Canadian Economic Calendar - August 2017

DateStatisticForCurrent MonthPrevious Month
Tuesday, August 01, 2017Markit Canada Manufacturing PMI: 9:30amJulyThe Markit Canada Manufacturing Purchasing Managers' index (PMI), a measure of manufacturing business conditions, rose to a seasonally adjusted 55.5 last month from 54.7. A reading above 50 shows growth in the sector.The Markit Canada Manufacturing index fell to 54.7 vs 55.1. A reading above 50 is expansionary.
Friday, August 04, 2017Labour Force Survey: 8:30amJulyFollowing two months of notable increases, employment was little changed in July (up 11,000 jobs or 0.1%). As the number of people searching for work edged down, the unemployment rate declined by 0.2 percentage points to 6.3%Employment rose by 45,000 in June, mostly in part-time work. The unemployment rate was 6.5%, down 0.1 percentage points from the previous month.
Friday, August 04, 2017IVEY Purchasing Managers Index: 10:00amJulyThe IVEY PMI index faded to 60 in July, from June 61.6 and a 57 reading in July 2016. The index ballooned to 61.6 for June from 53.8 in May, and 51.7 in June 2016.
Friday, August 04, 2017Canadian International Merchandise Trade: 8:30amJuneCanada's merchandise trade balance with the world posted a $3.6 billion deficit in June, widening from a $1.4 billion deficit in May. Exports fell 4.3% while imports edged up 0.3%Canada's merchandise trade deficit with the world reached $1.1 billion in May, up from a $552 million deficit in April. Imports rose 2.4% and exports were up 1.3%.
Wednesday, August 09, 2017Housing Starts: 8:15amJulyCanada Mortgage and Housing Corporation said the trend in housing starts was 217,550 units in July, compared to 215,175 units in JuneCanada Mortgage and Housing Corp. says the annual pace of housing starts in Canada picked up in June. The seasonally adjusted annual rate of housing starts in June came in at 212,695 units, up from 194,955 units in May. Economists had expected the annual rate to come in at 200,000.
Wednesday, August 09, 2017Building Permits: 8:30amJuneCanadian municipalities issued $8.1 billion worth of building permits in June, up 2.5% from May and the second highest value on record.Canadian municipalities issued $7.7 billion worth of building permits in May, up 8.9% from April and the third highest value on record.
Thursday, August 10, 2017New Housing Price Index: 8:30amJuneNew house prices eked up 0.2% nationwide, due largely to lack of momentum on prices in Southern Ontario The index soared 0.7% in May, due largely to price jumps in Toronto and Vancouver
Tuesday, August 15, 2017CREAstats - MLS Sales: 8:30amJulyThe Canadian Real Estate Association said national home sales fell 2.1% from June to July.The Canadian Real Estate Association said the resale of Canadian homes fell 6.7% in June from May, the largest monthly drop since 2010 and the third straight monthly decline as sales in Toronto plunged
Wednesday, August 16, 2017Canada's International Transactions in Securities: 8:30amJuneForeign investors reduced their holdings of Canadian securities by $923 million in June, the first monthly divestment since July 2015. At the same time, Canadian investment in foreign securities amounted to $13.2 billion, led by acquisitions of equities.Foreign investment in Canadian securities amounted to $29.5 billion in May, mainly purchases of government debt instruments. At the same time, Canadian investors increased their holdings of foreign securities by $4.4 billion, led by investments in U.S. debt instruments.
Thursday, August 17, 2017Monthly Survey of Manufacturing: 8:30amJuneManufacturing sales fell 1.8% to $53.9 billion in June, following three consecutive monthly gains.Manufacturing sales increased for the third consecutive month, up 1.1% to $54.6 billion in May.
Friday, August 18, 2017Consumer Price Index: 8:30amJulyThe Consumer Price Index (CPI) rose 1.2% on a year-over-year basis in July, following a 1.0% increase in June. On a seasonally adjusted monthly basis, the CPI was up 0.2% in July, after posting no change in June.The Consumer Price Index (CPI) rose 1.0% on a year-over-year basis in June, following a 1.3% increase in May. On a seasonally adjusted monthly basis, the CPI was unchanged in June, after being down 0.2% in May.
Monday, August 21, 2017Wholesale Trade: 8:30amJuneWholesale sales declined 0.5% to $61.4 billion in June following eight consecutive monthly increases. Declines were recorded in five of seven subsectors, led by the food, beverage and tobacco subsector and the motor vehicle and parts subsector.Wholesale sales rose 0.9% to a record high $61.6 billion in May. Sales were up in six of the seven sub-sectors, representing 80% of total wholesale sales.
Tuesday, August 22, 2017Retail Trade: 8:30amJuneRetail sales rose for the fourth consecutive month in June, edging up 0.1% to $49.0 billion. Sales were up in 6 of 11 subsectors, representing 38% of total retail trade. Retail sales increased for the third consecutive month, rising 0.6% to $48.9 billion in May. Retail sales increased for the third consecutive month, rising 0.6% to $48.9 billion in May. Sales were up in five of 11 sub-sectors, representing 56% of total retail trade.
Thursday, August 24, 2017Employment Insurance: 8:30amJune---In May, 525,300 people received regular Employment Insurance benefits, down 12,800, or 2.4%, from April.
Tuesday, August 29, 2017Industrial Product Price Index: 8:30amJuly---The index declined 1.0% in June, mainly due to lower prices for energy and petroleum products.
Tuesday, August 29, 2017Raw Materials Price Index: 8:30amJuly---The index declined 3.7%, primarily due to lower prices for crude energy products.
Wednesday, August 30, 2017Average Weekly Earnings June---Average weekly earnings of non-farm payroll employees were $972 in May, virtually unchanged from April but up 2.0% from 12 months earlier.
Thursday, August 31, 2017GDP: 8:30amJune---Real gross domestic product grew 0.6% in May, with 14 of 20 industrial sectors increasing. This was the seventh consecutive monthly increase.
  • Markit Canada Manufacturing PMI: 9:30am

