Canadian Economic Calendar - January 2017

DateStatisticForCurrent MonthPrevious Month
Tuesday, January 03, 2017RBC Manufacturing PMI: 9:30amDecThe 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 2015The RBC Canadian Manufacturing Purchasing Managers’ Index (PMI), a measure of manufacturing business conditions, rose to a seasonally adjusted 51.5 last month from 51.1 in October. A reading above 50 indicates growth in the sector.
Thursday, January 05, 2017Industrial Product Price Index: 8:30amNovThe Industrial Product Price Index rose 0.3% in November. The Industrial Product Price Index rose 0.7% in October, led by higher prices for energy and petroleum products.
Thursday, January 05, 2017Raw Materials Price Index: 8:30amNovThe Raw Materials Price Index decreased 2.0%, mainly due to lower prices for crude energy products.The Raw Materials Price Index increased 3.3%, mainly due to higher prices for crude energy products.
Friday, January 06, 2017Canadian International Merchandise Trade: 8:30amNovCanada's merchandise trade balance with the world recorded its first trade surplus since September 2014, going from a $1-billion deficit in October to a $526-million surplus in November. Exports rose 4.3%, while imports were up 0.7%.Canada's imports fell 6.3% to $44.7 billion in October, while exports increased 0.5% to $43.6 billion. Consequently, Canada's merchandise trade deficit with the world narrowed from a record $4.4 billion in September to $1.1 billion in October.
Friday, January 06, 2017Labour Force Survey: 7:00amDecEmployment rose by 54,000, or 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.Employment was up 11,000, or 0.1%. With fewer people searching for work, the unemployment rate fell by 0.2 percentage points to 6.8%.
Friday, January 06, 2017IVEY Purchasing Managers Index: 10:00amDecWestern University's Ivey Purchasing Managers Index (seasonally adjusted) by the end of December 2016 stood at 60.8, compared to 56.8 in November, 49.9 in December 2015, and 55.4 in December 2014Western University's Ivey Purchasing Managers seasonally-adjusted index declined to 56.8 from 59.7 in November, while the unadjusted index was unchanged at 56.5.
Tuesday, January 10, 2017Building Permits: 8:30amNov.Municipalities issued $7.8 billion worth of building permits in November, down 0.1% from the previous month.Municipalities issued $7.6 billion worth of building permits in October, up 8.7% from September.
Tuesday, January 10, 2017Housing Starts: 8:15amDecCanada 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. Canada Mortgage and Housing Corporation reported housing starts housing starts in Canada were 199,135 units in November compared to 199,641 in October.
Thursday, January 12, 2017New Housing Price Index: 8:30amNovThe New Housing Price Index rose 0.2% in November compared with the previous month.The New Housing Price Index rose 0.4% in October compared with the previous month
Monday, January 16, 2017CREAstats - MLS Sales: 8:30amDecThe number of homes trading hands via Canadian MLS® Systems rose 2.2 % month-over-month in December 2016. nds 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 NovemberThe Canadian Real Estate Association reported that national home sales fell 5.3% from October to November. Actual (not seasonally-adjusted) activity remained 1.6% above levels in November 2015.
Wednesday, January 18, 2017Employment Insurance: 8:30amNov---The number of Canadians drawing regular employment insurance benefits numbered 575,200 in October, down 2,700, or 0.5%, from September.
Wednesday, January 18, 2017BoC Rate Announcement: 10:00am------The Bank of Canada is maintaining its target for the overnight rate at 0.5%. The Bank Rate is correspondingly 0.75% and the deposit rate is 0.25%
Thursday, January 19, 2017Monthly Survey of Manufacturing: 8:30amNov---Manufacturing sales declined 0.8% to $51.0 billion in October, following two consecutive monthly gains.
Thursday, January 19, 2017Canada's International Transactions in Securities: 8:30amNov---Foreign acquisitions of Canadian securities amounted to $15.8 billion in October, mainly Canadian corporate debt securities. At the same time, Canadian investors added $2.1 billion of foreign securities to their holdings, led by acquisitions of U.S. corporate instruments.
Friday, January 20, 2017Consumer Price Index: 7:00amDec---The Consumer Price Index rose 1.2% on a year-over-year basis in November, following a 1.5% increase in October. On a seasonally adjusted monthly basis, the CPI was down 0.2% in November, after increasing 0.2% in October.
Friday, January 20, 2017Retail Trade: 8:30amNov---Retail sales rose for the third consecutive month, rising 1.1% to $45.0 billion in October.
Monday, January 23, 2017Wholesale Trade: 8:30amNov---Wholesale sales increased 1.1% to $56.6 billion in October, offsetting most of September's 1.5% decrease.
Thursday, January 26, 2017Average Weekly Earnings Nov---Average weekly earnings of non-farm payroll employees were $954 in October, down 0.1% from the previous month and unchanged compared with 12 months earlier
Sunday, January 29, 2017Industrial Product Price Index: 8:30amDec---The Industrial Product Price Index rose 0.3% in November.
Sunday, January 29, 2017Raw Materials Price Index: 8:30amDec---The Raw Materials Price Index decreased 2.0% in November, mainly due to lower prices for crude energy products.
Tuesday, January 31, 2017GDP: 8:30amNov---After increasing for four consecutive months, real gross domestic product was down 0.3% in October.
  • RBC Manufacturing PMI: 9:30am

