Canadian Economic Calendar - November 2021

DateStatisticForCurrent MonthPrevious Month
Monday, November 1, 2021Markit Canada Manufacturing PMI: 9:30 amOctThe PMI registered at 57.7 in October, up from 57.0 in September.The IHS Markit Canada Manufacturing Purchasing Managers' Index (PMI) dipped to a seasonally adjusted 57.0 in September from 57.2 in August, but not far off March's record-setting pace of 58.5.
Tuesday, November 2, 2021Building Permits: 8:30amSeptThe total value of building permits rose 4.3% to $10.1 billion in September, led by Ontario (+6.3%). The total value of building permits in Canada decreased 2.1% to $9.7 billion in August.
Thursday, November 4, 2021Canadian International Merchandise Trade: 8:30amSeptThe country posted a trade surplus of $1.86 billion in September as imports fell faster than exports.Canada's merchandise exports increased 0.8% in August, while imports decreased 1.4%. As a result, Canada's merchandise trade balance with the world remained in a surplus position, widening from $736 million in July to $1.9 billion in August.
Friday, November 5, 2021Labour Force Survey: 8:30amOctAfter returning to its pre-pandemic level in September, employment held steady (+31,000; +0.2%) in October.Employment rose by 157,000 (+0.8%) in September, the fourth consecutive monthly increase. The unemployment rate fell by 0.2 percentage points to 6.9%
Friday, November 5, 2021IVEY Purchasing Managers Index: 10:00amOctThe PMI registered at 59.3 for October, down sharply from 70.4 in September, but higher than the 54.5 figure for October 2020.The PMI registered at 70.4 for September, up from 66 in August and 54.3 in September 2020.
Monday, November 15, 2021Wholesale Trade: 8:30amSeptWholesale sales grew 1.0% in September, generated by higher sales of agricultural supplies (part of the miscellaneous subsector) and machinery, equipment and supplies.Wholesale sales increased 0.3% in August, reflecting mixed results among wholesale subsectors.
Monday, November 15, 2021CREAstats - MLS Sales: 8:30amOctNational home sales rose 8.6% on a month-over-month basis in October, according to the Canadian Real Estate Association. National home sales rose 0.9% on a month-over-month basis in September.
Monday, November 15, 2021Monthly Survey of Manufacturing: 8:30amSeptManufacturing sales fell 3.0% in September, mainly attributable to lower sales in the motor vehicle industry.Manufacturing sales rose 0.5% to $60.3 billion in August on higher sales of petroleum and coal, chemicals and primary metals.
Tuesday, November 16, 2021Housing Starts: 8:15amOctThe trend in housing starts was 264,264 units in October, down from 270,661 units in September, according to Canada Mortgage and Housing CorporationCanada Mortgage and Housing Corporation reported housing starts decreased to 251,200 units in September from 262,800 units in August.
Wednesday, November 17, 2021Consumer Price Index: 8:30amOctThe Consumer Price Index (CPI) rose 4.7% on a year-over-year basis in October, up from a 4.4% increase in September. On a seasonally adjusted monthly basis, the CPI rose 0.5% in October.CPI rose 4.4% on a year-over-year basis in September, up from a 4.1% gain in August. On a seasonally adjusted monthly basis, the CPI rose 0.4% in September.
Thursday, November 18, 2021Canada's International Transactions in Securities: 8:30amSeptForeign investment in Canadian securities totaled $20.0 billion in September, led by acquisitions of Canadian corporate debt securities. Meanwhile, Canadian investment in foreign securities reached $17.2 billion, mainly purchases of U.S. shares.Foreign investors acquired $26.3 billion of Canadian securities in August, mainly in the form of debt securities. At the same time, Canadian investors resumed their purchases of foreign securities, adding $15.2 billion worth to their portfolios in August.
Friday, November 19, 2021Retail Trade: 8:30amSeptRetail sales were down 0.6% to $56.6 billion in September.Retail sales were up 2.1% to $57.2 billion in August.
Friday, November 19, 2021New Housing Price Index: 8:30amOctNew home prices increased 0.9% in October nationally, slightly higher than the rise observed over the past four monthsNationally, prices for new homes increased 0.4% in September, with prices up in 13 of the 27 census metropolitan areas surveyed.
Thursday, November 25, 2021Payroll Employment, Earnings and Hours: 8:30amSeptPayroll employment, rose by 91,100 (+0.5%) in September.Payroll employment increased by 59,700 (+0.4%) in August, driven by gains in the services-producing sector in Ontario and Quebec.
Monday, November 29, 2021Industrial Product Price Index: 8:30amOct---The index increased 1.0% month over month in September and 14.9% compared with the same month in 2020.
Monday, November 29, 2021Raw Materials Price Index: 8:30amOct---The index increased 2.5% on a monthly basis in September and 31.9% compared with September 2020.
Tuesday, November 30, 2021GDP: 8:30amSept---Real gross domestic product grew 0.4% in August, led by continued growth in services-producing industries.
Thursday, December 9, 2021BoC Interest Rate Decision: 10:00amDec---The Bank of Canada today held its target for the overnight rate at the effective lower bound of 0.25%, with the Bank Rate at 0.5% and the deposit rate at 0.025%
  • Markit Canada Manufacturing PMI: 9:30 am

    Monday, November 1, 2021

    For: Oct

    Current Month:
    The PMI registered at 57.7 in October, up from 57.0 in September.

    Previous Month:
    The IHS Markit Canada Manufacturing Purchasing Managers' Index (PMI) dipped to a seasonally adjusted 57.0 in September from 57.2 in August, but not far off March's record-setting pace of 58.5.
  • Building Permits: 8:30am

    Tuesday, November 2, 2021

    For: Sept

    Current Month:
    The total value of building permits rose 4.3% to $10.1 billion in September, led by Ontario (+6.3%).

