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Canadian Economic Calendar - October 2025

DateStatisticForCurrent MonthPrevious Month
Wednesday, October 1, 2025Markit Canada Manufacturing PMI 9:30 a.m. SeptManufacturing PMI in Canada decreased to 47.70 points in September from 48.30 points in August of 2025. Manufacturing PMI in Canada averaged 52.06 points from 2011 until 2025, reaching an all time high of 58.90 points in March of 2022 and a record low of 33 points in April 2020.The S&P Global Canada Manufacturing PMI rose to 48.3 in August 2025 from 46.1 in the previous month, but continued to reflect a contraction in the Canadian private-sector factory activity.
Tuesday, October 7, 2025IVEY Purchasing Managers Index: 10:00amSeptThe index vaulted to 59.8 in September, from 50.1 in August, also improving on the 53.1 reading for September 2024.The index collapsed to 50.1 in August, from 55.8 in July but much higher than the 48.2 reading for August 2024.
Tuesday, October 7, 2025Canadian International Merchandise Trade: 8:30amAugIn August, Canada's merchandise exports fell 3.0%, while imports were up 0.9%. As a result, Canada's merchandise trade deficit with the world widened from $3.8 billion in July to $6.3 billion in August.In July, Canada's merchandise exports rose 0.9%, while imports were down 0.7%. As a result, Canada's merchandise trade deficit with the world narrowed from $6.0 billion in June to $4.9 billion in July.
Friday, October 10, 2025Labour Force Survey: 8:30amSepEmployment increased by 60,000 (+0.3%) in September and the employment rate rose by 0.1 percentage points to 60.6%. The unemployment rate was unchanged at 7.1%.Employment declined by 66,000 (-0.3%) in August, largely the result of a decline in part-time work, and the employment rate fell 0.2 percentage points to 60.5%. The unemployment rate rose 0.2 percentage points to 7.1%.
Tuesday, October 14, 2025Building Permits: 8:30amAugIn August, the total value of building permits issued in Canada was down $139.2 million (-1.2%) to $11.6 billion.In July, the total value of building permits issued in Canada edged down $10.8 million (-0.1%) to $11.9 billion.
Wednesday, October 15, 2025CREA MLS Sales: 8:30amSept The number of home sales recorded over Canadian MLS® Systems declined by 1.7% on a month-over-month basis in September 2025, ending a string of gains that began in April. That said, it was still the best month of September for sales since 2021.The number of home sales recorded over Canadian MLS® Systems edged up 1.1% on a month-over-month basis in August 2025. It was the best month of August for sales since 2021, and the fifth straight monthly increase in activity, making for a cumulative 12.5% since March.
Wednesday, October 15, 2025Wholesale Trade: 8:30amAugWholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) declined 1.2% to $85.4 billion in August.Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.2% to $86.0 billion in July.
Wednesday, October 15, 2025New Motor Vehicle Sales: 7:30amAugThere were 167,017 new motor vehicles sold in Canada in August, increasing 0.5% from August 2024. In dollar terms, sales decreased 1.7% in August 2025. Sales of new passenger cars increased 1.0% from one year earlier, the third consecutive monthly increase for this subsector. There were also more sales of trucks (+0.4%).There were 179,814 new motor vehicles sold in Canada in July 2025, increasing 6.8% from July 2024. Sales in dollar terms were up 4.7% over the same period. Gains were observed in both the passenger cars (+11.1%) and trucks (+6.2%) subsegments.
Wednesday, October 15, 2025Monthly Survey of Manufacturing: 8:30amAugManufacturing sales decreased 1.0% in August, driven largely by lower sales in the transportation equipment and food subsectors.Manufacturing sales increased 2.5% in July, driven primarily by higher sales in the transportation equipment, petroleum and coal product, and primary metal subsectors.
Thursday, October 16, 2025Housing Starts: 8:15amSeptThe six-month trend in housing starts increased (4.1%) in September (277,147 units), according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada.The six-month trend in housing starts increased (1.6%) in August (267,259 units), according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada.
Friday, October 17, 2025Canada's International Transactions in Securities: 8:30amAugForeign investors acquired $25.9 billion of Canadian securities in August, led by purchases of debt instruments. Meanwhile, Canadian investors added $19.5 billion of foreign securities to their portfolio, led by investment in sharesForeign investors acquired $26.7 billion of Canadian securities in July, led by purchases of federal government debt instruments and equity securities. Meanwhile, Canadian investors added $17.4 billion of foreign securities to their portfolio, including a record investment in foreign bonds.
Monday, October 20, 2025Industrial Product Price Index: 8:30amSeptThe Industrial Product Price Index increased 0.8% month over month in September and gained 5.5% year over year.In August, the Industrial Product Price Index increased 0.5% month over month and gained 4.0% year over year.
Monday, October 20, 2025Raw Materials Price Index: 8:30amSeptThe index increased 1.7% month over month and rose 8.4% year over year.The index declined 0.6% month over month and rose 3.2% year over year.
Tuesday, October 21, 2025Consumer Price Index: 8:30amSeptThe Consumer Price Index (CPI) rose 2.4% year over year in September, up from a 1.9% increase in August. On a seasonally adjusted monthly basis, the CPI rose 0.4% in September.The Consumer Price Index (CPI) rose 1.9% year over year in August, up from a 1.7% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.2% in August.
Thursday, October 23, 2025Retail Trade: 8:30amAugRetail sales increased 1.0% to $70.4 billion in August. Sales were up in six of nine subsectors and were led by increases at motor vehicle and parts dealers.Retail sales decreased 0.8% to $69.6 billion in July. Sales were down in eight of nine subsectors and were led by decreases at food and beverage retailers.
Monday, October 27, 2025New Housing Price Index: 8:30amSept---Statistics Canada’s housing price index decreased 0.3% in August, compared to a loss of 0.1% in the month before.
Wednesday, October 29, 2025BoC Interest Rate Decision: 9:45amOct---The Bank of Canada reduced its benchmark interest rate by 25 basis points on Wednesday, a move observers had almost universally expected amid various signs of economic weakness.
Thursday, October 30, 2025Payroll Employment, Earnings and Hours: 8:30amAug---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 21,600 (+0.1%) in July, following a decline of 9,100 (-0.1%) in June.
Friday, October 31, 2025GDP: 8:30amAug---Real gross domestic product rose 0.2% in July, up for the first time in four months.
  • Markit Canada Manufacturing PMI 9:30 a.m.

