Canadian Economic Calendar - February 2017

DateStatisticForCurrent MonthPrevious Month
Wednesday, February 01, 2017RBC Manufacturing PMI: 9:30amJanThe seasonally-adjusted Markit Canada Manufacturing Purchasing Managers’ Index registered 53.5 in January, up from 51.8 in December and above the neutral 50.0 threshold for the 11th consecutive month.The Markit Manufacturing PMI rose in December to 51.8, led by stronger new order growth, stronger than November's 51.5. The latest reading was the strongest since July and well above the survey-record low of 47.5 seen in December 2015
Tuesday, February 07, 2017Building Permits: 8:30amDecMunicipalities issued $7.2 billion worth of building permits in December, down 6.6% from November. Municipalities issued $7.8 billion worth of building permits in November, down 0.1% from the previous month.
Tuesday, February 07, 2017IVEY Purchasing Managers Index: 10:00amJanThe Ivey Purchasing Managers Index (PMI) hit 57.2 in January, down from the 60.8 figure in December, and 66 in January 2016. The seasonally adjusted index rose to 60.8, its highest level since last January, from 56.8 in November. The unadjusted index fell to 49.4 from 56.5. A reading above 50 indicates an increase in the pace of activity.
Tuesday, February 07, 2017Canadian International Merchandise Trade: 8:30amDecCanada's merchandise trade balance with the world recorded its second consecutive monthly surplus, narrowing from a revised $1.0 billion in November to $923 million in December. Exports were up 0.8% while imports increased 1.0%.Canada's merchandise trade balance with the world recorded its first trade surplus since September 2014, moving from a $1.0 billion deficit in October to a $526 million surplus in November. Exports were up 4.3%, on the strength of increased exports of metal and non-metallic mineral products as well as record exports to countries other than the United States. Imports were up 0.7%, mainly on higher imports of energy products.
Wednesday, February 08, 2017Housing Starts: 8:15amJanCanada Mortgage and Housing Corporation's trend measure of housing starts in Canada was 199,834 units in January compared to 197,881 in DecemberCanada Mortgage and Housing Corporation reported that the trend measure of housing starts in Canada was 198,053 units in December compared to 200,105 in November.
Thursday, February 09, 2017New Housing Price Index: 8:30amDecThe New Housing Price Index edged up 0.1% in December compared with the previous month, largely reflecting price increases in Ontario and Alberta.The New Housing Price Index rose 0.2% in November compared with the previous month.
Friday, February 10, 2017Labour Force Survey: 8:30amJanEmployment rose by 48,000 (+0.3%) in January, building on gains observed in the latter part of 2016. The unemployment rate fell by 0.1 percentage points to 6.8%.Employment rose by 54,000 (+0.3%) in December, the result of gains in full-time work. The unemployment rate increased 0.1 percentage points to 6.9%, as more people participated in the labour market.
Wednesday, February 15, 2017Monthly Survey of Manufacturing: 8:30amDecManufacturing sales increased for the second consecutive month, up 2.3% to $53.5 billion in December, following a revised increase of 2.3% in NovemberManufacturing sales rose 1.5% in November to $51.8 billion, following a 0.6% decline in October.
Thursday, February 16, 2017CREAstats - MLS Sales: 8:30amJanThe Canadian Real Estate Association said national home sales declined 1.3% from December 2016 to January 2017. Actual (not seasonally-adjusted) activity in January was up 1.9% from a year earlier.The number of homes trading hands via Canadian MLS® Systems rose 2.2 % month-over-month in December 2016. The rebound recovered less than half of the drop in activity from October to November
Thursday, February 16, 2017Employment Insurance: 8:30amDecIn December, 568,800 people received regular Employment Insurance benefits, down 3,200 or 0.6% from the previous month.Statistics Canada reported that in November, 574,500 people received regular Employment Insurance benefits, essentially unchanged from the previous month.
Friday, February 17, 2017Canada's International Transactions in Securities: 8:30amDecForeign investment in Canadian securities reached $10.2 billion in December, largely through acquisitions of shares. At the same time, Canadian investors increased their holdings of foreign securities by $6.7 billion, led by purchases of non-U.S. foreign shares.Canadian investors reduced their holdings of foreign securities by $7.9 billion in November, largely through sales of U.S. instruments. At the same time, foreign acquisitions of Canadian securities slowed to $7.2 billion, following a $15.8-billion investment in October.
Monday, February 20, 2017Wholesale Trade: 8:30amDec---Wholesale sales edged up 0.2% to $56.9 billion in November, a second consecutive increase.
Wednesday, February 22, 2017Retail Trade: 8:30amDec---Retail sales rose for the fourth consecutive month, edging up 0.2% to $45.2 billion in November.
Thursday, February 23, 2017Average Weekly Earnings Dec---Average weekly earnings of non-farm payroll employees were $961 in November, up 0.8% from both the previous month and November 2015.
Friday, February 24, 2017Consumer Price Index: 8:30amJan---The Consumer Price Index rose 1.5% on a year-over-year basis in December, following a 1.2% increase in November. On a seasonally adjusted monthly basis, the Consumer Price Index was up 0.3% in December, after decreasing 0.1% in November.
Tuesday, February 28, 2017Raw Materials Price Index: 8:30amJan---The Raw Materials Price Index increased 6.5%
Tuesday, February 28, 2017Industrial Product Price Index: 8:30amJan---The Industrial Product Price Index rose 0.4% in December
Thursday, March 02, 2017GDP: 8:30amDec---Real gross domestic product rose for the fifth time in six months, up 0.4% in November
  • RBC Manufacturing PMI: 9:30am