    Previous Month:
    The total value of building permits in Canada decreased 2.1% to $9.7 billion in August.
  • Canadian International Merchandise Trade: 8:30am

    Thursday, November 4, 2021

    For: Sept

    Current Month:
    The country posted a trade surplus of $1.86 billion in September as imports fell faster than exports.

    Previous Month:
    Canada's merchandise exports increased 0.8% in August, while imports decreased 1.4%. As a result, Canada's merchandise trade balance with the world remained in a surplus position, widening from $736 million in July to $1.9 billion in August.
  • Labour Force Survey: 8:30am

    Friday, November 5, 2021

    For: Oct

    Current Month:
    After returning to its pre-pandemic level in September, employment held steady (+31,000; +0.2%) in October.

    Previous Month:
    Employment rose by 157,000 (+0.8%) in September, the fourth consecutive monthly increase. The unemployment rate fell by 0.2 percentage points to 6.9%
  • IVEY Purchasing Managers Index: 10:00am

    Friday, November 5, 2021

    For: Oct

    Current Month:
    The PMI registered at 59.3 for October, down sharply from 70.4 in September, but higher than the 54.5 figure for October 2020.

    Previous Month:
    The PMI registered at 70.4 for September, up from 66 in August and 54.3 in September 2020.
  • Wholesale Trade: 8:30am

    Monday, November 15, 2021

    For: Sept

    Current Month:
    Wholesale sales grew 1.0% in September, generated by higher sales of agricultural supplies (part of the miscellaneous subsector) and machinery, equipment and supplies.

    Previous Month:
    Wholesale sales increased 0.3% in August, reflecting mixed results among wholesale subsectors.
  • CREAstats - MLS Sales: 8:30am

    Monday, November 15, 2021

    For: Oct

    Current Month:
    National home sales rose 8.6% on a month-over-month basis in October, according to the Canadian Real Estate Association.

    Previous Month:
    National home sales rose 0.9% on a month-over-month basis in September.
  • Monthly Survey of Manufacturing: 8:30am

    Monday, November 15, 2021

    For: Sept

    Current Month:
    Manufacturing sales fell 3.0% in September, mainly attributable to lower sales in the motor vehicle industry.

    Previous Month:
    Manufacturing sales rose 0.5% to $60.3 billion in August on higher sales of petroleum and coal, chemicals and primary metals.
  • Housing Starts: 8:15am

    Tuesday, November 16, 2021

    For: Oct

    Current Month:
    The trend in housing starts was 264,264 units in October, down from 270,661 units in September, according to Canada Mortgage and Housing Corporation

    Previous Month:
    Canada Mortgage and Housing Corporation reported housing starts decreased to 251,200 units in September from 262,800 units in August.
  • Consumer Price Index: 8:30am

    Wednesday, November 17, 2021

    For: Oct

    Current Month:
    The Consumer Price Index (CPI) rose 4.7% on a year-over-year basis in October, up from a 4.4% increase in September. On a seasonally adjusted monthly basis, the CPI rose 0.5% in October.

    Previous Month:
    CPI rose 4.4% on a year-over-year basis in September, up from a 4.1% gain in August. On a seasonally adjusted monthly basis, the CPI rose 0.4% in September.
  • Canada's International Transactions in Securities: 8:30am

    Thursday, November 18, 2021

    For: Sept

    Current Month:
    Foreign investment in Canadian securities totaled $20.0 billion in September, led by acquisitions of Canadian corporate debt securities. Meanwhile, Canadian investment in foreign securities reached $17.2 billion, mainly purchases of U.S. shares.

    Previous Month:
    Foreign investors acquired $26.3 billion of Canadian securities in August, mainly in the form of debt securities. At the same time, Canadian investors resumed their purchases of foreign securities, adding $15.2 billion worth to their portfolios in August.
  • Retail Trade: 8:30am

    Friday, November 19, 2021

    For: Sept

    Current Month:
    Retail sales were down 0.6% to $56.6 billion in September.

    Previous Month:
    Retail sales were up 2.1% to $57.2 billion in August.
  • New Housing Price Index: 8:30am

    Friday, November 19, 2021

    For: Oct

    Current Month:
    New home prices increased 0.9% in October nationally, slightly higher than the rise observed over the past four months

    Previous Month:
    Nationally, prices for new homes increased 0.4% in September, with prices up in 13 of the 27 census metropolitan areas surveyed.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, November 25, 2021

    For: Sept

    Current Month:
    Payroll employment, rose by 91,100 (+0.5%) in September.

    Previous Month:
    Payroll employment increased by 59,700 (+0.4%) in August, driven by gains in the services-producing sector in Ontario and Quebec.
  • Industrial Product Price Index: 8:30am

    Monday, November 29, 2021

    For: Oct

    Current Month:
    ---

    Previous Month:
    The index increased 1.0% month over month in September and 14.9% compared with the same month in 2020.
  • Raw Materials Price Index: 8:30am

    Monday, November 29, 2021

    For: Oct

    Current Month:
    ---

    Previous Month:
    The index increased 2.5% on a monthly basis in September and 31.9% compared with September 2020.
  • GDP: 8:30am

    Tuesday, November 30, 2021

    For: Sept

    Current Month:
    ---

    Previous Month:
    Real gross domestic product grew 0.4% in August, led by continued growth in services-producing industries.
  • BoC Interest Rate Decision: 10:00am

    Thursday, December 9, 2021

    For: Dec

    Current Month:
    ---

    Previous Month:
    The Bank of Canada today held its target for the overnight rate at the effective lower bound of 0.25%, with the Bank Rate at 0.5% and the deposit rate at 0.025%