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, Oct 16, 2024
|
|||||||||
Oct 16, 12:15
|
|
CAD | Housing Starts (Sep) |
Medium
|
213K |
237.5K
|
223.8K | ||
Oct 16, 12:30
|
12 min
|
CAD | Manufacturing Sales MoM (Aug) |
Low
|
1.4% |
-1.5%
|
|||
Oct 16, 12:30
|
12 min
|
CAD | New Motor Vehicle Sales (Aug) |
Low
|
169K |
162K
|
|||
Thursday, Oct 17, 2024
|
|||||||||
Oct 17, 12:30
|
1 day
|
CAD | Foreign Securities Purchases by Canadians (Aug) |
Low
|
C$4.45B | ||||
Oct 17, 12:30
|
1 day
|
CAD | Foreign Securities Purchases (Aug) |
Low
|
C$10.98B |
C$9.5B
|
|||
Oct 17, 16:00
|
1 day
|
CAD | 10-Year Bond Auction |
Low
|
3.031% | ||||
Monday, Oct 21, 2024
|
|||||||||
Oct 21, 08:00
|
4 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
5% | ||||
Tuesday, Oct 22, 2024
|
|||||||||
Oct 22, 12:30
|
6 days
|
CAD | PPI MoM (Sep) |
Low
|
-0.8% |
0.1%
|
|||
Oct 22, 12:30
|
6 days
|
CAD | PPI YoY (Sep) |
Low
|
0.2% |
2%
|
|||
Oct 22, 12:30
|
6 days
|
CAD | Raw Materials Prices YoY (Sep) |
Low
|
-2.5% |
5%
|
|||
Oct 22, 12:30
|
6 days
|
CAD | Raw Materials Prices MoM (Sep) |
Low
|
-3.1% | ||||
Wednesday, Oct 23, 2024
|
|||||||||
Oct 23, 13:45
|
7 days
|
CAD | BoC Interest Rate Decision |
Medium
|
4.25% |
4.25%
|
|||
Oct 23, 13:45
|
7 days
|
CAD | BoC Monetary Policy Report |
High
|
|||||
Oct 23, 14:30
|
7 days
|
CAD | BoC Press Conference |
Medium
|
|||||
Thursday, Oct 24, 2024
|
|||||||||
Oct 24, 12:30
|
8 days
|
CAD | New Housing Price Index MoM (Sep) |
Medium
|
0% |
0.4%
|
|||
Oct 24, 12:30
|
8 days
|
CAD | New Housing Price Index YoY (Sep) |
Medium
|
0% |
0.4%
|
|||
Oct 24, 16:00
|
8 days
|
CAD | 30-Year Bond Auction |
Low
|
|||||
Friday, Oct 25, 2024
|
|||||||||
Oct 25, 11:00
|
8 days
|
CAD | CFIB Business Barometer (Oct) |
Low
|
55 | ||||
Oct 25, 12:30
|
9 days
|
CAD | Retail Sales YoY (Aug) |
High
|
0.9% | ||||
Oct 25, 12:30
|
9 days
|
CAD | Retail Sales Ex Autos MoM (Aug) |
High
|
0.4% | ||||
Oct 25, 12:30
|
9 days
|
CAD | Retail Sales MoM (Aug) |
High
|
0.9% |
0.5%
|
|||
Oct 25, 12:30
|
9 days
|
CAD | Manufacturing Sales MoM (Sep) |
Low
|
0.4
|
||||
Oct 25, 15:00
|
9 days
|
CAD | Budget Balance (Aug) |
Low
|
-C$4.4B |
-C$3.5B
|
|||
Monday, Oct 28, 2024
|
|||||||||
Oct 28, 08:00
|
11 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
|||||
Oct 28, 12:30
|
12 days
|
CAD | Wholesale Sales MoM (Sep) |
Low
|
-0.6% |
0.4%
|
|||
Thursday, Oct 31, 2024
|
|||||||||
Oct 31, 12:30
|
15 days
|
CAD | Average Weekly Earnings YoY (Aug) |
Low
|
|||||
Oct 31, 12:30
|
15 days
|
CAD | GDP MoM (Sep) |
Medium
|
0.4
|
||||
Oct 31, 12:30
|
15 days
|
CAD | GDP MoM (Aug) |
Medium
|
|||||
Oct 31, 16:00
|
15 days
|
CAD | 2-Year Bond Auction |
Low
|
|||||
Monday, Nov 04, 2024
|
|||||||||
Nov 04, 08:00
|
18 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
|||||
Nov 04, 12:30
|
19 days
|
CAD | Average Hourly Wages YoY (Oct) |
Low
|
|||||
Tuesday, Nov 05, 2024
|
|||||||||
Nov 05, 13:30
|
20 days
|
CAD | Imports (Sep) |
Low
|
63.3
|
||||
Nov 05, 13:30
|
20 days
|
CAD | Exports (Sep) |
Low
|
65.5
|
||||
Wednesday, Nov 06, 2024
|
|||||||||
Nov 06, 15:00
|
21 days
|
CAD | Ivey PMI s.a (Oct) |
High
|
|||||
Nov 06, 18:30
|
21 days
|
CAD | BoC Summary of Deliberations |
Medium
|
|||||
Thursday, Nov 07, 2024
|
|||||||||
Nov 07, 13:30
|
22 days
|
CAD | Balance of Trade (Sep) |
High
|
2.2
|
||||
Friday, Nov 08, 2024
|
|||||||||
Nov 08, 12:30
|
23 days
|
CAD | Part Time Employment Chg (Oct) |
Low
|
|||||
Nov 08, 12:30
|
23 days
|
CAD | Participation Rate (Oct) |
Medium
|
|||||
Nov 08, 12:30
|
23 days
|
CAD | Unemployment Rate (Oct) |
High
|
|||||
Nov 08, 12:30
|
23 days
|
CAD | Employment Change (Oct) |
High
|
|||||
Nov 08, 12:30
|
23 days
|
CAD | Full Time Employment Chg (Oct) |
Low
|
|||||
Monday, Nov 11, 2024
|
|||||||||
Nov 11, 00:00
|
25 days
|
CAD | Remembrance Day |
None
|
|||||
Nov 11, 08:00
|
25 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
|||||
Tuesday, Nov 12, 2024
|
|||||||||
Nov 12, 13:30
|
27 days
|
CAD | Building Permits MoM (Sep) |
Low
|
-5.2
|
||||
Thursday, Nov 14, 2024
|
|||||||||
Nov 14, 13:30
|
29 days
|
CAD | New Motor Vehicle Sales (Sep) |
Low
|
146
|
||||
Nov 14, 17:00
|
29 days
|
CAD | 2-Year Bond Auction |
Low
|
|||||
Friday, Nov 15, 2024
|
|||||||||
Nov 15, 13:30
|
30 days
|
CAD | Manufacturing Sales MoM (Sep) |
Low
|
0.4
|
||||
Nov 15, 13:30
|
30 days
|
CAD | Wholesale Sales MoM (Sep) |
Low
|
0.4
|
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