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Canadian Economic Calendar - April 2025

DateStatisticForCurrent MonthPrevious Month
Tuesday, April 1, 2025Markit Canada Manufacturing PMI 9:30 a.m. MarThe index declined to 46.3 from February's 47.8. The S&P Global Canada Manufacturing PMI fell to 47.8 in February of 2025 from 51.6 in the previous month, contrasting sharply with market expectations of 51.9 to mark the first decline in factory activity since August of last year.
Thursday, April 3, 2025Canadian International Merchandise Trade: 8:30amFebIn February, Canada's merchandise exports decreased 5.5%, while imports were up 0.8%. As a result, Canada's merchandise trade balance with the world went from a surplus of $3.1 billion in January to a deficit of $1.5 billion in February.Canada's merchandise exports increased 5.5% while imports were up 2.3%. Canada's merchandise trade surplus with the world widened from a revised $1.7 billion in December to $4.0 billion in January. This was the largest surplus since May 2022.
Friday, April 4, 2025Labour Force Survey: 8:30amMarEmployment fell by 33,000 (-0.2%) in March and the employment rate declined 0.2 percentage points to 60.9%. The unemployment rate rose 0.1 percentage points to 6.7%.Employment was virtually unchanged in February (+1,100; +0.0%) and the employment rate held steady at 61.1%. The unemployment rate was unchanged at 6.6%.
Tuesday, April 8, 2025IVEY Purchasing Managers Index: 10:00amMarThe index registered at 51.3 in March, well off from a February level of 55.3, and from 57.5 in March 2024The index rang in at 55.3 in February from a January level of 47.1, and from 42,9 in February 2024
Thursday, April 10, 2025Building Permits: 8:30amFebIn February, the total value of building permits issued in Canada increased by $371.3 million (+2.9%) to $13.1 billion.In January, the total value of building permits issued in Canada decreased by $425.8 million (-3.2%) from the previous month to $12.8 billion.
Monday, April 14, 2025Wholesale Trade: 8:30amFebWholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 0.3% to $85.7 billion in February.Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.2% to $85.1 billion in January.
Monday, April 14, 2025New Motor Vehicle Sales: 7:30amFebNew motor vehicle sales totalled 125,402 units in February 2025, a decrease of 8.1% compared to the year prior. This decrease was driven by a year-over-year decline to units sold in Ontario (-13.0%) and Quebec (-22.5%).Motor vehicle sales declined to 121,600 from 135,600 in December.
Tuesday, April 15, 2025Consumer Price Index: 8:30amMarThe Consumer Price Index (CPI) rose 2.3% on a year-over-year basis in March, down from a 2.6% increase in February. On a seasonally adjusted monthly basis, the CPI was unchanged in March.The Consumer Price Index rose 2.6% on a year-over-year basis in February, up from a 1.9% increase in January. On a seasonally adjusted monthly basis, the CPI rose 0.7% in February.
Tuesday, April 15, 2025CREAstats - MLS Sales: 8:30amMarNational home sales fell 4.8% month-over-month. Actual (not seasonally adjusted) monthly activity came in 9.3% below March 2024.National home sales dropped 9.8% month-over-month. Actual (not seasonally adjusted) monthly activity came in 10.4% below February 2024.
Tuesday, April 15, 2025Monthly Survey of Manufacturing: 8:30amFebManufacturing sales rose 0.2% in February, mainly on higher sales of primary metals and chemical products. Meanwhile, sales in the petroleum and coal product subsector declined the most.Manufacturing sales rose 1.7% in January, primarily due to higher sales of motor vehicles and petroleum and coal products. Meanwhile, sales of chemical products posted the largest decline.
Tuesday, April 15, 2025Housing Starts: 8:15amMarThe total monthly SAAR of housing starts for all areas in Canada decreased 3.3% in March (214,155 units) compared to February (221,405 units). Actual housing starts were down 12.5% year-over-year in centres with a population of 10,000 or greater, with 14,924 units recorded in March, compared to 17,052 in March 2024Housing starts totaled 229,000 in February, compared to 239,000 in the prior-year month.
Wednesday, April 16, 2025BoC Interest Rate Decision: 10:00amApr---The Bank of Canada reduced its benchmark interest rate by 25 basis points on Wednesday, the seventh consecutive cut, bringing its policy rate to 2.75%.
Thursday, April 17, 2025Canada's International Transactions in Securities: 8:30amFeb---Foreign investors acquired $7.9 billion of Canadian securities in January, led by the highest monthly investment in the Canadian bond market since April 2020. Meanwhile, Canadian investors reduced their holdings of foreign securities by $3.2 billion, mainly of U.S. equity securities.
Tuesday, April 22, 2025Industrial Product Price Index: 8:30amMar---In February, the Industrial Product Price Index grew 0.4% month over month and increased 4.9% year over year.
Tuesday, April 22, 2025Raw Materials Price Index: 8:30amMar---In February, the Raw Materials Price Index increased 0.3% month over month and rose 9.3% year over year.
Wednesday, April 23, 2025New Housing Price Index: 8:30amMar---The national index edged up 0.1% on a month-over-month basis in February, following a decline in the previous month.
Thursday, April 24, 2025Payroll Employment, Earnings and Hours: 8:30amFeb---The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—rose by 26,800 (+0.1%) in January, following an increase of 66,400 (+0.4%) in December 2024. On a year-over-year basis, payroll employment was up 198,900 (+1.1%) in January 2025.
Friday, April 25, 2025Retail Trade: 8:30amFeb---Retail sales decreased 0.6% to $69.4 billion in January. Sales were down in three of nine subsectors and were led by decreases at motor vehicle and parts dealers.
Wednesday, April 30, 2025GDP: 8:30amFeb---Real gross domestic product rose 0.4% in January with increases coming from both goods-producing and services-producing industries.
  • Markit Canada Manufacturing PMI 9:30 a.m.

