Date | Statistic | For | Current Month | Previous Month |
Monday, December 2, 2024 | Markit Canada Manufacturing PMI 9:30 a.m. | Nov | The seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index™ (PMI®) remained above the crucial 50.0 no-change mark for a third successive month in November, improving to 52.0, from 51.1 in October, the rate of growth also improved to its highest since February 2023. | Manufacturing PMI in Canada increased to 51.10 points in October from 50.40 points in September. Manufacturing PMI in Canada averaged 52.33 points from 2011 until 2024, reaching an all time high of 58.90 points in March of 2022 and a record low of 33 points in April of 2020. |
Thursday, December 5, 2024 | IVEY Purchasing Managers Index: 10:00am | Nov | The index nicked ahead to 52.3 in November, from 52 in October, well off the 54.7 reading of November 2023. | The index registered at 52 in October, down from the 53.1 figure in September. and was below the 53.4 number for October 2023. |
Thursday, December 5, 2024 | Canadian International Merchandise Trade: 8:30am | Oct | In October, Canada's merchandise exports increased 1.1% and imports rose 0.5%. As a result, Canada's merchandise trade deficit with the world narrowed from $1.3 billion in September to $924 million in October. | In September, Canada's merchandise exports decreased 0.1%, while imports fell 0.4%. Consequently, Canada's merchandise trade deficit with the world narrowed from $1.5 billion in August to $1.3 billion in September. |
Friday, December 6, 2024 | Labour Force Survey: 8:30am | Nov | Statistics Canada says the economy created 51,000 (+0.2%) in November. The unemployment rate rose 0.3 percentage points to 6.8%, as more people looked for work. | Employment was little changed in October (+15,000; +0.1%) and the employment rate fell 0.1 percentage points to 60.6%. The unemployment rate was unchanged at 6.5%. |
Wednesday, December 11, 2024 | BoC Interest Rate Decision: 10:00am | Dec | The Bank of Canada cut its key interest rate by 50 basis points to 3.25%. The Bank Rate is now 3.75% and the deposit rate is 3.25%. | The Bank of Canada cut its benchmark interest rate by 50 basis points on Wednesday, the fourth consecutive decrease since June, bringing its policy rate to 3.75% |
Thursday, December 12, 2024 | Building Permits: 8:30am | Oct | The total value of building permits issued in Canada decreased by $399.1 million (-3.1%) to $12.6 billion in October. | The total value of building permits in Canada increased by $1.3 billion (+11.5%) to $13.0 billion in September. |
Friday, December 13, 2024 | Monthly Survey of Manufacturing: 8:30am | Oct | Total manufacturing sales increased 2.1% in October, mainly on higher sales of petroleum and coal products as well as of transportation equipment. Sales in the paper subsector declined the most. | Manufacturing sales declined 0.5% in September, mainly on lower sales of petroleum and coal products as well as lower production of aerospace products and parts. |
Friday, December 13, 2024 | Wholesale Trade: 8:30am | Oct | Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.0% to $83.7 billion in October. | Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 0.8% to $82.3 billion in September. |
Friday, December 13, 2024 | New Motor Vehicle Sales: 7:30am | Oct | Motor vehicle sales registered at 163,600 in October, less than the 166,600 figures from August | New motor vehicle sales totaled 168,500 in September, slightly better than August's 166,000 |
Monday, December 16, 2024 | CREAstats - MLS Sales: 8:30am | Nov | Figures released Monday by the Canadian Real Estate Association showed national home sales rose 2.8% month-over-month. Actual (not seasonally adjusted) monthly activity came in 26% above November 2023. | Home sales activity recorded over Canadian MLS® Systems increased 7.7% on a month-over-month basis in October 2024, reaching its highest level since April 2022. |
Monday, December 16, 2024 | Housing Starts: 8:15am | Nov | Canada Mortgage and Housing Corporation reported home sales totaling 252,400 in November, compared to 242,200 in the same month last year. | Canada Mortgage and Housing Corporation reported October housing starts increased 240,800 from 223,400 last year |
Tuesday, December 17, 2024 | Canada's International Transactions in Securities: 8:30am | Oct | Foreign investors increased their exposure to Canadian securities by $21.5 billion in October, a second consecutive month marked by significant investment activity. Meanwhile, Canadian investors reduced their holdings of foreign securities by $2.6 billion, the first divestment since January. | Foreign investors increased their exposure to Canadian securities by $29.3 billion in September, the largest investment since April. Meanwhile, Canadian acquisitions of foreign securities slowed to $4.1 billion, down from a $12.3 billion investment in August. |
Tuesday, December 17, 2024 | New Housing Price Index: 8:30am | Nov | The national index edged up 0.1% on a month-over-month basis in November. Prices were up in 8 of the 27 census metropolitan areas (CMAs) surveyed, while prices were unchanged in 15 CMAs and declined in 4. | On a monthly basis, the New Housing Price Index (NHPI) fell 0.4% in October, the largest monthly decline since April 2009. |
Tuesday, December 17, 2024 | Consumer Price Index: 8:30am | Nov | The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in November, down from a 2.0% increase in October. On a seasonally adjusted monthly basis, the CPI rose 0.1% in November. | The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in October, up from a 1.6% increase in September. On a seasonally adjusted monthly basis, the CPI rose 0.3% in October. |
Thursday, December 19, 2024 | Payroll Employment, Earnings and Hours: 8:30am | Oct | The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—fell by 21,100 (-0.1%) in October, following little change in September and August. | The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—fell by 57,400 (-0.3%) in September, following little change in August and an increase of 39,500 (+0.2%) in July. On a year-over-year basis, payroll employment was up 94,900 (+0.5%) in September. |
Friday, December 20, 2024 | Retail Trade: 8:30am | Oct | Retail sales increased 0.6% to $67.6 billion in October. Sales were up in five of nine subsectors and were led by increases at motor vehicle and parts dealers. | Retail sales increased 0.4% to $66.9 billion in September. |
Monday, December 23, 2024 | Industrial Product Price Index: 8:30am | Nov | The Industrial Product Price Index increased 0.6% month over month in November and rose 2.2% on a yearly basis. | In October, the Industrial Product Price Index rose 1.2% month over month and increased 1.1% year over year. |
Monday, December 23, 2024 | Raw Materials Price Index: 8:30am | Nov | The Raw Materials Price Index declined 0.5% month over month in November and increased 2.0% year over year. | At the same time, the Raw Materials Price Index increased 3.8% month over month and fell 2.8% year over year. |
Monday, December 23, 2024 | GDP: 8:30am | Oct | Real gross domestic product increased 0.3% in October as there were increases in both services-producing and goods-producing industries. | Real gross domestic product edged up 0.1% in September as increases in services-producing industries were partially offset by declines in goods-producing industries. |