:30am

    Thursday, June 01, 2017

    For: May

    Current Month:
    The seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index posted 55.1 in May, down only slightly from April’s six-year peak of 55.9. As a result, the average reading for the second quarter of 2017 so far (55.5) points to the strongest improvement in business conditions since Q1 2011. The headline index has registered above the 50.0 no-change value in each month since March 2016.

    Previous Month:
    At 55.9 in April, up from 55.5 in March, the seasonally-adjusted Manufacturing Purchasing Managers’ Index registered above the 50.0 no-change threshold for the 14th month running.
  • Canadian International Merchandise Trade: 8:30am

    Friday, June 02, 2017

    For: April

    Current Month:
    Canada's merchandise trade balance with the world narrowed to a $370 million deficit in April. Exports rose 1.8% while imports were up 0.6%.

    Previous Month:
    Canada's merchandise trade balance with the world posted a $135-million deficit in March. Exports rose 3.8% while imports were up 1.7%.
  • IVEY Purchasing Managers Index: 10:00am

    Tuesday, June 06, 2017

    For: May

    Current Month:
    The index shrank to 53.4 in May, compared to 62.4 in April and 49.4 in May 2016

    Previous Month:
    The index jumped in April to 62.4, compared to 61.1 in March and 53.1 in April 2016
  • Building Permits: 8:30am

    Wednesday, June 07, 2017

    For: April

    Current Month:
    Canadian municipalities issued $7.1 billion worth of building permits in April, down 0.2% from March, a third consecutive monthly decreased

    Previous Month:
    The value of building permits issued by Canadian municipalities fell 5.8% to $7.0 billion in March, marking a second consecutive monthly decrease.
  • Housing Starts: 8:15am

    Thursday, June 08, 2017

    For: May

    Current Month:
    The trend in housing starts was 214,621 units in May, compared to 213,435 units in April

    Previous Month:
    Canada Mortgage and Housing Corporation reported that housing starts trended higher at 213,768 units in April, compared to 210,702 units in March
  • New Housing Price Index: 8:30am

    Thursday, June 08, 2017

    For: April

    Current Month:
    Buyers of new homes in Canada saw prices rise 0.8% in April, the largest monthly increase since May 2016.

    Previous Month:
    The New Housing Price Index rose 0.2% in March compared with the previous month.
  • Labour Force Survey: 8:30am

    Friday, June 09, 2017

    For: May

    Current Month:
    Employment rose by 55,000 in May, spurred by an increase in full-time work (+77,000). At the same time, the unemployment rate rose by 0.1 percentage points to 6.6%, the result of more people participating in the labour market.

    Previous Month:
    Employment was little changed in April, while the unemployment rate declined 0.2 percentage points to 6.5%, the lowest rate since October 2008.
  • Monthly Survey of Manufacturing: 8:30am

    Thursday, June 15, 2017

    For: April

    Current Month:
    Manufacturing sales rose 1.1% to a record high $54.4 billion in April, mainly due to higher sales in the petroleum and coal product, and primary metal industries.

    Previous Month:
    Manufacturing sales increased 1.0% to a record $53.9 billion in March, reflecting higher sales in the transportation equipment and food industries.
  • CREAstats - MLS Sales: 8:30am

    Thursday, June 15, 2017

    For: May

    Current Month:
    The Canadian Real Estate Association said resales of Canadian homes dropped 6.2% in May from April as Toronto sales plunged 25.3%. CREA said new housing policy changes sideswiped demand and new listings rose again

    Previous Month:
    The Canadian Real Estate Association reported that resales of Canadian homes fell 1.7% in April from record highs in March as new listings spiked. CREA said actual sales, not seasonally-adjusted, were down 7.5% from April 2016, while home prices were up 19.8% from a year ago, according to the group's home price index.
  • Canada's International Transactions in Securities: 8:30am

    Friday, June 16, 2017

    For: April

    Current Month:
    Foreign investment in Canadian securities totaled $10.6 billion in April, mainly acquisitions of government debt instruments. At the same time, Canadian investors reduced their holdings of foreign securities by $9.9 billion, the largest divestment since January 2016.

    Previous Month:
    Foreign investment in Canadian securities amounted to $15.1 billion in March, largely in Canadian corporate instruments. At the same time, Canadian investors added $15.4 billion of foreign securities to their holdings, led by acquisitions of U.S. equities.
  • Wholesale Trade: 8:30am

    Tuesday, June 20, 2017

    For: April

    Current Month:
    Wholesale sales increased 1.0% to $61.0 billion in April, a seventh consecutive monthly advance.

    Previous Month:
    Wholesale sales rose 0.9% in March and surpassed the $60-billion mark for the first time.
  • Employment Insurance: 8:30am

    Thursday, June 22, 2017

    For: April

    Current Month:
    The number of regular Employment Insurance beneficiaries fell by 7,000, or 1.3%, to 541,200 in April, a sixth consecutive monthly decline.

    Previous Month:
    In March, 551,100 people received regular Employment Insurance benefits, down 2,900 or 0.5% from February.
  • Retail Trade: 8:30am

    Thursday, June 22, 2017

    For: April

    Current Month:
    Retail sales rose 0.8% to $48.6 billion in April. Sales were up in nine of 11 sub-sectors, representing 71% of total retail trade

    Previous Month:
    Following a 0.4% decline in February, retail sales rose 0.7% in March to $48.3 billion, on the strength of higher sales at motor vehicle and parts dealers. Sales were up in six of 11 sub-sectors, representing 53% of total retail trade.
  • Consumer Price Index: 8:30am

    Friday, June 23, 2017

    For: May

    Current Month:
    ---

    Previous Month:
    The Consumer Price Index rose 1.6% on a year-over-year basis in April, matching the increase in March. On a seasonally adjusted monthly basis, CPI was up 0.5% in April, after decreasing 0.2% in March.
  • Average Weekly Earnings

    Thursday, June 29, 2017

    For: April

    Current Month:
    ---

    Previous Month:
    Average weekly earnings of non-farm payroll employees were $966 in March, little changed from February and up 0.9% from March 2016.
  • Raw Materials Price Index: 8:30am

    Friday, June 30, 2017

    For: May

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index increased 1.6% in April, mainly as a result of higher prices for crude energy products.
  • Industrial Product Price Index: 8:30am

    Friday, June 30, 2017

    For: May

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index rose 0.6% in April, mainly due to higher prices for energy and petroleum products.
  • GDP: 8:30am

    Friday, June 30, 2017

    For: April

    Current Month:
    ---

    Previous Month:
    Real gross domestic product increased 0.5% in March, following no change in February.