    Wednesday, October 1, 2025

    For: Sept

    Current Month:
    Manufacturing PMI in Canada decreased to 47.70 points in September from 48.30 points in August of 2025. Manufacturing PMI in Canada averaged 52.06 points from 2011 until 2025, reaching an all time high of 58.90 points in March of 2022 and a record low of 33 points in April 2020.

    Previous Month:
    The S&P Global Canada Manufacturing PMI rose to 48.3 in August 2025 from 46.1 in the previous month, but continued to reflect a contraction in the Canadian private-sector factory activity.
  • IVEY Purchasing Managers Index: 10:00am

    Tuesday, October 7, 2025

    For: Sept

    Current Month:
    The index vaulted to 59.8 in September, from 50.1 in August, also improving on the 53.1 reading for September 2024.

    Previous Month:
    The index collapsed to 50.1 in August, from 55.8 in July but much higher than the 48.2 reading for August 2024.
  • Canadian International Merchandise Trade: 8:30am

    Tuesday, October 7, 2025

    For: Aug

    Current Month:
    In August, Canada's merchandise exports fell 3.0%, while imports were up 0.9%. As a result, Canada's merchandise trade deficit with the world widened from $3.8 billion in July to $6.3 billion in August.

    Previous Month:
    In July, Canada's merchandise exports rose 0.9%, while imports were down 0.7%. As a result, Canada's merchandise trade deficit with the world narrowed from $6.0 billion in June to $4.9 billion in July.
  • Labour Force Survey: 8:30am

    Friday, October 10, 2025

    For: Sep

    Current Month:
    Employment increased by 60,000 (+0.3%) in September and the employment rate rose by 0.1 percentage points to 60.6%. The unemployment rate was unchanged at 7.1%.

    Previous Month:
    Employment declined by 66,000 (-0.3%) in August, largely the result of a decline in part-time work, and the employment rate fell 0.2 percentage points to 60.5%. The unemployment rate rose 0.2 percentage points to 7.1%.
  • Building Permits: 8:30am

    Tuesday, October 14, 2025

    For: Aug

    Current Month:
    In August, the total value of building permits issued in Canada was down $139.2 million (-1.2%) to $11.6 billion.

    Previous Month:
    In July, the total value of building permits issued in Canada edged down $10.8 million (-0.1%) to $11.9 billion.
  • CREA MLS Sales: 8:30am

    Wednesday, October 15, 2025

    For: Sept

    Current Month:
    The number of home sales recorded over Canadian MLS® Systems declined by 1.7% on a month-over-month basis in September 2025, ending a string of gains that began in April. That said, it was still the best month of September for sales since 2021.

