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Canadian Economic Calendar - April 2024

DateStatisticForCurrent MonthPrevious Month
Monday, April 1, 2024Markit Canada Manufacturing PMI 9:30 a.m. MarThe PMI rose to 49.8 in March from 49.7 in February.The S&P Global Canada Manufacturing PMI rose to 49.7 in February of 2024 from 48.3 in the previous month.
Thursday, April 4, 2024Canadian International Merchandise Trade: 8:30amFebExports increased 5.8%, while imports rose 4.6%. As a result, Canada's merchandise trade surplus with the world widened from $608 million in January to $1.4 billion in February.In January, Canada's merchandise imports decreased 3.8%, while exports fell 1.7%. As a result, Canada's merchandise trade balance changed position for a second consecutive month, moving from a deficit of $863 million in December to a surplus of $496 million in January.
Friday, April 5, 2024Labour Force Survey: 8:30amMarEmployment was little changed in March (-2,200; -0.0%). The unemployment rate rose 0.3 percentage points to 6.1% in MarchEmployment rose by 41,000 in February. The unemployment rate increased 0.1 percentage points to 5.8%, offsetting a decline in January.
Friday, April 5, 2024IVEY Purchasing Managers Index: 10:00amMarThe index jumped to 57.5 in March from 53.9 in February, but was a down from March 2023's reading of 58.2.The index skidded to 53.9 in February from 56.5 in January but rose from February 2023's reading of 51.6.
Wednesday, April 10, 2024BoC Interest Rate Decision: 10:00amAprThe Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.
Wednesday, April 10, 2024Building Permits: 8:30amFebThe total monthly value of building permits in Canada increased 9.3% from January to $11.8 billion in February.The total monthly value of building permits in Canada increased 13.5% from December to $10.8 billion in January.
Monday, April 15, 2024Wholesale Trade: 8:30amFebWholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) were essentially unchanged (+0.0%), at $82.2 billion in February.Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) grew 0.1% to $82.4 billion in January.
Monday, April 15, 2024New Motor Vehicle Sales: 7:30amFebStatistics Canada said motor vehicle sales zoomed to 137,690 in March, from 116,870 in the prior-year month. New motor vehicle sales registered at 116,870, compared to 128,830 in the same month the year before.
Monday, April 15, 2024CREAstats - MLS Sales: 8:30amMarNational home sales edged up 0.5% month-over-month in March. Actual (not seasonally adjusted) monthly activity came in 1.7% above March 2023.Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a streak of five declines that began last fall.
Monday, April 15, 2024Monthly Survey of Manufacturing: 8:30amFebManufacturing sales increased 0.7% in February, led by the petroleum and coal product subsector as well as the electrical equipment, appliance and component subsector.Manufacturing sales rose 0.2% in January, mainly on higher sales of motor vehicles and chemical products.
Tuesday, April 16, 2024Consumer Price Index: 8:30amMarThe Consumer Price Index (CPI) rose 2.9% on a year-over-year basis in March, up from a 2.8% gain in February. On a seasonally adjusted monthly basis, the CPI rose 0.3% in March.The Consumer Price Index (CPI) rose 2.8% on a year-over-year basis in February, down from a 2.9% gain in January. On a seasonally adjusted monthly basis, the CPI rose 0.1% in February.
Tuesday, April 16, 2024Housing Starts: 8:15amMarHousing starts totaled 242,200 in March, compared to 260,000 in the prior-year month. Housing starts totaled 253,000 in February, compared to 223,200 in the same month last year.
Wednesday, April 17, 2024Canada's International Transactions in Securities: 8:30amFebCanadian investors acquired $24.2 billion of foreign securities in February, led by an all-time high investment in foreign bonds. Meanwhile, foreign investors reduced their exposure to Canadian securities by $8.8 billion, led by a record divestment in government short-term debt securities.Foreign investment in Canadian securities amounted to $8.9 billion in January, led by acquisitions of government debt securities. Meanwhile, Canadian investors reduced their holdings of foreign securities by $7.6 billion, led by sales of equity securities.
Monday, April 22, 2024Raw Materials Price Index: 8:30amMar---The index increased 2.1% month over month in February 2024 and decreased 4.7% year over year.
Monday, April 22, 2024Industrial Product Price Index: 8:30amMar---The index rose 0.7% on a monthly basis in February and fell 1.7% relative to February 2023.
Wednesday, April 24, 2024Retail Trade: 8:30amFeb---Retail sales decreased 0.3% to $67.0 billion in January. Sales were down in three of nine subsectors and were led by decreases at motor vehicle and parts dealers
Wednesday, April 24, 2024New Housing Price Index: 8:30amMar---The national index edged up 0.1% month over month in February.
Thursday, April 25, 2024Payroll Employment, Earnings and Hours: 8:30amFeb---The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—increased by 39,800 (+0.2%) in January.
Tuesday, April 30, 2024GDP: 8:30amFeb---Real gross domestic product rose 0.6% in January as both services-producing and goods-producing industries posted gains
  • Markit Canada Manufacturing PMI 9:30 a.m.

    Monday, April 1, 2024

    For: Mar

    Current Month:
    The PMI rose to 49.8 in March from 49.7 in February.

    Previous Month:
    The S&P Global Canada Manufacturing PMI rose to 49.7 in February of 2024 from 48.3 in the previous month.
  • Canadian International Merchandise Trade: 8:30am

    Thursday, April 4, 2024

    For: Feb

    Current Month:
    Exports increased 5.8%, while imports rose 4.6%. As a result, Canada's merchandise trade surplus with the world widened from $608 million in January to $1.4 billion in February.