    Tuesday, April 1, 2025

    For: Mar

    Current Month:
    The index declined to 46.3 from February's 47.8.

    Previous Month:
    The S&P Global Canada Manufacturing PMI fell to 47.8 in February of 2025 from 51.6 in the previous month, contrasting sharply with market expectations of 51.9 to mark the first decline in factory activity since August of last year.
  • Canadian International Merchandise Trade: 8:30am

    Thursday, April 3, 2025

    For: Feb

    Current Month:
    In February, Canada's merchandise exports decreased 5.5%, while imports were up 0.8%. As a result, Canada's merchandise trade balance with the world went from a surplus of $3.1 billion in January to a deficit of $1.5 billion in February.

    Previous Month:
    Canada's merchandise exports increased 5.5% while imports were up 2.3%. Canada's merchandise trade surplus with the world widened from a revised $1.7 billion in December to $4.0 billion in January. This was the largest surplus since May 2022.
  • Labour Force Survey: 8:30am

    Friday, April 4, 2025

    For: Mar

    Current Month:
    Employment fell by 33,000 (-0.2%) in March and the employment rate declined 0.2 percentage points to 60.9%. The unemployment rate rose 0.1 percentage points to 6.7%.

    Previous Month:
    Employment was virtually unchanged in February (+1,100; +0.0%) and the employment rate held steady at 61.1%. The unemployment rate was unchanged at 6.6%.
  • IVEY Purchasing Managers Index: 10:00am

    Tuesday, April 8, 2025

    For: Mar

    Current Month:
    The index registered at 51.3 in March, well off from a February level of 55.3, and from 57.5 in March 2024

    Previous Month:
    The index rang in at 55.3 in February from a January level of 47.1, and from 42,9 in February 2024
  • Building Permits: 8:30am

    Thursday, April 10, 2025

    For: Feb

    Current Month:
    In February, the total value of building permits issued in Canada increased by $371.3 million (+2.9%) to $13.1 billion.

    Previous Month:
    In January, the total value of building permits issued in Canada decreased by $425.8 million (-3.2%) from the previous month to $12.8 billion.
  • Wholesale Trade: 8:30am

    Monday, April 14, 2025

    For: Feb

    Current Month:
    Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 0.3% to $85.7 billion in February.

    Previous Month:
    Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.2% to $85.1 billion in January.
  • New Motor Vehicle Sales: 7:30am

    Monday, April 14, 2025

    For: Feb

    Current Month:
    New motor vehicle sales totalled 125,402 units in February 2025, a decrease of 8.1% compared to the year prior. This decrease was driven by a year-over-year decline to units sold in Ontario (-13.0%) and Quebec (-22.5%).

