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Canadian Economic Calendar - May 2026

DateStatisticForCurrent MonthPrevious Month
Friday, May 1, 2026Markit Canada Manufacturing PMI 9:30 a.m. AprThe S&P Global Canada Manufacturing PMI rose to 53.3 in April 2026 from 50.0 in March, marking the strongest improvement in business conditions since June 2022.The PMI fell to 50.0 in March 2026 from 51.0 in the previous month signaling a stagnation of manufacturing sector performance and ending a two-month period of improvement.
Tuesday, May 5, 2026Canadian International Merchandise Trade: 8:30amMarIn March, Canada's merchandise exports posted a strong increase, rising 8.5%, while imports fell 1.6%. As a result, Canada's merchandise trade balance with the world went from a deficit of $5.1 billion in February to a surplus of $1.8 billion in March. This is the first trade surplus since September 2025.In February, Canada's merchandise trade activity increased sharply, with imports rising 8.4% and exports increasing 6.4%. As a result, Canada's merchandise trade deficit with the world widened from $4.2 billion in January to $5.7 billion in February.
Wednesday, May 6, 2026IVEY Purchasing Managers Index: 10:00amAprThe index rose to 57.7 in April, from 49.7 in March and 47.9 in April 2025The index faltered to 49.7 in March from 56 in February, and from 51.3 in March 2025
Friday, May 8, 2026Labour Force Survey: 8:30amAprEmployment was little changed in April (-18,000; -0.1%) and the unemployment rate increased by 0.2 percentage points to 6.9%, as more people searched for work.Employment was little changed in March (+14,000; +0.1%) and the unemployment rate was unchanged at 6.7%.
Thursday, May 14, 2026Wholesale Trade: 8:30amMarWholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.9% in March.Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 2.0% in February.
Thursday, May 14, 2026New Motor Vehicle Sales: 7:30amMarIn March, 176,500 new motor vehicles were sold in Canada, decreasing 6.6% from March 2025. In dollar terms, sales decreased 3.6% in March 2026 compared with one year earlier. Over the same period, the number of new passenger cars sold fell by 4.3%, while the number of new trucks sold saw a decline of 6.9%.There were 124,004 new motor vehicles sold in Canada in February, decreasing 0.9% from February 2025
Thursday, May 14, 2026CREA MLS Sales: 8:30amAprThe number of home sales recorded over Canadian MLS® Systems was up 0.7% on a month-over-month basis in April 2026. National home sales were almost unchanged (-0.1%) month-over-month.
Friday, May 15, 2026Housing Starts: 8:15amAprThe trend in housing starts increased by 3.2% in April with 256,777 units.The trend in housing starts declined in March to 235,900 from February's 256,005.
Friday, May 15, 2026Canada's International Transactions in Securities: 8:30amMarForeign investors purchased $4.6 billion of Canadian securities in March, the lowest monthly investment since the beginning of 2026. Meanwhile, Canadian investors acquired $3.9 billion of foreign securities, well below the monthly average investment of $16.7 billion during the previous four months.Canadian investors acquired $25.4 billion of foreign securities in February 2026, the largest investment since March 2024. Meanwhile, foreign investors purchased $6.2 billion of Canadian securities, following an unprecedented investment in January.
Friday, May 15, 2026Monthly Survey of Manufacturing: 8:30amMarManufacturing sales rose 3.0% in March, driven largely by increased sales of petroleum and coal products and transportation equipment. On a quarterly basis, total sales edged up 0.1% in the first quarter of 2026.Manufacturing sales increased 3.6% in February, driven largely by higher sales of transportation equipment, machinery, and primary metals. Meanwhile, sales in the chemical subsector posted the largest decline.
Tuesday, May 19, 2026Building Permits: 8:30amMarIn March, the total value of building permits issued in Canada increased $1.3 billion (+10.3%) to $13.5 billionIn February, the total value of building permits issued in Canada decreased by $1.1 billion (-8.4%) to reach $12.1 billion.
Tuesday, May 19, 2026Consumer Price Index: 8:30amAprThe Consumer Price Index (CPI) increased 2.8% year over year in April, up from an increase of 2.4% in March. On a seasonally adjusted monthly basis, the CPI rose 0.3% in April.CPI increased 2.4% year over year in March, up from an increase of 1.8% in February. On a seasonally adjusted monthly basis, the CPI rose 0.5% in March.
Tuesday, May 19, 2026New Housing Price Index: 8:30amAprApril’s new housing price index decreased 0.4%, compared to a drop in March of 0.2%. The index faded 0.2% in March, compared to a gain in February of 0.3%.
Friday, May 22, 2026Industrial Product Price Index: 8:30amAprThe Industrial Product Price Index rose 2.0% month over month in April and increased 11.4% year over year.The Index increased 2.4% month over month in March and gained 7.8% year over year.
Friday, May 22, 2026Raw Materials Price Index: 8:30amAprThe index gained 2.6% month over month and rose 31.6% year over year.The raw materials price index increased by 12.0% month over month and rose 23.6% year over year.
Friday, May 22, 2026Retail Trade: 8:30amMarRetail sales increased 0.9% to $72.7 billion in March. Sales increased in four of nine subsectors, led by gasoline stations and fuel vendors.Retail sales increased 0.7% to $72.1 billion in February. Sales were up in seven of nine subsectors, led by increases at motor vehicle and parts dealers.
Thursday, May 28, 2026Payroll Employment, Earnings and Hours: 8:30amMarThe number of employees receiving pay and benefits from their employer edged down by 31,800 (-0.2%) in March, bringing the cumulative decline since February to 69,900 (-0.4%).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 60,200 (-0.3%) in February, following an increase of 44,300 (+0.2%) in January. On a year-over-year basis, payroll employment was virtually unchanged in February.
Friday, May 29, 2026GDP: 8:30amMar---Real gross domestic product rose 0.2% in February, up for a fourth consecutive month.
Wednesday, June 10, 2026BoC Interest Rate Decision: 9:45amJune---The Bank of Canada (BoC) held its key interest rate at 2.25%. The Bank Rate remains at 2.5%, while the deposit rate is 2.2%.
  • Markit Canada Manufacturing PMI 9:30 a.m.