    Previous Month:
    In January, Canada's merchandise imports decreased 3.8%, while exports fell 1.7%. As a result, Canada's merchandise trade balance changed position for a second consecutive month, moving from a deficit of $863 million in December to a surplus of $496 million in January.
  • Labour Force Survey: 8:30am

    Friday, April 5, 2024

    For: Mar

    Current Month:
    Employment was little changed in March (-2,200; -0.0%). The unemployment rate rose 0.3 percentage points to 6.1% in March

    Previous Month:
    Employment rose by 41,000 in February. The unemployment rate increased 0.1 percentage points to 5.8%, offsetting a decline in January.
  • IVEY Purchasing Managers Index: 10:00am

    Friday, April 5, 2024

    For: Mar

    Current Month:
    The index jumped to 57.5 in March from 53.9 in February, but was a down from March 2023's reading of 58.2.

    Previous Month:
    The index skidded to 53.9 in February from 56.5 in January but rose from February 2023's reading of 51.6.
  • BoC Interest Rate Decision: 10:00am

    Wednesday, April 10, 2024

    For: Apr

    Current Month:
    The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.

    Previous Month:
    The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.
  • Building Permits: 8:30am

    Wednesday, April 10, 2024

    For: Feb

    Current Month:
    The total monthly value of building permits in Canada increased 9.3% from January to $11.8 billion in February.

    Previous Month:
    The total monthly value of building permits in Canada increased 13.5% from December to $10.8 billion in January.
  • Wholesale Trade: 8:30am

    Monday, April 15, 2024

    For: Feb

    Current Month:
    Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) were essentially unchanged (+0.0%), at $82.2 billion in February.

    Previous Month:
    Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) grew 0.1% to $82.4 billion in January.
  • New Motor Vehicle Sales: 7:30am

    Monday, April 15, 2024

    For: Feb

    Current Month:
    Statistics Canada said motor vehicle sales zoomed to 137,690 in March, from 116,870 in the prior-year month.

    Previous Month:
    New motor vehicle sales registered at 116,870, compared to 128,830 in the same month the year before.
  • CREAstats - MLS Sales: 8:30am

    Monday, April 15, 2024

    For: Mar

    Current Month:
    National home sales edged up 0.5% month-over-month in March. Actual (not seasonally adjusted) monthly activity came in 1.7% above March 2023.

    Previous Month:
    Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a streak of five declines that began last fall.
  • Monthly Survey of Manufacturing: 8:30am

    Monday, April 15, 2024

    For: Feb

    Current Month:
    Manufacturing sales increased 0.7% in February, led by the petroleum and coal product subsector as well as the electrical equipment, appliance and component subsector.

    Previous Month:
    Manufacturing sales rose 0.2% in January, mainly on higher sales of motor vehicles and chemical products.
  • Consumer Price Index: 8:30am

    Tuesday, April 16, 2024

    For: Mar

    Current Month:
    The Consumer Price Index (CPI) rose 2.9% on a year-over-year basis in March, up from a 2.8% gain in February. On a seasonally adjusted monthly basis, the CPI rose 0.3% in March.

    Previous Month:
    The Consumer Price Index (CPI) rose 2.8% on a year-over-year basis in February, down from a 2.9% gain in January. On a seasonally adjusted monthly basis, the CPI rose 0.1% in February.
  • Housing Starts: 8:15am

    Tuesday, April 16, 2024

    For: Mar

    Current Month:
    Housing starts totaled 242,200 in March, compared to 260,000 in the prior-year month.

    Previous Month:
    Housing starts totaled 253,000 in February, compared to 223,200 in the same month last year.
  • Canada's International Transactions in Securities: 8:30am

    Wednesday, April 17, 2024

    For: Feb

    Current Month:
    Canadian investors acquired $24.2 billion of foreign securities in February, led by an all-time high investment in foreign bonds. Meanwhile, foreign investors reduced their exposure to Canadian securities by $8.8 billion, led by a record divestment in government short-term debt securities.

    Previous Month:
    Foreign investment in Canadian securities amounted to $8.9 billion in January, led by acquisitions of government debt securities. Meanwhile, Canadian investors reduced their holdings of foreign securities by $7.6 billion, led by sales of equity securities.
  • Raw Materials Price Index: 8:30am

    Monday, April 22, 2024

    For: Mar

    Current Month:
    ---

    Previous Month:
    The index increased 2.1% month over month in February 2024 and decreased 4.7% year over year.
  • Industrial Product Price Index: 8:30am

    Monday, April 22, 2024

    For: Mar

    Current Month:
    ---

    Previous Month:
    The index rose 0.7% on a monthly basis in February and fell 1.7% relative to February 2023.
  • Retail Trade: 8:30am

    Wednesday, April 24, 2024

    For: Feb

    Current Month:
    ---

    Previous Month:
    Retail sales decreased 0.3% to $67.0 billion in January. Sales were down in three of nine subsectors and were led by decreases at motor vehicle and parts dealers
  • New Housing Price Index: 8:30am

    Wednesday, April 24, 2024

    For: Mar

    Current Month:
    ---

    Previous Month:
    The national index edged up 0.1% month over month in February.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, April 25, 2024

    For: Feb

    Current Month:
    ---

    Previous Month:
    The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—increased by 39,800 (+0.2%) in January.
  • GDP: 8:30am

    Tuesday, April 30, 2024

    For: Feb

    Current Month:
    ---

    Previous Month:
    Real gross domestic product rose 0.6% in January as both services-producing and goods-producing industries posted gains