Canada Economic Calendar

Economy of Canada

Canada's economy is a highly developed mixed-market economy that ranks ninth in the world. The Canadian dollar (CAD) is the country's official currency and one of the top ten most-traded currencies.

The private sector predominates, but certain sectors (postal services, some electric utilities, and some transportation services) are still state-owned. Although Canadian agriculture is entirely private, to compete with the heavily supported agricultural industries of the European Union (EU) and the United States, Canadian agriculture has grown to rely on government subsidies.

The greatest sources of revenue for the Canadian federal government are personal and corporate income taxes, while its three largest costs are Social Security, Medicare, and the Supplemental Nutrition Assistance Program.

Individual income tax rates in Canada are higher than in the United States, which, along with usually better pay south of the border, drives many professionals to seek work in the United States.

Bank of Canada

The Bank of Canada (BOC) is Canada's central bank, responsible for issuing the Canadian Dollar and responsible for the monetary policy decisions.

Interest Rate of Canada

The Governing Council of the Bank of Canada (BoC) is in charge of setting the overnight rate which is official Interest Rate in Canada. Since 1996, the overnight rate on the money market has been set at the top of a range of rates.

Canada Economic Calendar

Apr 15, 12:15
3h 38min
CAD Housing Starts (Mar)
Medium
229K
242.5K
Apr 15, 12:30
3h 53min
CAD Inflation Rate MoM (Mar)
Medium
1.1%
0.6%
Apr 15, 12:30
3h 53min
CAD CPI Median YoY (Mar)
High
2.9%
3%
Apr 15, 12:30
3h 53min
CAD Manufacturing Sales MoM (Feb)
Low
1.7%
-0.2%
Apr 15, 12:30
3h 53min
CAD Core Inflation Rate YoY (Mar)
Medium
2.7%
2.8%
Apr 15, 12:30
3h 53min
CAD Inflation Rate YoY (Mar)
High
2.6%
2.6%
Apr 15, 12:30
3h 53min
CAD CPI Trimmed-Mean YoY (Mar)
High
2.9%
3%
Apr 15, 12:30
3h 53min
CAD Core Inflation Rate MoM (Mar)
Low
0.7%
0.7%
Apr 16, 13:45
1 day
CAD BoC Interest Rate Decision
High
2.75%
2.75%
Apr 16, 13:45
1 day
CAD BoC Monetary Policy Report
High
Apr 16, 14:30
1 day
CAD BoC Press Conference
Medium
Apr 17, 11:00
2 days
CAD CFIB Business Barometer (Apr)
Low
25
Apr 17, 12:30
2 days
CAD Foreign Securities Purchases by Canadians (Feb)
Low
-C$3.15B
Apr 17, 12:30
2 days
CAD Foreign Securities Purchases (Feb)
Low
C$7.91B
Apr 18, 00:00
2 days
CAD Good Friday
None
Apr 22, 12:30
7 days
CAD PPI YoY (Mar)
Low
4.9%
4.5%
Apr 22, 12:30
7 days
CAD PPI MoM (Mar)
Low
0.4%
0.4%
Apr 22, 12:30
7 days
CAD Raw Materials Prices YoY (Mar)
Low
9.3%
6.5%
Apr 22, 12:30
7 days
CAD Raw Materials Prices MoM (Mar)
Low
0.3%
-0.5%
Apr 23, 12:30
8 days
CAD New Housing Price Index MoM (Mar)
Medium
0.1%
0.1%
Apr 23, 12:30
8 days
CAD New Housing Price Index YoY (Mar)
Medium
0.1%
0.3%
Apr 23, 16:00
8 days
CAD 30-Year Bond Auction
Low
3.229%
Apr 24, 12:30
9 days
CAD Average Weekly Earnings YoY (Feb)
Low
5.5%
5.2%
Apr 24, 16:00
9 days
CAD 5-Year Bond Auction
Low
Apr 25, 12:30
10 days
CAD Manufacturing Sales MoM (Mar)
Low
0.2
Apr 25, 12:30
10 days
CAD Retail Sales YoY (Feb)
High
4.2%
Apr 25, 12:30
10 days
CAD Retail Sales Ex Autos MoM (Feb)
High
Apr 25, 12:30
10 days
CAD Retail Sales MoM (Feb)
High
-0.6%
-0.4%
Apr 25, 12:30
10 days
CAD Retail Sales MoM (Mar)
High
Apr 25, 15:00
10 days
CAD Budget Balance (Feb)
Low
-C$5.13B
C$6B
Apr 28, 12:30
13 days
CAD Wholesale Sales MoM (Mar)
Low
0.3%
0.6%
Apr 30, 12:30
15 days
CAD GDP MoM (Feb)
Medium
Apr 30, 12:30
15 days
CAD GDP MoM (Mar)
Medium
-0.6
Apr 30, 16:00
15 days
CAD 2-Year Bond Auction
Low
May 01, 13:30
16 days
CAD S&P Global Manufacturing PMI (Apr)
High
May 01, 16:00
16 days
CAD 10-Year Bond Auction
Low
May 05, 13:30
20 days
CAD S&P Global Services PMI (Apr)
High
May 05, 13:30
20 days
CAD S&P Global Composite PMI (May)
Low
May 06, 12:30
21 days
CAD Imports (Mar)
Low
May 06, 12:30
21 days
CAD Exports (Mar)
Low
63.1
May 06, 12:30
21 days
CAD Balance of Trade (Mar)
High
-5.4
May 06, 14:00
21 days
CAD Ivey PMI s.a (Apr)
High
May 08, 14:00
23 days
CAD Financial Stability Report
Medium
May 08, 16:00
23 days
CAD 5-Year Bond Auction
Low
May 09, 12:30
24 days
CAD Average Hourly Wages YoY (Apr)
Low
May 09, 12:30
24 days
CAD Full Time Employment Chg (Apr)
Medium
May 09, 12:30
24 days
CAD Part Time Employment Chg (Apr)
Medium
May 09, 12:30
24 days
CAD Participation Rate (Apr)
Medium
May 09, 12:30
24 days
CAD Employment Change (Apr)
High
May 09, 12:30
24 days
CAD Unemployment Rate (Apr)
High
May 14, 12:30
29 days
CAD New Motor Vehicle Sales (Mar)
Low
149
May 14, 12:30
29 days
CAD Building Permits MoM (Mar)
Low
-0.3
May 14, 16:00
29 days
CAD 2-Year Bond Auction
Low
May 15, 11:00
30 days
CAD CFIB Business Barometer (May)
Low
May 15, 12:15
30 days
CAD Housing Starts (Apr)
Medium
May 15, 12:30
30 days
CAD Manufacturing Sales MoM (Mar)
Low
0.2
May 15, 12:30
30 days
CAD Wholesale Sales MoM (Mar)
Low
0.6

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