    Tuesday, August 01, 2017

    For: July

    Current Month:
    The Markit Canada Manufacturing Purchasing Managers' index (PMI), a measure of manufacturing business conditions, rose to a seasonally adjusted 55.5 last month from 54.7. A reading above 50 shows growth in the sector.

    Previous Month:
    The Markit Canada Manufacturing index fell to 54.7 vs 55.1. A reading above 50 is expansionary.
  • Labour Force Survey: 8:30am

    Friday, August 04, 2017

    For: July

    Current Month:
    Following two months of notable increases, employment was little changed in July (up 11,000 jobs or 0.1%). As the number of people searching for work edged down, the unemployment rate declined by 0.2 percentage points to 6.3%

    Previous Month:
    Employment rose by 45,000 in June, mostly in part-time work. The unemployment rate was 6.5%, down 0.1 percentage points from the previous month.
  • IVEY Purchasing Managers Index: 10:00am

    Friday, August 04, 2017

    For: July

    Current Month:
    The IVEY PMI index faded to 60 in July, from June 61.6 and a 57 reading in July 2016.

    Previous Month:
    The index ballooned to 61.6 for June from 53.8 in May, and 51.7 in June 2016.
  • Canadian International Merchandise Trade: 8:30am

    Friday, August 04, 2017

    For: June

    Current Month:
    Canada's merchandise trade balance with the world posted a $3.6 billion deficit in June, widening from a $1.4 billion deficit in May. Exports fell 4.3% while imports edged up 0.3%

    Previous Month:
    Canada's merchandise trade deficit with the world reached $1.1 billion in May, up from a $552 million deficit in April. Imports rose 2.4% and exports were up 1.3%.
  • Housing Starts: 8:15am

    Wednesday, August 09, 2017

    For: July

    Current Month:
    Canada Mortgage and Housing Corporation said the trend in housing starts was 217,550 units in July, compared to 215,175 units in June

    Previous Month:
    Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada picked up in June. The seasonally adjusted annual rate of housing starts in June came in at 212,695 units, up from 194,955 units in May. Economists had expected the annual rate to come in at 200,000.
  • Building Permits: 8:30am

    Wednesday, August 09, 2017

    For: June

    Current Month:
    Canadian municipalities issued $8.1 billion worth of building permits in June, up 2.5% from May and the second highest value on record.