    Previous Month:
    The number of home sales recorded over Canadian MLS® Systems edged up 1.1% on a month-over-month basis in August 2025. It was the best month of August for sales since 2021, and the fifth straight monthly increase in activity, making for a cumulative 12.5% since March.
  • Wholesale Trade: 8:30am

    Wednesday, October 15, 2025

    For: Aug

    Current Month:
    Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) declined 1.2% to $85.4 billion in August.

    Previous Month:
    Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.2% to $86.0 billion in July.
  • New Motor Vehicle Sales: 7:30am

    Wednesday, October 15, 2025

    For: Aug

    Current Month:
    There were 167,017 new motor vehicles sold in Canada in August, increasing 0.5% from August 2024. In dollar terms, sales decreased 1.7% in August 2025. Sales of new passenger cars increased 1.0% from one year earlier, the third consecutive monthly increase for this subsector. There were also more sales of trucks (+0.4%).

    Previous Month:
    There were 179,814 new motor vehicles sold in Canada in July 2025, increasing 6.8% from July 2024. Sales in dollar terms were up 4.7% over the same period. Gains were observed in both the passenger cars (+11.1%) and trucks (+6.2%) subsegments.
  • Monthly Survey of Manufacturing: 8:30am

    Wednesday, October 15, 2025

    For: Aug

    Current Month:
    Manufacturing sales decreased 1.0% in August, driven largely by lower sales in the transportation equipment and food subsectors.

    Previous Month:
    Manufacturing sales increased 2.5% in July, driven primarily by higher sales in the transportation equipment, petroleum and coal product, and primary metal subsectors.
  • Housing Starts: 8:15am

    Thursday, October 16, 2025

    For: Sept

    Current Month:
    The six-month trend in housing starts increased (4.1%) in September (277,147 units), according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada.

    Previous Month:
    The six-month trend in housing starts increased (1.6%) in August (267,259 units), according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada.
  • Canada's International Transactions in Securities: 8:30am

    Friday, October 17, 2025

    For: Aug

    Current Month:
    Foreign investors acquired $25.9 billion of Canadian securities in August, led by purchases of debt instruments. Meanwhile, Canadian investors added $19.5 billion of foreign securities to their portfolio, led by investment in shares

    Previous Month:
    Foreign investors acquired $26.7 billion of Canadian securities in July, led by purchases of federal government debt instruments and equity securities. Meanwhile, Canadian investors added $17.4 billion of foreign securities to their portfolio, including a record investment in foreign bonds.
  • Industrial Product Price Index: 8:30am

    Monday, October 20, 2025

    For: Sept

    Current Month:
    The Industrial Product Price Index increased 0.8% month over month in September and gained 5.5% year over year.

    Previous Month:
    In August, the Industrial Product Price Index increased 0.5% month over month and gained 4.0% year over year.
  • Raw Materials Price Index: 8:30am

    Monday, October 20, 2025

    For: Sept

    Current Month:
    The index increased 1.7% month over month and rose 8.4% year over year.

    Previous Month:
    The index declined 0.6% month over month and rose 3.2% year over year.
  • Consumer Price Index: 8:30am

    Tuesday, October 21, 2025

    For: Sept

    Current Month:
    The Consumer Price Index (CPI) rose 2.4% year over year in September, up from a 1.9% increase in August. On a seasonally adjusted monthly basis, the CPI rose 0.4% in September.

    Previous Month:
    The Consumer Price Index (CPI) rose 1.9% year over year in August, up from a 1.7% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.2% in August.
  • Retail Trade: 8:30am

    Thursday, October 23, 2025

    For: Aug

    Current Month:
    Retail sales increased 1.0% to $70.4 billion in August. Sales were up in six of nine subsectors and were led by increases at motor vehicle and parts dealers.

    Previous Month:
    Retail sales decreased 0.8% to $69.6 billion in July. Sales were down in eight of nine subsectors and were led by decreases at food and beverage retailers.
  • New Housing Price Index: 8:30am

    Monday, October 27, 2025

    For: Sept

    Current Month:
    ---

    Previous Month:
    Statistics Canada’s housing price index decreased 0.3% in August, compared to a loss of 0.1% in the month before.
  • BoC Interest Rate Decision: 9:45am

    Wednesday, October 29, 2025

    For: Oct

    Current Month:
    ---

    Previous Month:
    The Bank of Canada reduced its benchmark interest rate by 25 basis points on Wednesday, a move observers had almost universally expected amid various signs of economic weakness.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, October 30, 2025

    For: Aug

    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 21,600 (+0.1%) in July, following a decline of 9,100 (-0.1%) in June.
  • GDP: 8:30am

    Friday, October 31, 2025

    For: Aug

    Current Month:
    ---

    Previous Month:
    Real gross domestic product rose 0.2% in July, up for the first time in four months.