    Friday, May 1, 2026

    For: Apr

    Current Month:
    The S&P Global Canada Manufacturing PMI rose to 53.3 in April 2026 from 50.0 in March, marking the strongest improvement in business conditions since June 2022.

    Previous Month:
    The PMI fell to 50.0 in March 2026 from 51.0 in the previous month signaling a stagnation of manufacturing sector performance and ending a two-month period of improvement.
  • Canadian International Merchandise Trade: 8:30am

    Tuesday, May 5, 2026

    For: Mar

    Current Month:
    In March, Canada's merchandise exports posted a strong increase, rising 8.5%, while imports fell 1.6%. As a result, Canada's merchandise trade balance with the world went from a deficit of $5.1 billion in February to a surplus of $1.8 billion in March. This is the first trade surplus since September 2025.

    Previous Month:
    In February, Canada's merchandise trade activity increased sharply, with imports rising 8.4% and exports increasing 6.4%. As a result, Canada's merchandise trade deficit with the world widened from $4.2 billion in January to $5.7 billion in February.
  • IVEY Purchasing Managers Index: 10:00am

    Wednesday, May 6, 2026

    For: Apr

    Current Month:
    The index rose to 57.7 in April, from 49.7 in March and 47.9 in April 2025

    Previous Month:
    The index faltered to 49.7 in March from 56 in February, and from 51.3 in March 2025
  • Labour Force Survey: 8:30am

    Friday, May 8, 2026

    For: Apr

    Current Month:
    Employment was little changed in April (-18,000; -0.1%) and the unemployment rate increased by 0.2 percentage points to 6.9%, as more people searched for work.

    Previous Month:
    Employment was little changed in March (+14,000; +0.1%) and the unemployment rate was unchanged at 6.7%.
  • Wholesale Trade: 8:30am

    Thursday, May 14, 2026

    For: Mar

    Current Month:
    Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.9% in March.

    Previous Month:
    Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 2.0% in February.
  • New Motor Vehicle Sales: 7:30am

    Thursday, May 14, 2026

    For: Mar

    Current Month:
    In March, 176,500 new motor vehicles were sold in Canada, decreasing 6.6% from March 2025. In dollar terms, sales decreased 3.6% in March 2026 compared with one year earlier. Over the same period, the number of new passenger cars sold fell by 4.3%, while the number of new trucks sold saw a decline of 6.9%.

    Previous Month:
    There were 124,004 new motor vehicles sold in Canada in February, decreasing 0.9% from February 2025
  • CREA MLS Sales: 8:30am

    Thursday, May 14, 2026

    For: Apr

    Current Month:
    The number of home sales recorded over Canadian MLS® Systems was up 0.7% on a month-over-month basis in April 2026.

