Date | Statistic | For | Current Month | Previous Month |
Monday, May 2, 2022 | Markit Canada Manufacturing PMI | April | The Index registered at 56.2 in April, down from March's survey-record high of 58.9. | The IHS Markit Canada Manufacturing PMI rose to a fresh all-time high of 58.9 in March of 2022, from 56.6 in February, , the 21st month in a row with the reading above the 50 threshold. |
Wednesday, May 4, 2022 | Canadian International Merchandise Trade: 8:30am | Mar | Canada's merchandise trade increased substantially in March, with both imports and exports reaching record highs. Imports increased 7.7%, while exports rose 6.3%. As a result, Canada's merchandise trade surplus with the world narrowed from $3.1 billion in February to $2.5 billion in March. | In February, Canada's merchandise imports were up 3.9%, following a 7.5% decline in January. Meanwhile, exports rose 2.8% in February. As a result, Canada's merchandise trade surplus with the world narrowed from $3.1 billion in January to $2.7 billion in February. |
Friday, May 6, 2022 | Labour Force Survey: 8:30am | April | Employment was little changed in April after two consecutive months of growth. The unemployment rate edged down 0.1 percentage points to 5.2%. | Employment rose by 73,000 (+0.4%) in March. The unemployment rate fell 0.2 percentage points to 5.3%, the lowest rate on record since comparable data became available in 1976. |
Friday, May 6, 2022 | IVEY Purchasing Managers Index: 10:00am | April | The index withered to 66.3 in April from 74.2 in March, but improved on the 60.6 figure from April 2021. | The index shot up in March to 74.2 from 60.6 in February, and compared favorably with the 72.9 figure in March 2021. |
Monday, May 9, 2022 | Building Permits: 8:30am | Mar | The total value of building permits in Canada decreased 9.3% in March to $11.7 billion, mainly due to the non-residential sector (-29.5% to $3.7 billion). | The total value of building permits rose 21.0% to a record $12.4 billion in February, with British Columbia (+130.2%) leading the way. |
Sunday, May 15, 2022 | CREAstats - MLS Sales: 8:30am | April | National home sales dropped by 12.6% on a month-over-month basis in April. | National home sales fell back by 5.4% on a month-over-month basis in March, according to the Canadian Real Estate Association. Actual (not seasonally adjusted) monthly activity came in 16.3% below the all-time sales record set in March 2021. |
Monday, May 16, 2022 | Monthly Survey of Manufacturing: 8:30am | Mar | Manufacturing sales rose 2.5% in March, mainly on higher sales of petroleum and coal product, primary metals, and paper products. | Manufacturing sales rose 4.2% in February, mainly on higher sales of motor vehicle, food, and petroleum products. |
Monday, May 16, 2022 | Wholesale Trade: 8:30am | Mar | Wholesale sales rose 0.3% in March to $79.8 billion. | Wholesale sales fell 0.4% in February to $78.8 billion, the first decline since July 2021. |
Tuesday, May 17, 2022 | Housing Starts: 8:15am | April | Housing starts spiked 8% over a month earlier to 267,330 units in April above market expectations of 246,400 units. | Housing starts for March came in at a seasonally adjusted annualized rate of 246,243 units, a 2% decline from 250,246 units in the previous month, according to Canada Mortgage and Housing Corporation |
Tuesday, May 17, 2022 | Canada's International Transactions in Securities: 8:30am | Mar | Foreign investors acquired $46.9 billion of Canadian securities in March, the largest investment since April 2020. At the same time, Canadian investors reduced their holdings of foreign securities by $24.0 billion, following a $9.9 billion divestment in February. | Canadian investors reduced their holdings of foreign securities by $9.7 billion in February, following an $11.4 billion divestment in January. At the same time, foreign investors acquired $7.4 billion of Canadian securities, mainly in the form of corporate bonds. |
Wednesday, May 18, 2022 | Consumer Price Index: 8:30am | April | CPI rose 6.8% on a year-over-year basis in April, up from a 6.7% gain in March. On a seasonally adjusted monthly basis, the CPI increased 0.7% in April. | The Consumer Price Index (CPI) rose 6.7% on a year-over-year basis in March, up from a 5.7% gain in February. On a seasonally adjusted monthly basis, the CPI rose 0.9% in March. |
Thursday, May 19, 2022 | Raw Materials Price Index: 8:30am | April | The Raw Materials Price Index decreased 2.0% on a monthly basis in April and rose 38.4% year over year. | The index was up 11.8% on a monthly basis in March and 42.7% year over year. |
Thursday, May 19, 2022 | Industrial Product Price Index: 8:30am | April | The Industrial Product Price Index rose 0.8% month over month in April and was up 16.4% year over year. | The index rose 4.0% month over month in March., and 18.5%, its biggest gain since December 1974. |
Thursday, May 19, 2022 | New Housing Price Index: 8:30am | April | In April, new home prices for Canada showed some signs of cooling from their average increase of 1.1% in the first three months of the year, as they rose 0.3% compared with March. | In March, new home prices for Canada rose 1.2% compared with February. Prices were up in 18 of the 27 census metropolitan areas (CMAs) surveyed and unchanged in 9 from February to March. |
Thursday, May 26, 2022 | Retail Trade: 8:30am | Mar | Retail sales were virtually unchanged in March. Sales were up in 10 of 11 subsectors, led by higher sales at gasoline stations. | Retail sales edged up 0.1% to $59.9 billion in February. |
Thursday, May 26, 2022 | Payroll Employment, Earnings and Hours: 8:30am | Mar | The number of employees receiving pay or benefits from their employer—measured by the Survey of Employment, Payrolls and Hours as payroll employment—increased by 118,100 (+0.7%) in March. | The number of employees receiving pay or benefits from their employer—measured in the Survey of Employment, Payrolls and Hours as payroll employment—rose by 142,900 (+0.8%) in February. |
Tuesday, May 31, 2022 | GDP: 8:30am | Mar | --- | Real gross domestic product grew 1.1% in February on broad-based growth. |
Wednesday, June 1, 2022 | BoC Interest Rate Decision: 10:00am | June | --- | The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. |