    Tuesday, January 03, 2017

    For: Dec

    Current 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

    Previous Month:
    The RBC Canadian Manufacturing Purchasing Managers’ Index (PMI), a measure of manufacturing business conditions, rose to a seasonally adjusted 51.5 last month from 51.1 in October. A reading above 50 indicates growth in the sector.
  • Industrial Product Price Index: 8:30am

    Thursday, January 05, 2017

    For: Nov

    Current Month:
    The Industrial Product Price Index rose 0.3% in November.

    Previous Month:
    The Industrial Product Price Index rose 0.7% in October, led by higher prices for energy and petroleum products.
  • Raw Materials Price Index: 8:30am

    Thursday, January 05, 2017

    For: Nov

    Current Month:
    The Raw Materials Price Index decreased 2.0%, mainly due to lower prices for crude energy products.

    Previous Month:
    The Raw Materials Price Index increased 3.3%, mainly due to higher prices for crude energy products.
  • Canadian International Merchandise Trade: 8:30am

    Friday, January 06, 2017

    For: Nov

    Current Month:
    Canada's merchandise trade balance with the world recorded its first trade surplus since September 2014, going from a $1-billion deficit in October to a $526-million surplus in November. Exports rose 4.3%, while imports were up 0.7%.

    Previous Month:
    Canada's imports fell 6.3% to $44.7 billion in October, while exports increased 0.5% to $43.6 billion. Consequently, Canada's merchandise trade deficit with the world narrowed from a record $4.4 billion in September to $1.1 billion in October.
  • Labour Force Survey: 7:00am

    Friday, January 06, 2017

    For: Dec

    Current Month:
    Employment rose by 54,000, or 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.

    Previous Month:
    Employment was up 11,000, or 0.1%. With fewer people searching for work, the unemployment rate fell by 0.2 percentage points to 6.8%.
  • IVEY Purchasing Managers Index: 10:00am

    Friday, January 06, 2017

    For: Dec

    Current Month:
    Western University's Ivey Purchasing Managers Index (seasonally adjusted) by the end of December 2016 stood at 60.8, compared to 56.8 in November, 49.9 in December 2015, and 55.4 in December 2014

    Previous Month:
    Western University's Ivey Purchasing Managers seasonally-adjusted index declined to 56.8 from 59.7 in November, while the unadjusted index was unchanged at 56.5.
  • Building Permits: 8:30am

    Tuesday, January 10, 2017

    For: Nov.

    Current Month:
    Municipalities issued $7.8 billion worth of building permits in November, down 0.1% from the previous month.