    Wednesday, February 01, 2017

    For: Jan

    Current Month:
    The seasonally-adjusted Markit Canada Manufacturing Purchasing Managers’ Index registered 53.5 in January, up from 51.8 in December and above the neutral 50.0 threshold for the 11th consecutive month.

    Previous Month:
    The Markit Manufacturing PMI rose in December to 51.8, led by stronger new order growth, stronger than November's 51.5. The latest reading was the strongest since July and well above the survey-record low of 47.5 seen in December 2015
  • Building Permits: 8:30am

    Tuesday, February 07, 2017

    For: Dec

    Current Month:
    Municipalities issued $7.2 billion worth of building permits in December, down 6.6% from November.

    Previous Month:
    Municipalities issued $7.8 billion worth of building permits in November, down 0.1% from the previous month.
  • IVEY Purchasing Managers Index: 10:00am

    Tuesday, February 07, 2017

    For: Jan

    Current Month:
    The Ivey Purchasing Managers Index (PMI) hit 57.2 in January, down from the 60.8 figure in December, and 66 in January 2016.

    Previous Month:
    The seasonally adjusted index rose to 60.8, its highest level since last January, from 56.8 in November. The unadjusted index fell to 49.4 from 56.5. A reading above 50 indicates an increase in the pace of activity.
  • Canadian International Merchandise Trade: 8:30am

    Tuesday, February 07, 2017

    For: Dec

    Current Month:
    Canada's merchandise trade balance with the world recorded its second consecutive monthly surplus, narrowing from a revised $1.0 billion in November to $923 million in December. Exports were up 0.8% while imports increased 1.0%.

    Previous Month:
    Canada's merchandise trade balance with the world recorded its first trade surplus since September 2014, moving from a $1.0 billion deficit in October to a $526 million surplus in November. Exports were up 4.3%, on the strength of increased exports of metal and non-metallic mineral products as well as record exports to countries other than the United States. Imports were up 0.7%, mainly on higher imports of energy products.
  • Housing Starts: 8:15am

    Wednesday, February 08, 2017

    For: Jan

    Current Month:
    Canada Mortgage and Housing Corporation's trend measure of housing starts in Canada was 199,834 units in January compared to 197,881 in December

    Previous Month:
    Canada Mortgage and Housing Corporation reported that the trend measure of housing starts in Canada was 198,053 units in December compared to 200,105 in November.
  • New Housing Price Index: 8:30am

    Thursday, February 09, 2017

    For: Dec

    Current Month:
    The New Housing Price Index edged up 0.1% in December compared with the previous month, largely reflecting price increases in Ontario and Alberta.

