Canadian Economic Calendar - December 2020

DateStatisticForCurrent MonthPrevious Month
Tuesday, December 1, 2020Markit Canada Manufacturing PMI: 9:30 amNovThe index registered 55.8 in November, up slightly from 55.5 in October, signaling another robust expansion in business conditions.The index registered 55.5 in October, down slightly from 56.0 in September, indicative of another strong improvement in overall business conditions.
Tuesday, December 1, 2020GDP: 8:30amSeptReal gross domestic product grew 0.8% in September as 16 of 20 industrial sectors were up in the monthGross domestic product grew 1.2% in August as 15 of 20 industrial sectors were up and two were essentially unchanged in the month.
Friday, December 4, 2020Labour Force Survey: 8:30amNov---Employment increased by 84,000 (+0.5%) in October, after growing by an average of 2.7% per month since May. The unemployment rate was 8.9%, little changed from September.
Friday, December 4, 2020Canadian International Merchandise Trade: 8:30amOct---In September, Canada's merchandise exports and imports each increased by 1.5%. As a result, Canada's merchandise trade deficit with the world widened slightly from $3.2 billion in August to $3.3 billion in September.
Monday, December 7, 2020IVEY Purchasing Managers Index: 10:00amNov---The index progressed a notch in October to 54.5 from September's 54.3, towering above the 48.2 figure in October 2019.
Wednesday, December 9, 2020BoC Interest Rate Decision: 10:00amDec---The Bank of Canada held its overnight lending rate Wednesday at 0.25%. The central bank added it sees inflation below a 2% target through 2022
Tuesday, December 15, 2020Monthly Survey of Manufacturing: 8:30amOct---Manufacturing sales rebounded in September, rising 1.5% to $53.8 billion on higher sales of wood and chemical products.
Tuesday, December 15, 2020Housing Starts: 8:15amNov---The national trend in housing starts increased in October following a pause in September. The trend was 222,734 units in October 2020, up from 214,372 units in September 2020.
Wednesday, December 16, 2020Canada's International Transactions in Securities: 8:30amOct---Canadian investors acquired $11.2 billion of foreign securities in September, the highest investment in four months. Meanwhile, non-resident investors purchased $4.5 billion of Canadian securities, led by acquisitions of corporate instruments.
Wednesday, December 16, 2020Wholesale Trade: 8:30amOct---Wholesale sales grew 0.9% to $66.2 billion in September and remained higher than February's pre-COVID-19 level for the third straight month.
Wednesday, December 16, 2020CREAstats - MLS Sales: 8:30amNov---Home sales recorded over Canadian MLS® Systems in October 2020 edged back by 0.7% from September’s all-time record for monthly sales.
Wednesday, December 16, 2020Consumer Price Index: 8:30amNov---Inflation rose 0.7% on a year-over-year basis in October, up from a 0.5% increase in September.
Friday, December 18, 2020Retail Trade: 8:30amOct---Retail sales rose 1.1% to $53.9 billion in September—the fifth consecutive monthly increase since the record decline in April.
Friday, December 18, 2020New Housing Price Index: 8:30amNov---Nationally, prices for new homes rose 0.8% in October following a 1.2% acceleration in September, with prices up in 21 of the 27 census metropolitan areas surveyed.
Tuesday, December 22, 2020Payroll Employment, Earnings and Hours: 8:30amOct---In September, the number of employees receiving pay or benefits from their employer—measured in the SEPH as payroll employment—rose by 337,500 (+2.2%). This followed an increase of roughly 1.8 million payroll jobs from June to August, and brought the total payroll employment change since February to a decline of 1.2 million (-7.3%).
Wednesday, December 23, 2020GDP: 8:30amOct---Real gross domestic product grew 0.8% in September as 16 of 20 industrial sectors were up in the month
Thursday, December 24, 2020Building Permits: 8:30amNov---Municipalities issued building permits worth $8.2 billion in October, down 14.6% from the previous month.
Tuesday, January 5, 2021Industrial Product Price Index: 8:30amNov---The Industrial Product Price Index fell 0.4% in October, driven mainly by lower prices for lumber and other wood products.
Tuesday, January 5, 2021Raw Materials Price Index: 8:30amNov---The Raw Materials Price Index increased 0.5%, mostly due to higher prices for animals and animal products and crop products.

  • Markit Canada Manufacturing PMI: 9:30 am

    Tuesday, December 1, 2020

    For: Nov

    Current Month:
    The index registered 55.8 in November, up slightly from 55.5 in October, signaling another robust expansion in business conditions.

    Previous Month:
    The index registered 55.5 in October, down slightly from 56.0 in September, indicative of another strong improvement in overall business conditions.

