Date | Statistic | For | Current Month | Previous Month |
Tuesday, September 3, 2024 | Markit Canada Manufacturing PMI 9:30 a.m. | Aug | The PMI registered below the critical 50.0 no-change mark during August for a 16th successive month. | Canada Manufacturing Sector PMI Falls to 47.8 in July With Decline in Production. |
Wednesday, September 4, 2024 | BoC Interest Rate Decision: 10:00am | Sept | The central bank lowered its trendsetting rate to 4.25%, delivering its third straight cut | The Bank of Canada today reduced its target for the overnight rate to 4.5%, with the Bank Rate at 4.75% and the deposit rate at 4.5%. The Bank is continuing its policy of balance sheet normalization. |
Wednesday, September 4, 2024 | Canadian International Merchandise Trade: 8:30am | July | In July, Canada's merchandise imports decreased 1.7%, while exports fell 0.4%. Consequently, Canada's merchandise trade balance with the world moved from a revised deficit of $179 million in June to a surplus of $684 million in July. | In June, Canada's merchandise exports increased 5.5%, while imports rose 1.9%. Consequently, after three consecutive monthly deficits, Canada's merchandise trade balance with the world moved from a deficit of $1.6 billion in May to a surplus of $638 million in June. |
Friday, September 6, 2024 | Labour Force Survey: 8:30am | Aug | Employment was little changed in August (+22,000; +0.1%) while the employment rate decreased 0.1 percentage points to 60.8%. The unemployment rate rose 0.2 percentage points to 6.6%. | Employment was little changed in July (-2,800; -0.0%), while the unemployment rate was unchanged at 6.4%. |
Friday, September 6, 2024 | IVEY Purchasing Managers Index: 10:00am | Aug | The index registered at 48.2 in August, much lower than the 57.6 figure the month before and well below the 53.5 in August 2023. | The index tailed off to 57.6 in July from 62.5 in June and 48.6 in July 2023. A reading above 50 indicates an increase in activity. |
Thursday, September 12, 2024 | Building Permits: 8:30am | July | Month over month, the total value of building permits in Canada surged 22.1% to $12.4 billion in July. | The total monthly value of building permits in Canada decreased 13.9% to $9.9 billion in June. |
Friday, September 13, 2024 | Wholesale Trade: 8:30am | July | Wholesale sales grew 0.4% to $82.7 billion in July. | Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) fell 0.6% to $82.4 billion in June. |
Monday, September 16, 2024 | New Motor Vehicle Sales: 7:30am | July | --- | Motor vehicle sales paled to 168,000 last month from 184,700 the previous month. |
Monday, September 16, 2024 | CREAstats - MLS Sales: 8:30am | Aug | --- | Home sales activity recorded over Canadian MLS® Systems edged back by 0.7% on a month-over-month basis in July 2024, giving back a small portion of June’s post-first rate cut gain. |
Monday, September 16, 2024 | Monthly Survey of Manufacturing: 8:30am | July | --- | Manufacturing sales declined 2.1% in June, mainly on lower sales of transportation equipment, chemicals, and primary metals. |
Tuesday, September 17, 2024 | Housing Starts: 8:15am | Aug | --- | Housing starts zoomed to 279,000 in July from 241,000 in June. |
Tuesday, September 17, 2024 | Consumer Price Index: 8:30am | Aug | --- | The Consumer Price Index (CPI) rose 2.5% on a year-over-year basis in July, down from a 2.7% increase in June. On a seasonally adjusted monthly basis, the CPI rose 0.3% in July. |
Wednesday, September 18, 2024 | Canada's International Transactions in Securities: 8:30am | July | --- | Canadian investors increased their exposure to foreign securities by $16.4 billion in June, mainly in US shares. Meanwhile, foreign acquisitions of Canadian securities slowed to $5.2 billion in June, down from significant investments in the previous two months. |
Friday, September 20, 2024 | Retail Trade: 8:30am | July | --- | Retail sales decreased 0.3% to $65.7 billion in June. Sales were down in four of nine subsectors and were led by decreases at motor vehicle and parts dealers. |
Friday, September 20, 2024 | New Housing Price Index: 8:30am | Aug | --- | The national index edged up by 0.2% month over month in July. Prices were up in 10 of the 27 census metropolitan areas (CMAs) surveyed, while they were unchanged in 13 and declined in the remaining 4 CMAs. |
Friday, September 20, 2024 | Industrial Product Price Index: 8:30am | Aug | --- | The Industrial Product Price Index was unchanged month over month in July and rose 2.9% on a yearly basis. |
Friday, September 20, 2024 | Raw Materials Price Index: 8:30am | Aug | --- | The Raw Materials Price Index rose 0.7% month over month in July and increased 4.1% year over year. |
Thursday, September 26, 2024 | Payroll Employment, Earnings and Hours: 8:30am | July | --- | The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—decreased by 47,300 (-0.3%) in June. |
Friday, September 27, 2024 | GDP: 8:30am | July | --- | Real gross domestic product (GDP) increased 0.5% in the second quarter after rising 0.4% in the first quarter. On a per capita basis, GDP fell 0.1% in the second quarter, the fifth consecutive quarterly decline. |