    Previous Month:
    Motor vehicle sales declined to 121,600 from 135,600 in December.
  • Consumer Price Index: 8:30am

    Tuesday, April 15, 2025

    For: Mar

    Current Month:
    The Consumer Price Index (CPI) rose 2.3% on a year-over-year basis in March, down from a 2.6% increase in February. On a seasonally adjusted monthly basis, the CPI was unchanged in March.

    Previous Month:
    The Consumer Price Index rose 2.6% on a year-over-year basis in February, up from a 1.9% increase in January. On a seasonally adjusted monthly basis, the CPI rose 0.7% in February.
  • CREAstats - MLS Sales: 8:30am

    Tuesday, April 15, 2025

    For: Mar

    Current Month:
    National home sales fell 4.8% month-over-month. Actual (not seasonally adjusted) monthly activity came in 9.3% below March 2024.

    Previous Month:
    National home sales dropped 9.8% month-over-month. Actual (not seasonally adjusted) monthly activity came in 10.4% below February 2024.
  • Monthly Survey of Manufacturing: 8:30am

    Tuesday, April 15, 2025

    For: Feb

    Current Month:
    Manufacturing sales rose 0.2% in February, mainly on higher sales of primary metals and chemical products. Meanwhile, sales in the petroleum and coal product subsector declined the most.

    Previous Month:
    Manufacturing sales rose 1.7% in January, primarily due to higher sales of motor vehicles and petroleum and coal products. Meanwhile, sales of chemical products posted the largest decline.
  • Housing Starts: 8:15am

    Tuesday, April 15, 2025

    For: Mar

    Current Month:
    The total monthly SAAR of housing starts for all areas in Canada decreased 3.3% in March (214,155 units) compared to February (221,405 units). Actual housing starts were down 12.5% year-over-year in centres with a population of 10,000 or greater, with 14,924 units recorded in March, compared to 17,052 in March 2024

    Previous Month:
    Housing starts totaled 229,000 in February, compared to 239,000 in the prior-year month.
  • BoC Interest Rate Decision: 10:00am

    Wednesday, April 16, 2025

    For: Apr

    Current Month:
    ---

    Previous Month:
    The Bank of Canada reduced its benchmark interest rate by 25 basis points on Wednesday, the seventh consecutive cut, bringing its policy rate to 2.75%.
  • Canada's International Transactions in Securities: 8:30am

    Thursday, April 17, 2025

    For: Feb

    Current Month:
    ---

    Previous Month:
    Foreign investors acquired $7.9 billion of Canadian securities in January, led by the highest monthly investment in the Canadian bond market since April 2020. Meanwhile, Canadian investors reduced their holdings of foreign securities by $3.2 billion, mainly of U.S. equity securities.
  • Industrial Product Price Index: 8:30am

    Tuesday, April 22, 2025

    For: Mar

    Current Month:
    ---

    Previous Month:
    In February, the Industrial Product Price Index grew 0.4% month over month and increased 4.9% year over year.
  • Raw Materials Price Index: 8:30am

    Tuesday, April 22, 2025

    For: Mar

    Current Month:
    ---

    Previous Month:
    In February, the Raw Materials Price Index increased 0.3% month over month and rose 9.3% year over year.
  • New Housing Price Index: 8:30am

    Wednesday, April 23, 2025

    For: Mar

    Current Month:
    ---

    Previous Month:
    The national index edged up 0.1% on a month-over-month basis in February, following a decline in the previous month.
  • Payroll Employment, Earnings and Hours: 8:30am

    Thursday, April 24, 2025

    For: Feb

    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—rose by 26,800 (+0.1%) in January, following an increase of 66,400 (+0.4%) in December 2024. On a year-over-year basis, payroll employment was up 198,900 (+1.1%) in January 2025.
  • Retail Trade: 8:30am

    Friday, April 25, 2025

    For: Feb

    Current Month:
    ---

    Previous Month:
    Retail sales decreased 0.6% to $69.4 billion in January. Sales were down in three of nine subsectors and were led by decreases at motor vehicle and parts dealers.
  • GDP: 8:30am

    Wednesday, April 30, 2025

    For: Feb

    Current Month:
    ---

    Previous Month:
    Real gross domestic product rose 0.4% in January with increases coming from both goods-producing and services-producing industries.