  • GDP: 8:30am

    Tuesday, December 1, 2020

    For: Sept

    Current Month:
    Real gross domestic product grew 0.8% in September as 16 of 20 industrial sectors were up in the month

    Previous Month:
    Gross domestic product grew 1.2% in August as 15 of 20 industrial sectors were up and two were essentially unchanged in the month.

  • Labour Force Survey: 8:30am

    Friday, December 4, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    Employment increased by 84,000 (+0.5%) in October, after growing by an average of 2.7% per month since May. The unemployment rate was 8.9%, little changed from September.

  • Canadian International Merchandise Trade: 8:30am

    Friday, December 4, 2020

    For: Oct

    Current Month:
    ---

    Previous Month:
    In September, Canada's merchandise exports and imports each increased by 1.5%. As a result, Canada's merchandise trade deficit with the world widened slightly from $3.2 billion in August to $3.3 billion in September.

  • IVEY Purchasing Managers Index: 10:00am

    Monday, December 7, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    The index progressed a notch in October to 54.5 from September's 54.3, towering above the 48.2 figure in October 2019.

  • BoC Interest Rate Decision: 10:00am

    Wednesday, December 9, 2020

    For: Dec

    Current Month:
    ---

    Previous Month:
    The Bank of Canada held its overnight lending rate Wednesday at 0.25%. The central bank added it sees inflation below a 2% target through 2022

  • Monthly Survey of Manufacturing: 8:30am

    Tuesday, December 15, 2020

    For: Oct

    Current Month:
    ---

    Previous Month:
    Manufacturing sales rebounded in September, rising 1.5% to $53.8 billion on higher sales of wood and chemical products.

  • Housing Starts: 8:15am

    Tuesday, December 15, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    The national trend in housing starts increased in October following a pause in September. The trend was 222,734 units in October 2020, up from 214,372 units in September 2020.

  • Canada's International Transactions in Securities: 8:30am

    Wednesday, December 16, 2020

    For: Oct

    Current Month:
    ---

    Previous Month:
    Canadian investors acquired $11.2 billion of foreign securities in September, the highest investment in four months. Meanwhile, non-resident investors purchased $4.5 billion of Canadian securities, led by acquisitions of corporate instruments.

  • Wholesale Trade: 8:30am

    Wednesday, December 16, 2020

    For: Oct

    Current Month:
    ---

    Previous Month:
    Wholesale sales grew 0.9% to $66.2 billion in September and remained higher than February's pre-COVID-19 level for the third straight month.

  • CREAstats - MLS Sales: 8:30am

    Wednesday, December 16, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    Home sales recorded over Canadian MLS® Systems in October 2020 edged back by 0.7% from September’s all-time record for monthly sales.

  • Consumer Price Index: 8:30am

    Wednesday, December 16, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    Inflation rose 0.7% on a year-over-year basis in October, up from a 0.5% increase in September.

  • Retail Trade: 8:30am

    Friday, December 18, 2020

    For: Oct

    Current Month:
    ---

    Previous Month:
    Retail sales rose 1.1% to $53.9 billion in September—the fifth consecutive monthly increase since the record decline in April.

  • New Housing Price Index: 8:30am

    Friday, December 18, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    Nationally, prices for new homes rose 0.8% in October following a 1.2% acceleration in September, with prices up in 21 of the 27 census metropolitan areas surveyed.

  • Payroll Employment, Earnings and Hours: 8:30am

    Tuesday, December 22, 2020

    For: Oct

    Current Month:
    ---

    Previous Month:
    In September, the number of employees receiving pay or benefits from their employer—measured in the SEPH as payroll employment—rose by 337,500 (+2.2%). This followed an increase of roughly 1.8 million payroll jobs from June to August, and brought the total payroll employment change since February to a decline of 1.2 million (-7.3%).

  • GDP: 8:30am

    Wednesday, December 23, 2020

    For: Oct

    Current Month:
    ---

    Previous Month:
    Real gross domestic product grew 0.8% in September as 16 of 20 industrial sectors were up in the month

  • Building Permits: 8:30am

    Thursday, December 24, 2020

    For: Nov

    Current Month:
    ---

    Previous Month:
    Municipalities issued building permits worth $8.2 billion in October, down 14.6% from the previous month.

  • Industrial Product Price Index: 8:30am

    Tuesday, January 5, 2021

    For: Nov

    Current Month:
    ---

    Previous Month:
    The Industrial Product Price Index fell 0.4% in October, driven mainly by lower prices for lumber and other wood products.

  • Raw Materials Price Index: 8:30am

    Tuesday, January 5, 2021

    For: Nov

    Current Month:
    ---

    Previous Month:
    The Raw Materials Price Index increased 0.5%, mostly due to higher prices for animals and animal products and crop products.