Date | Statistic | For | Current Month | Previous Month |
Wednesday, March 1, 2023 | Markit Canada Manufacturing PMI 9:30 a.m. | Feb | The index recorded 52.4 in February. That was up from 51.0 in January | The seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index recorded 51.0 in January, up from 49.2 at the end of 2022. |
Friday, March 3, 2023 | Building Permits: 8:30am | Jan | The monthly total value of building permits in Canada decreased 4.0% in January to $9.8 billion. | The monthly total seasonally adjusted value of building permits in Canada decreased 7.3% in December to $10.3 billion. |
Monday, March 6, 2023 | IVEY Purchasing Managers Index: 10:00am | Feb | The index subsided to 51.6 in February from January's 60.1, and much lower than the 63.6 level in February 2022. | The index climbed last month to 60.1 from December's 49.3, and a reading of 64.9 in January 2022. |
Wednesday, March 8, 2023 | BoC Interest Rate Decision: 10:00am | Mar | The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at 4.5%. The Bank is also continuing its policy of quantitative tightening. | The Bank of Canada today increased its target for the overnight rate to 4.5%, with the Bank Rate at 4.5% and the deposit rate at 4.5%. |
Wednesday, March 8, 2023 | Canadian International Merchandise Trade: 8:30am | Jan | In January, Canada's merchandise exports increased 4.2%, while imports were up 3.1%. As a result, Canada's merchandise trade surplus with the world widened from a revised $1.2 billion in December 2022 to $1.9 billion in January 2023. | In December, Canada's merchandise exports decreased 1.2%, while imports were down 1.3%. As a result, Canada's merchandise trade deficit with the world narrowed from $219 million in November to $160 million in December. |
Friday, March 10, 2023 | Labour Force Survey: 8:30am | Feb | Employment held steady in February (+22,000; +0.1%), and the unemployment rate was unchanged at 5.0%. | Employment increased by 150,000 (+0.8%) in January, and the unemployment rate held steady at 5.0%. |
Tuesday, March 14, 2023 | Monthly Survey of Manufacturing: 8:30am | Jan | Manufacturing sales increased 4.1% in January, primarily on higher sales in the petroleum and coal product, motor vehicle and food industries. | Manufacturing sales fell 1.5% in December, mainly on lower sales of petroleum and coal product, wood product and food industries. |
Wednesday, March 15, 2023 | CREAstats - MLS Sales: 8:30am | Feb | National home sales rose 2.3% month-over-month in February. Actual (not seasonally adjusted) monthly activity came in 40% below February 2022. The number of newly listed properties dropped 7.9% month-over-month. | National home sales declined 3% month-over-month in January. Actual (not seasonally adjusted) monthly activity came in 37.1% below January 2022. |
Wednesday, March 15, 2023 | Housing Starts: 8:15am | Feb | The trend in housing starts was 255,735 units in February 2023, down from 259,830 units in January. | The standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada declined 13% in January (215,365 units) compared to December (248,296 units). |
Thursday, March 16, 2023 | Wholesale Trade: 8:30am | Jan | Wholesale sales rose 2.4% to $84.2 billion in January. | Wholesale sales fell 0.8% to $82.2 billion in December. Declines in the machinery, equipment and supplies subsector and the miscellaneous goods subsector led the losses. |
Friday, March 17, 2023 | Raw Materials Price Index: 8:30am | Feb | The RMPI decreased 0.4% in February and fell 5.2% compared with the same month in 2022. | The index edged down 0.1% month over month in January and was 1.2% higher compared with January 2022. |
Friday, March 17, 2023 | Industrial Product Price Index: 8:30am | Feb | The index declined 0.8% month over month in February and rose 1.4% year over year. | The index increased 0.4% month over month in January and rose 5.4% year over year. |
Friday, March 17, 2023 | Canada's International Transactions in Securities: 8:30am | Jan | Canadian investors reduced their holdings of foreign securities by $16.2 billion in January, the largest divestment since March 2022. Meanwhile, non-residents acquired $4.2 billion of Canadian securities in January 2023, down considerably from a $21.2 billion investment in December 2022. | Foreign investment in Canadian securities accelerated in December and reached $21.2 billion, the largest investment since August. At the same time, Canadian investors reduced their holdings of foreign securities by $2.3 billion after buying $14.7 billion in November. |
Monday, March 20, 2023 | New Motor Vehicle Sales: 7:30am | Jan | New motor vehicle sales in January totaled 104,250 in Canada, reflecting a decrease of 4.6% monthly but a year-on-year increase of 8.8%. By value, vehicle sales in this country totaled $5.87 billion, compared to $6.13 billion in December. | New motor vehicle sales in Canada totaled 111,049 in December, a dip of 10.9% monthly but an increase of 7.1% year-on-year. |
Tuesday, March 21, 2023 | Consumer Price Index: 8:30am | Feb | CPI rose 5.2% on a year-over-year basis in February, following a 5.9% increase in January. On a seasonally-adjusted monthly basis, the CPI rose 0.1% in February. | The Consumer Price Index (CPI) rose 5.9% on a year-over-year basis in January, following a 6.3% increase in December. On a seasonally adjusted monthly basis, the CPI rose 0.3% in January. |
Wednesday, March 22, 2023 | New Housing Price Index: 8:30am | Feb | The national index declined 0.2% month over month in February, following a similar decrease in January. | New home prices in Canada declined 0.2% month over month in January. |
Friday, March 24, 2023 | Retail Trade: 8:30am | Jan | Retail sales increased 1.4% to $66.4 billion in January. | Retail sales increased 0.5% to $62.1 billion in December. |
Thursday, March 30, 2023 | Payroll Employment, Earnings and Hours: 8:30am | Jan | --- | The number of employees receiving pay or benefits from their employer—measured as "payroll employees" in the Survey of Employment, Payrolls and Hours—rose by 91,400 (+0.5%) in December, bringing cumulative gains since September to 240,600 (+1.4%). |
Friday, March 31, 2023 | GDP: 8:30am | Jan | --- | Real gross domestic product was nearly unchanged in the fourth quarter, following five consecutive quarterly increases. |