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.
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
---|---|---|---|---|---|---|---|---|---|
Wednesday, Jan 22, 2025
|
|||||||||
Jan 22, 13:30
|
6h 50min
|
CAD | Raw Materials Prices MoM (Dec) |
Low
|
-0.5% |
0.4%
|
|||
Jan 22, 13:30
|
6h 50min
|
CAD | Raw Materials Prices YoY (Dec) |
Low
|
2% |
3.8%
|
|||
Jan 22, 13:30
|
6h 50min
|
CAD | PPI YoY (Dec) |
Low
|
2.2% |
2.4%
|
|||
Jan 22, 13:30
|
6h 50min
|
CAD | PPI MoM (Dec) |
Low
|
0.6% |
0.6%
|
|||
Thursday, Jan 23, 2025
|
|||||||||
Jan 23, 13:30
|
1 day
|
CAD | Retail Sales MoM (Nov) |
High
|
0.6% |
0.2%
|
|||
Jan 23, 13:30
|
1 day
|
CAD | Retail Sales YoY (Nov) |
High
|
1.5% |
1.6%
|
|||
Jan 23, 13:30
|
1 day
|
CAD | Retail Sales Ex Autos MoM (Nov) |
High
|
0.1% |
0.1%
|
|||
Jan 23, 13:30
|
1 day
|
CAD | Retail Sales MoM (Dec) |
High
|
|||||
Jan 23, 17:00
|
1 day
|
CAD | 30-Year Bond Auction |
Low
|
3.25% | ||||
Friday, Jan 24, 2025
|
|||||||||
Jan 24, 12:00
|
2 days
|
CAD | CFIB Business Barometer (Jan) |
Low
|
56.4 |
56.2
|
|||
Jan 24, 13:30
|
2 days
|
CAD | New Housing Price Index YoY (Dec) |
Medium
|
0.2% |
0.5%
|
|||
Jan 24, 13:30
|
2 days
|
CAD | New Housing Price Index MoM (Dec) |
Medium
|
0.1% |
0.2%
|
|||
Jan 24, 13:30
|
2 days
|
CAD | Manufacturing Sales MoM (Dec) |
Low
|
0.8% |
0.3%
|
|||
Jan 24, 20:30
|
2 days
|
CAD | CFTC Canada Speculative net positions |
Low
|
-167153 | ||||
Monday, Jan 27, 2025
|
|||||||||
Jan 27, 08:00
|
5 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
23% | ||||
Jan 27, 13:30
|
5 days
|
CAD | Wholesale Sales MoM (Dec) |
Low
|
-0.2% |
0.5%
|
|||
Wednesday, Jan 29, 2025
|
|||||||||
Jan 29, 13:45
|
7 days
|
CAD | BoC Monetary Policy Report |
High
|
|||||
Jan 29, 14:45
|
7 days
|
CAD | BoC Interest Rate Decision |
High
|
3.25% |
3%
|
|||
Jan 29, 15:30
|
7 days
|
CAD | BoC Press Conference |
Medium
|
|||||
Thursday, Jan 30, 2025
|
|||||||||
Jan 30, 13:30
|
8 days
|
CAD | Average Weekly Earnings YoY (Nov) |
Low
|
5.3% |
5%
|
|||
Friday, Jan 31, 2025
|
|||||||||
Jan 31, 13:30
|
9 days
|
CAD | GDP MoM (Nov) |
Medium
|
0.3% |
-0.1%
|
|||
Jan 31, 13:30
|
9 days
|
CAD | GDP MoM (Dec) |
Medium
|
-0.1% |
0.2%
|
|||
Jan 31, 16:00
|
9 days
|
CAD | Budget Balance (Nov) |
Low
|
-C$1.49B |
-C$1.9B
|
|||
Jan 31, 20:30
|
9 days
|
CAD | CFTC Canada Speculative net positions |
Low
|
|||||
Monday, Feb 03, 2025
|
|||||||||
Feb 03, 08:00
|
12 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
|||||
Feb 03, 14:30
|
12 days
|
CAD | S&P Global Manufacturing PMI (Jan) |
High
|
52.2 | ||||
Thursday, Feb 06, 2025
|
|||||||||
Feb 06, 15:00
|
15 days
|
CAD | Ivey PMI s.a (Jan) |
High
|
|||||
Feb 06, 17:00
|
15 days
|
CAD | 10-Year Bond Auction |
Low
|
|||||
Friday, Feb 07, 2025
|
|||||||||
Feb 07, 13:30
|
16 days
|
CAD | Employment Change (Jan) |
High
|
|||||
