| Date | Statistic | For | Current Month | Previous Month |
| Wednesday, July 2, 2025 | Markit Canada Manufacturing PMI 9:30 a.m. | June | The S&P Global Canada Manufacturing PMI fell to 45.6 in June of 2025 from 46.1 in the previous month, still pointing to a fifth successive deterioration in factory activity, pressured by the steepest contraction in output for over five years and another sharp decline in new orders. | The index rose to 46.1 in May of 2025 from 45.3 in the previous month |
| Thursday, July 3, 2025 | Canadian International Merchandise Trade: 8:30am | May | In May, Canada's merchandise exports were up 1.1%, while imports fell 1.6%. As a result, Canada's merchandise trade deficit with the world narrowed from a record $7.6 billion in April to $5.9 billion in May. | In April, Canada's merchandise exports dropped 10.8%, while imports fell 3.5%. As a result, Canada's merchandise trade deficit with the world widened from $2.3 billion in March to $7.1 billion in April. This was the largest deficit on record. |
| Tuesday, July 8, 2025 | IVEY Purchasing Managers Index: 10:00am | June | The index registered at 53.3 in June, down from a 48.9 reading in May, and way off the 62.5 level in June 2024. | The index registered at 48.9 in May, down from a 47.9 reading in April, and way off the 52,0 level in May 2024. |
| Friday, July 11, 2025 | Labour Force Survey: 8:30am | June | Employment increased by 83,000 (+0.4%) in June and the employment rate rose by 0.1 percentage points to 60.9%. The unemployment rate fell 0.1 percentage points to 6.9%. | Employment was little changed in May (+8,800; +0.0%) and the employment rate held steady at 60.8%. The unemployment rate rose 0.1 percentage points to 7.0%. |
| Friday, July 11, 2025 | Building Permits: 8:30am | May | In May, the total value of building permits issued in Canada rose by $1.4 billion (+12.0%) to reach $13.1 billion. | In April, the total value of building permits issued in Canada decreased by $829.6 million (-6.6%) to $11.7 billion. |
| Monday, July 14, 2025 | Wholesale Trade: 8:30am | May | Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) edged up 0.1% to $84.2 billion in May. | Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) fell 2.3% to $84.0 billion in April. |
| Tuesday, July 15, 2025 | New Motor Vehicle Sales: 7:30am | May | There were 194,524 new motor vehicles sold in Canada in May, an increase of 5.0% from May 2024. | Statistics Canada reported 195,659 new motor vehicles were sold in Canada in April, increasing 11.3% from one year earlier. Gains were widespread, with all provinces observing a higher number of units sold. April 2025 represented the month with the highest sales on record in dollar terms, at nearly $10.8 billion. |
| Tuesday, July 15, 2025 | Monthly Survey of Manufacturing: 8:30am | May | Manufacturing sales decreased 0.9% in May, driven by declines in the petroleum and coal product and machinery subsectors. | Manufacturing sales decreased 2.8% in April, the third consecutive monthly decline, driven largely on lower sales of petroleum and coal products, motor vehicles, and primary metals. Excluding the petroleum and coal product subsector, total manufacturing sales were down 1.8%. |
| Tuesday, July 15, 2025 | Consumer Price Index: 8:30am | June | The Consumer Price Index (CPI) rose 1.9% year over year in June, up from a 1.7% increase in May. On a seasonally adjusted monthly basis, the CPI rose 0.2% in June. | CPI rose 1.7% on a year-over-year basis in May, matching the 1.7% increase in April. On a monthly basis, the CPI rose 0.6% in May. On a seasonally adjusted monthly basis, the CPI was up 0.2%.
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| Wednesday, July 16, 2025 | Housing Starts: 8:15am | June | Canada Mortgage and Housing Corporation reported housing starts numbered 283,700 in June, up from 282,700 in May. | The six-month trend in housing starts was flat (0.8%) in May (243,407 units), according to Canada Mortgage and Housing Corporation (CMHC). |
| Wednesday, July 16, 2025 | CREAstats - MLS Sales: 8:30am | June | The number of home sales recorded over Canadian MLS® Systems rose 2.8% on a month-over-month basis in June 2025, building on the 3.5% gain recorded in May. | The number of home sales recorded over Canadian MLS® Systems climbed 3.6% between April and May 2025, marking the first gain in activity since last November. |
| Thursday, July 17, 2025 | Canada's International Transactions in Securities: 8:30am | May | Canadian investors acquired $13.4 billion of foreign securities in May, led by purchases of US shares. Meanwhile, foreign investors reduced their exposure to Canadian securities by $2.8 billion, marking a fourth consecutive monthly divestment. | Canadian investors acquired $4.1 billion of foreign securities in April, led by the highest investment in US government bonds since November 2023. Meanwhile, foreign investors reduced their exposure to Canadian securities by $9.4 billion in April 2025, led by the highest monthly divestment in Canadian bonds since December 2018. |
| Monday, July 21, 2025 | Industrial Product Price Index: 8:30am | June | In June, the Industrial Product Price Index rose 0.4% month over month in and increased 1.7% year over year. | In May, the Industrial Product Price Index declined 0.5% month over month and increased 1.2% year over year. |
| Monday, July 21, 2025 | Raw Materials Price Index: 8:30am | June | The index increased 2.7% month over month in June and grew 1.1% year over year. | The index fell 0.4% month over month and declined 2.8% year over year. |
| Wednesday, July 23, 2025 | New Housing Price Index: 8:30am | June | The national index declined on a month-over-month basis in June (-0.2%), down for the third consecutive month. | The Index month-over-month decreased by 0.20 percent in May from -0.40 percent in April. |
| Thursday, July 24, 2025 | Retail Trade: 8:30am | May | Retail sales decreased 1.1% to $69.2 billion in May. Sales were down in three of nine subsectors and were led by decreases at motor vehicle and parts dealers. | Retail sales increased 0.3% to $70.1 billion in April. Sales were up in six of nine subsectors and were led by increases at motor vehicle and parts dealers. |
| Wednesday, July 30, 2025 | BoC Interest Rate Decision: 9:45am | July | The Bank of Canada held interest rates at 2.75% in July. | The Bank of Canada on Wednesday held its key benchmark rate at 2.75%, citing the need to probe the effects of U.S. trade policy, but said another cut might be necessary if the economy weakened in the face of tariffs. |
| Thursday, July 31, 2025 | Payroll Employment, Earnings and Hours: 8:30am | May | 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 15,300 (+0.1%) in May, after edging up 14,600 (+0.1%) in April. On a year-over-year basis, payroll employment was up 43,300 (+0.2%) in May. | The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—was little changed in April (-6,200), following two consecutive declines in February and March. |
| Thursday, July 31, 2025 | GDP: 8:30am | May | Real gross domestic product (GDP) edged down 0.1% in May for the second consecutive month, as goods-producing industries declined while services-producing industries were essentially unchanged. | Real gross domestic product edged down 0.1% in April, driven in large part by declines in the manufacturing and wholesale trade sectors. |