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

    Friday, February 10, 2017

    For: Jan

    Current Month:
    Employment rose by 48,000 (+0.3%) in January, building on gains observed in the latter part of 2016. The unemployment rate fell by 0.1 percentage points to 6.8%.

    Previous Month:
    Employment rose by 54,000 (+0.3%) in December, the result of gains in full-time work. The unemployment rate increased 0.1 percentage points to 6.9%, as more people participated in the labour market.
  • Monthly Survey of Manufacturing: 8:30am

    Wednesday, February 15, 2017

    For: Dec

    Current Month:
    Manufacturing sales increased for the second consecutive month, up 2.3% to $53.5 billion in December, following a revised increase of 2.3% in November

    Previous Month:
    Manufacturing sales rose 1.5% in November to $51.8 billion, following a 0.6% decline in October.
  • CREAstats - MLS Sales: 8:30am

    Thursday, February 16, 2017

    For: Jan

    Current Month:
    The Canadian Real Estate Association said national home sales declined 1.3% from December 2016 to January 2017. Actual (not seasonally-adjusted) activity in January was up 1.9% from a year earlier.

    Previous Month:
    The number of homes trading hands via Canadian MLS® Systems rose 2.2 % month-over-month in December 2016. The rebound recovered less than half of the drop in activity from October to November
  • Employment Insurance: 8:30am

    Thursday, February 16, 2017

    For: Dec

    Current Month:
    In December, 568,800 people received regular Employment Insurance benefits, down 3,200 or 0.6% from the previous month.

    Previous Month:
    Statistics Canada reported that in November, 574,500 people received regular Employment Insurance benefits, essentially unchanged from the previous month.
  • Canada's International Transactions in Securities: 8:30am

    Friday, February 17, 2017

    For: Dec

    Current Month:
    Foreign investment in Canadian securities reached $10.2 billion in December, largely through acquisitions of shares. At the same time, Canadian investors increased their holdings of foreign securities by $6.7 billion, led by purchases of non-U.S. foreign shares.

    Previous Month:
    Canadian investors reduced their holdings of foreign securities by $7.9 billion in November, largely through sales of U.S. instruments. At the same time, foreign acquisitions of Canadian securities slowed to $7.2 billion, following a $15.8-billion investment in October.
  • Wholesale Trade: 8:30am

    Monday, February 20, 2017

    For: Dec

    Current Month:
    ---

    Previous Month:
    Wholesale sales edged up 0.2% to $56.9 billion in November, a second consecutive increase.
  • Retail Trade: 8:30am

    Wednesday, February 22, 2017

    For: Dec

    Current Month:
    ---

    Previous Month:
    Retail sales rose for the fourth consecutive month, edging up 0.2% to $45.2 billion in November.
  • Average Weekly Earnings

    Thursday, February 23, 2017

    For: Dec

    Current Month:
    ---

    Previous Month:
    Average weekly earnings of non-farm payroll employees were $961 in November, up 0.8% from both the previous month and November 2015.
  • Consumer Price Index: 8:30am

    Friday, February 24, 2017

    For: Jan

    Current Month:
    ---

    Previous Month:
    The Consumer Price Index rose 1.5% on a year-over-year basis in December, following a 1.2% increase in November. On a seasonally adjusted monthly basis, the Consumer Price Index was up 0.3% in December, after decreasing 0.1% in November.
  • Raw Materials Price Index: 8:30am

    Tuesday, February 28, 2017

    For: Jan

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index increased 6.5%
  • Industrial Product Price Index: 8:30am

    Tuesday, February 28, 2017

    For: Jan

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index rose 0.4% in December
  • GDP: 8:30am

    Thursday, March 02, 2017

    For: Dec

    Current Month:
    ---

    Previous Month:
    Real gross domestic product rose for the fifth time in six months, up 0.4% in November