Feb 07, 13:30
|
16 days
|
CAD | Full Time Employment Chg (Jan) |
Low
|
|||||
Feb 07, 13:30
|
16 days
|
CAD | Unemployment Rate (Jan) |
High
|
|||||
Feb 07, 13:30
|
16 days
|
CAD | Part Time Employment Chg (Jan) |
Medium
|
|||||
Feb 07, 13:30
|
16 days
|
CAD | Participation Rate (Jan) |
Medium
|
|||||
Feb 07, 13:30
|
16 days
|
CAD | Average Hourly Wages YoY (Jan) |
Low
|
|||||
Feb 07, 20:30
|
16 days
|
CAD | CFTC Canada Speculative net positions |
Low
|
|||||
Monday, Feb 10, 2025
|
|||||||||
Feb 10, 08:00
|
19 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
|||||
Tuesday, Feb 11, 2025
|
|||||||||
Feb 11, 13:30
|
20 days
|
CAD | Building Permits MoM (Dec) |
Low
|
-4.8
|
||||
Thursday, Feb 13, 2025
|
|||||||||
Feb 13, 17:00
|
22 days
|
CAD | 5-Year Bond Auction |
Low
|
|||||
Friday, Feb 14, 2025
|
|||||||||
Feb 14, 13:30
|
23 days
|
CAD | New Motor Vehicle Sales (Dec) |
Low
|
153
|
||||
Feb 14, 13:30
|
23 days
|
CAD | Wholesale Sales MoM (Dec) |
Low
|
0.5
|
||||
Feb 14, 13:30
|
23 days
|
CAD | Manufacturing Sales MoM (Dec) |
Low
|
0.3
|
||||
Feb 14, 20:30
|
23 days
|
CAD | CFTC Canada Speculative net positions |
Low
|
|||||
Monday, Feb 17, 2025
|
|||||||||
Feb 17, 13:15
|
26 days
|
CAD | Housing Starts (Jan) |
Medium
|
|||||
Feb 17, 13:30
|
26 days
|
CAD | Foreign Securities Purchases (Dec) |
Low
|
12.9
|
||||
Feb 17, 13:30
|
26 days
|
CAD | Foreign Securities Purchases by Canadians (Dec) |
Low
|
|||||
Tuesday, Feb 18, 2025
|
|||||||||
Feb 18, 13:30
|
27 days
|
CAD | Inflation Rate YoY (Jan) |
High
|
|||||
Feb 18, 13:30
|
27 days
|
CAD | Inflation Rate MoM (Jan) |
Medium
|
|||||
Feb 18, 13:30
|
27 days
|
CAD | Core Inflation Rate YoY (Jan) |
Medium
|
|||||
Feb 18, 13:30
|
27 days
|
CAD | Core Inflation Rate MoM (Jan) |
Low
|
|||||
Feb 18, 13:30
|
27 days
|
CAD | CPI Median YoY (Jan) |
High
|
|||||
Feb 18, 13:30
|
27 days
|
CAD | CPI Trimmed-Mean YoY (Jan) |
High
|
|||||
Thursday, Feb 20, 2025
|
|||||||||
Feb 20, 13:30
|
29 days
|
CAD | PPI MoM (Jan) |
Low
|
|||||
Feb 20, 13:30
|
29 days
|
CAD | PPI YoY (Jan) |
Low
|
|||||
Feb 20, 13:30
|
29 days
|
CAD | Raw Materials Prices YoY (Jan) |
Low
|
|||||
Feb 20, 13:30
|
29 days
|
CAD | Raw Materials Prices MoM (Jan) |
Low
|
|||||
Feb 20, 13:30
|
29 days
|
CAD | New Housing Price Index MoM (Jan) |
Medium
|
|||||
Feb 20, 13:30
|
29 days
|
CAD | New Housing Price Index YoY (Jan) |
Medium
|
|||||
Feb 20, 17:00
|
29 days
|
CAD | 2-Year Bond Auction |
Low
|
|||||
Friday, Feb 21, 2025
|
|||||||||
Feb 21, 13:30
|
30 days
|
CAD | Retail Sales Ex Autos MoM (Dec) |
High
|
1
|
||||
Feb 21, 13:30
|
30 days
|
CAD | Retail Sales MoM (Dec) |
High
|
0.5
|
||||
Feb 21, 13:30
|
30 days
|
CAD | Retail Sales YoY (Dec) |
High
|
0.5
|
||||
Feb 21, 13:30
|
30 days
|
CAD | Retail Sales MoM (Jan) |
High
|
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