    Previous Month:
    National home sales were almost unchanged (-0.1%) month-over-month.
  • Housing Starts: 8:15am

    Friday, May 15, 2026

    For: Apr

    Current Month:
    The trend in housing starts increased by 3.2% in April with 256,777 units.

    Previous Month:
    The trend in housing starts declined in March to 235,900 from February's 256,005.
  • Canada's International Transactions in Securities: 8:30am

    Friday, May 15, 2026

    For: Mar

    Current Month:
    Foreign investors purchased $4.6 billion of Canadian securities in March, the lowest monthly investment since the beginning of 2026. Meanwhile, Canadian investors acquired $3.9 billion of foreign securities, well below the monthly average investment of $16.7 billion during the previous four months.

    Previous Month:
    Canadian investors acquired $25.4 billion of foreign securities in February 2026, the largest investment since March 2024. Meanwhile, foreign investors purchased $6.2 billion of Canadian securities, following an unprecedented investment in January.
  • Monthly Survey of Manufacturing: 8:30am

    Friday, May 15, 2026

    For: Mar

    Current Month:
    Manufacturing sales rose 3.0% in March, driven largely by increased sales of petroleum and coal products and transportation equipment. On a quarterly basis, total sales edged up 0.1% in the first quarter of 2026.

    Previous Month:
    Manufacturing sales increased 3.6% in February, driven largely by higher sales of transportation equipment, machinery, and primary metals. Meanwhile, sales in the chemical subsector posted the largest decline.
  • Building Permits: 8:30am

    Tuesday, May 19, 2026

    For: Mar

    Current Month:
    In March, the total value of building permits issued in Canada increased $1.3 billion (+10.3%) to $13.5 billion

    Previous Month:
    In February, the total value of building permits issued in Canada decreased by $1.1 billion (-8.4%) to reach $12.1 billion.
  • Consumer Price Index: 8:30am

    Tuesday, May 19, 2026

    For: Apr

    Current Month:
    The Consumer Price Index (CPI) increased 2.8% year over year in April, up from an increase of 2.4% in March. On a seasonally adjusted monthly basis, the CPI rose 0.3% in April.

    Previous Month:
    CPI increased 2.4% year over year in March, up from an increase of 1.8% in February. On a seasonally adjusted monthly basis, the CPI rose 0.5% in March.
  • New Housing Price Index: 8:30am

    Tuesday, May 19, 2026

    For: Apr

    Current Month:
    April’s new housing price index decreased 0.4%, compared to a drop in March of 0.2%.

    Previous Month:
    The index faded 0.2% in March, compared to a gain in February of 0.3%.
  • Industrial Product Price Index: 8:30am

    Friday, May 22, 2026

    For: Apr

    Current Month:
    The Industrial Product Price Index rose 2.0% month over month in April and increased 11.4% year over year.

    Previous Month:
    The Index increased 2.4% month over month in March and gained 7.8% year over year.
  • Raw Materials Price Index: 8:30am

    Friday, May 22, 2026

    For: Apr

    Current Month:
    The index gained 2.6% month over month and rose 31.6% year over year.

    Previous Month:
    The raw materials price index increased by 12.0% month over month and rose 23.6% year over year.
  • Retail Trade: 8:30am

    Friday, May 22, 2026

    For: Mar

    Current Month:
    Retail sales increased 0.9% to $72.7 billion in March. Sales increased in four of nine subsectors, led by gasoline stations and fuel vendors.

    Previous Month:
    Retail sales increased 0.7% to $72.1 billion in February. Sales were up in seven of nine subsectors, led by increases at motor vehicle and parts dealers.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, May 28, 2026

    For: Mar

    Current Month:
    The number of employees receiving pay and benefits from their employer edged down by 31,800 (-0.2%) in March, bringing the cumulative decline since February to 69,900 (-0.4%).

    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—decreased by 60,200 (-0.3%) in February, following an increase of 44,300 (+0.2%) in January. On a year-over-year basis, payroll employment was virtually unchanged in February.
  • GDP: 8:30am

    Friday, May 29, 2026

    For: Mar

    Current Month:
    ---

    Previous Month:
    Real gross domestic product rose 0.2% in February, up for a fourth consecutive month.
  • BoC Interest Rate Decision: 9:45am

    Wednesday, June 10, 2026

    For: June

    Current Month:
    ---

    Previous Month:
    The Bank of Canada (BoC) held its key interest rate at 2.25%. The Bank Rate remains at 2.5%, while the deposit rate is 2.2%.