    Previous Month:
    Municipalities issued $7.6 billion worth of building permits in October, up 8.7% from September.
  • Housing Starts: 8:15am

    Tuesday, January 10, 2017

    For: Dec

    Current 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.

    Previous Month:
    Canada Mortgage and Housing Corporation reported housing starts housing starts in Canada were 199,135 units in November compared to 199,641 in October.
  • New Housing Price Index: 8:30am

    Thursday, January 12, 2017

    For: Nov

    Current Month:
    The New Housing Price Index rose 0.2% in November compared with the previous month.

    Previous Month:
    The New Housing Price Index rose 0.4% in October compared with the previous month
  • CREAstats - MLS Sales: 8:30am

    Monday, January 16, 2017

    For: Dec

    Current Month:
    The number of homes trading hands via Canadian MLS® Systems rose 2.2 % month-over-month in December 2016. nds 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

    Previous Month:
    The Canadian Real Estate Association reported that national home sales fell 5.3% from October to November. Actual (not seasonally-adjusted) activity remained 1.6% above levels in November 2015.
  • Employment Insurance: 8:30am

    Wednesday, January 18, 2017

    For: Nov

    Current Month:
    ---

    Previous Month:
    The number of Canadians drawing regular employment insurance benefits numbered 575,200 in October, down 2,700, or 0.5%, from September.
  • BoC Rate Announcement: 10:00am

    Wednesday, January 18, 2017

    For: ---

    Current Month:
    ---

    Previous Month:
    The Bank of Canada is maintaining its target for the overnight rate at 0.5%. The Bank Rate is correspondingly 0.75% and the deposit rate is 0.25%
  • Monthly Survey of Manufacturing: 8:30am

    Thursday, January 19, 2017

    For: Nov

    Current Month:
    ---

    Previous Month:
    Manufacturing sales declined 0.8% to $51.0 billion in October, following two consecutive monthly gains.
  • Canada's International Transactions in Securities: 8:30am

    Thursday, January 19, 2017

    For: Nov

    Current Month:
    ---

    Previous Month:
    Foreign acquisitions of Canadian securities amounted to $15.8 billion in October, mainly Canadian corporate debt securities. At the same time, Canadian investors added $2.1 billion of foreign securities to their holdings, led by acquisitions of U.S. corporate instruments.
  • Consumer Price Index: 7:00am

    Friday, January 20, 2017

    For: Dec

    Current Month:
    ---

    Previous Month:
    The Consumer Price Index rose 1.2% on a year-over-year basis in November, following a 1.5% increase in October. On a seasonally adjusted monthly basis, the CPI was down 0.2% in November, after increasing 0.2% in October.
  • Retail Trade: 8:30am

    Friday, January 20, 2017

    For: Nov

    Current Month:
    ---

    Previous Month:
    Retail sales rose for the third consecutive month, rising 1.1% to $45.0 billion in October.
  • Wholesale Trade: 8:30am

    Monday, January 23, 2017

    For: Nov

    Current Month:
    ---

    Previous Month:
    Wholesale sales increased 1.1% to $56.6 billion in October, offsetting most of September's 1.5% decrease.
  • Average Weekly Earnings

    Thursday, January 26, 2017

    For: Nov

    Current Month:
    ---

    Previous Month:
    Average weekly earnings of non-farm payroll employees were $954 in October, down 0.1% from the previous month and unchanged compared with 12 months earlier
  • Industrial Product Price Index: 8:30am

    Sunday, January 29, 2017

    For: Dec

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index rose 0.3% in November.
  • Raw Materials Price Index: 8:30am

    Sunday, January 29, 2017

    For: Dec

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index decreased 2.0% in November, mainly due to lower prices for crude energy products.
  • GDP: 8:30am

    Tuesday, January 31, 2017

    For: Nov

    Current Month:
    ---

    Previous Month:
    After increasing for four consecutive months, real gross domestic product was down 0.3% in October.