| Date | Statistic | For | Current Month | Previous Month |
| Thursday, January 2, 2025 | Markit Canada Manufacturing PMI 9:30 a.m. | Dec | The S&P Global Canada Manufacturing PMI rose to 52.2 in December 2024, up from 52 in November and exceeding market estimates of 51.9. | 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. |
| Tuesday, January 7, 2025 | IVEY Purchasing Managers Index: 10:00am | Nov | The index moved ahead to 54.7 in December, from 52.3 in November, well off the 56.3 reading of December 2023. | The index nicked ahead to 52.3 in November, from 52 in October, well off the 54.7 reading of November 2023. |
| Tuesday, January 7, 2025 | Canadian International Merchandise Trade: 8:30am | Nov | In November, Canada's merchandise exports increased 2.2% and imports rose 1.8%. As a result, Canada's merchandise trade deficit with the world narrowed from $544 million in October to $323 million in November. | 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. |
| Friday, January 10, 2025 | Labour Force Survey: 8:30am | Dec | Employment rose by 91,000 (+0.4%) in December. The unemployment rate declined 0.1 percentage points to 6.7%. | 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. |
| Friday, January 10, 2025 | Building Permits: 8:30am | Nov | The total value of building permits issued in Canada decreased by $739.5 million (-5.9%) to $11.7 billion in November. | The total value of building permits issued in Canada decreased by $399.1 million (-3.1%) to $12.6 billion in October. |
| Wednesday, January 15, 2025 | CREAstats - MLS Sales: 8:30am | Dec | National home sales fell 5.8% month-over-month. Actual (not seasonally adjusted) monthly activity came in 19.2% above December 2023. | Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.0% to $83.7 billion in October. |
| Wednesday, January 15, 2025 | Wholesale Trade: 8:30am | Nov | Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) fell 0.2% to $83.7 billion in November. | 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. |
| Wednesday, January 15, 2025 | New Motor Vehicle Sales: 7:30am | Nov | Motor vehicle sales declined in November to 160,900 from 164,800 in October. | Motor vehicle sales registered at 163,600 in October, less than the 166,600 figures from August |
| Wednesday, January 15, 2025 | Monthly Survey of Manufacturing: 8:30am | Nov | Total manufacturing sales increased 0.8% in November, mainly on higher production of aerospace products and parts as well as sales of petroleum and coal products. Sales of motor vehicle parts declined the most. | 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. |
| Thursday, January 16, 2025 | Housing Starts: 8:15am | Dec | Housing starts in Canada plunged by 13.35% month-over-month to 231,500 units in December 2024, the lowest level in three months and below market expectations of 245,000 units, according to the Canada Mortgage and Housing Corporation. | Canada Mortgage and Housing Corporation reported home sales totaling 252,400 in November, compared to 242,200 in the same month last year. |
| Friday, January 17, 2025 | Canada's International Transactions in Securities: 8:30am | Nov | Canadian investors increased their exposure to foreign securities by $17.8 billion in November, the highest investment since March 2024. Meanwhile, foreign investors acquired $16.4 billion of Canadian securities, led by an unprecedented investment in money market instruments. | 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. |
| Tuesday, January 21, 2025 | Consumer Price Index: 8:30am | Dec | CPI rose 1.8% on a year-over-year basis in December, down from a 1.9% increase in November. On a seasonally adjusted monthly basis, the CPI rose 0.2% in December. | 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. |
| Wednesday, January 22, 2025 | Industrial Product Price Index: 8:30am | Dec | The Industrial Product Price Index rose 0.2% month over month in December and increased 4.1% year over year. | The Industrial Product Price Index increased 0.6% month over month in November and rose 2.2% on a yearly basis. |
| Wednesday, January 22, 2025 | Raw Materials Price Index: 8:30am | Dec | The Raw Materials Price Index grew 1.3% on a monthly basis in December and increased 9.1% year over year. | The Raw Materials Price Index declined 0.5% month over month in November and increased 2.0% year over year. |
| Thursday, January 23, 2025 | Retail Trade: 8:30am | Nov | Retail sales were relatively unchanged in November. Sales were down in six out of nine subsectors, led by lower sales at food and beverage retailers. | 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. |
| Friday, January 24, 2025 | New Housing Price Index: 8:30am | Dec | --- | 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. |
| Wednesday, January 29, 2025 | BoC Interest Rate Decision: 10:00am | Jan | --- | 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%. |
| Thursday, January 30, 2025 | Payroll Employment, Earnings and Hours: 8:30am | Nov | --- | 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. |
| Friday, January 31, 2025 | GDP: 8:30am | Nov | --- | Real gross domestic product increased 0.3% in October as there were increases in both services-producing and goods-producing industries. |