    Previous Month:
    Canadian municipalities issued $7.7 billion worth of building permits in May, up 8.9% from April and the third highest value on record.
  • New Housing Price Index: 8:30am

    Thursday, August 10, 2017

    For: June

    Current Month:
    New house prices eked up 0.2% nationwide, due largely to lack of momentum on prices in Southern Ontario

    Previous Month:
    The index soared 0.7% in May, due largely to price jumps in Toronto and Vancouver
  • CREAstats - MLS Sales: 8:30am

    Tuesday, August 15, 2017

    For: July

    Current Month:
    The Canadian Real Estate Association said national home sales fell 2.1% from June to July.

    Previous Month:
    The Canadian Real Estate Association said the resale of Canadian homes fell 6.7% in June from May, the largest monthly drop since 2010 and the third straight monthly decline as sales in Toronto plunged
  • Canada's International Transactions in Securities: 8:30am

    Wednesday, August 16, 2017

    For: June

    Current Month:
    Foreign investors reduced their holdings of Canadian securities by $923 million in June, the first monthly divestment since July 2015. At the same time, Canadian investment in foreign securities amounted to $13.2 billion, led by acquisitions of equities.

    Previous Month:
    Foreign investment in Canadian securities amounted to $29.5 billion in May, mainly purchases of government debt instruments. At the same time, Canadian investors increased their holdings of foreign securities by $4.4 billion, led by investments in U.S. debt instruments.
  • Monthly Survey of Manufacturing: 8:30am

    Thursday, August 17, 2017

    For: June

    Current Month:
    Manufacturing sales fell 1.8% to $53.9 billion in June, following three consecutive monthly gains.

    Previous Month:
    Manufacturing sales increased for the third consecutive month, up 1.1% to $54.6 billion in May.
  • Consumer Price Index: 8:30am

    Friday, August 18, 2017

    For: July

    Current Month:
    The Consumer Price Index (CPI) rose 1.2% on a year-over-year basis in July, following a 1.0% increase in June. On a seasonally adjusted monthly basis, the CPI was up 0.2% in July, after posting no change in June.

    Previous Month:
    The Consumer Price Index (CPI) rose 1.0% on a year-over-year basis in June, following a 1.3% increase in May. On a seasonally adjusted monthly basis, the CPI was unchanged in June, after being down 0.2% in May.
  • Wholesale Trade: 8:30am

    Monday, August 21, 2017

    For: June

    Current Month:
    Wholesale sales declined 0.5% to $61.4 billion in June following eight consecutive monthly increases. Declines were recorded in five of seven subsectors, led by the food, beverage and tobacco subsector and the motor vehicle and parts subsector.

    Previous Month:
    Wholesale sales rose 0.9% to a record high $61.6 billion in May. Sales were up in six of the seven sub-sectors, representing 80% of total wholesale sales.
  • Retail Trade: 8:30am

    Tuesday, August 22, 2017

    For: June

    Current Month:
    Retail sales rose for the fourth consecutive month in June, edging up 0.1% to $49.0 billion. Sales were up in 6 of 11 subsectors, representing 38% of total retail trade.

    Previous Month:
    Retail sales increased for the third consecutive month, rising 0.6% to $48.9 billion in May. Retail sales increased for the third consecutive month, rising 0.6% to $48.9 billion in May. Sales were up in five of 11 sub-sectors, representing 56% of total retail trade.
  • Employment Insurance: 8:30am

    Thursday, August 24, 2017

    For: June

    Current Month:
    ---

    Previous Month:
    In May, 525,300 people received regular Employment Insurance benefits, down 12,800, or 2.4%, from April.
  • Industrial Product Price Index: 8:30am

    Tuesday, August 29, 2017

    For: July

    Current Month:
    ---

    Previous Month:
    The index declined 1.0% in June, mainly due to lower prices for energy and petroleum products.
  • Raw Materials Price Index: 8:30am

    Tuesday, August 29, 2017

    For: July

    Current Month:
    ---

    Previous Month:
    The index declined 3.7%, primarily due to lower prices for crude energy products.
  • Average Weekly Earnings

    Wednesday, August 30, 2017

    For: June

    Current Month:
    ---

    Previous Month:
    Average weekly earnings of non-farm payroll employees were $972 in May, virtually unchanged from April but up 2.0% from 12 months earlier.
  • GDP: 8:30am

    Thursday, August 31, 2017

    For: June

    Current Month:
    ---

    Previous Month:
    Real gross domestic product grew 0.6% in May, with 14 of 20 industrial sectors increasing. This was the seventh consecutive monthly increase.