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
|
|||
---|---|---|---|---|---|---|---|---|---|
Thursday, Nov 21, 2024
|
|||||||||
Nov 21, 13:30
|
4h 47min
|
CAD | PPI MoM (Oct) |
Low
|
-0.6% |
0.3%
|
|||
Nov 21, 13:30
|
4h 47min
|
CAD | PPI YoY (Oct) |
Low
|
-0.9% |
0.1%
|
|||
Nov 21, 13:30
|
4h 47min
|
CAD | Raw Materials Prices MoM (Oct) |
Low
|
-3.1% |
-1.5%
|
|||
Nov 21, 13:30
|
4h 47min
|
CAD | Raw Materials Prices YoY (Oct) |
Low
|
-8.8% |
-2.3%
|
|||
Nov 21, 17:00
|
8h 17min
|
CAD | 5-Year Bond Auction |
Low
|
2.824% | ||||
Friday, Nov 22, 2024
|
|||||||||
Nov 22, 13:30
|
1 day
|
CAD | New Housing Price Index YoY (Oct) |
Medium
|
0.2% |
0.3%
|
|||
Nov 22, 13:30
|
1 day
|
CAD | New Housing Price Index MoM (Oct) |
Medium
|
0% |
0.1%
|
|||
Nov 22, 13:30
|
1 day
|
CAD | Retail Sales YoY (Sep) |
High
|
1.4% |
0.9%
|
|||
Nov 22, 13:30
|
1 day
|
CAD | Retail Sales Ex Autos MoM (Sep) |
High
|
-0.7% |
0.5%
|
|||
Nov 22, 13:30
|
1 day
|
CAD | Retail Sales MoM (Sep) |
High
|
0.4% |
0.4%
|
|||
Nov 22, 20:30
|
1 day
|
CAD | CFTC Canada Speculative net positions |
Low
|
-182389 | ||||
Monday, Nov 25, 2024
|
|||||||||
Nov 25, 08:00
|
3 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
6% | ||||
Nov 25, 13:30
|
4 days
|
CAD | Manufacturing Sales MoM (Oct) |
Low
|
-0.5% |
-0.8%
|
|||
Tuesday, Nov 26, 2024
|
|||||||||
Nov 26, 13:30
|
5 days
|
CAD | Wholesale Sales MoM (Oct) |
Low
|
0.8% |
0.9%
|
|||
Wednesday, Nov 27, 2024
|
|||||||||
Nov 27, 17:00
|
6 days
|
CAD | 30-Year Bond Auction |
Low
|
3.39% | ||||
Thursday, Nov 28, 2024
|
|||||||||
Nov 28, 13:30
|
7 days
|
CAD | Current Account (Q3) |
Medium
|
-C$8.5B |
-C$3B
|
|||
Nov 28, 13:30
|
7 days
|
CAD | Average Weekly Earnings YoY (Sep) |
Low
|
4.6% |
4.3%
|
|||
Friday, Nov 29, 2024
|
|||||||||
Nov 29, 12:00
|
8 days
|
CAD | CFIB Business Barometer (Nov) |
Low
|
55.8 |
56.3
|
|||
Nov 29, 13:30
|
8 days
|
CAD | GDP Growth Rate QoQ (Q3) |
High
|
0.5% |
0.4%
|
|||
Nov 29, 13:30
|
8 days
|
CAD | GDP Growth Rate Annualized (Q3) |
High
|
2.1% |
2%
|
|||
Nov 29, 13:30
|
8 days
|
CAD | GDP Implicit Price QoQ (Q3) |
Low
|
1.1% |
1%
|
|||
Nov 29, 13:30
|
8 days
|
CAD | GDP MoM (Sep) |
Medium
|
0% |
0.3%
|
|||
Nov 29, 13:30
|
8 days
|
CAD | GDP MoM (Oct) |
Medium
|
0.2
|
||||
Nov 29, 16:00
|
8 days
|
CAD | Budget Balance (Sep) |
Low
|
-C$2.55B |
-C$1.82B
|
|||
Nov 29, 20:30
|
8 days
|
CAD | CFTC Canada Speculative net positions |
Low
|
|||||
Monday, Dec 02, 2024
|
|||||||||
Dec 02, 08:00
|
10 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
|||||
Dec 02, 14:30
|
11 days
|
CAD | S&P Global Manufacturing PMI (Nov) |
High
|
51.1 | ||||
Wednesday, Dec 04, 2024
|
|||||||||
Dec 04, 13:30
|
13 days
|
CAD | Labor Productivity QoQ (Q3) |
Low
|
-0.2% | ||||
Dec 04, 14:30
|
13 days
|
CAD | S&P Global Services PMI (Nov) |
High
|
50.4 |
51
|
|||
Dec 04, 14:30
|
13 days
|
CAD | S&P Global Composite PMI (Nov) |
Low
|
50.7 |
50
|
|||
Friday, Dec 06, 2024
|
|||||||||
Dec 06, 13:30
|
15 days
|
CAD | Employment Change (Nov) |
High
|
|||||
Dec 06, 13:30
|
15 days
|
CAD | Unemployment Rate (Nov) |
High
|
|||||
Dec 06, 13:30
|
15 days
|
CAD | Full Time Employment Chg (Nov) |
Low
|
|||||
Dec 06, 13:30
|
15 days
|
CAD | Average Hourly Wages YoY (Nov) |
Low
|
|||||
Dec 06, 13:30
|
15 days
|
CAD | Part Time Employment Chg (Nov) |
Low
|
|||||
Dec 06, 13:30
|
15 days
|
CAD | Participation Rate (Nov) |
Medium
|
|||||
Dec 06, 13:30
|
15 days
|
CAD | Balance of Trade (Oct) |
High
|
|||||
Dec 06, 20:30
|
15 days
|
CAD | CFTC Canada Speculative net positions |
Low
|
|||||
Monday, Dec 09, 2024
|
|||||||||
Dec 09, 08:00
|
17 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
|||||
Wednesday, Dec 11, 2024
|
|||||||||
Dec 11, 14:45
|
20 days
|
CAD | BoC Interest Rate Decision |
High
|
3.75% |
3.5%
|
|||
Dec 11, 15:30
|
20 days
|
CAD | BoC Press Conference |
Medium
|
|||||
Thursday, Dec 12, 2024
|
|||||||||
Dec 12, 13:30
|
21 days
|
CAD | Building Permits MoM (Oct) |
Low
|
|||||
Dec 12, 17:00
|
21 days
|
CAD | 10-Year Bond Auction |
Low
|
|||||
Friday, Dec 13, 2024
|
|||||||||
Dec 13, 13:30
|
22 days
|
CAD | Capacity Utilization (Q3) |
Low
|
79.1% |
83.3%
|
|||
Dec 13, 13:30
|
22 days
|
CAD | New Motor Vehicle Sales (Oct) |
Low
|
|||||
Dec 13, 13:30
|
22 days
|
CAD | Wholesale Sales MoM (Oct) |
Low
|
|||||
Dec 13, 13:30
|
22 days
|
CAD | Manufacturing Sales MoM (Oct) |
Low
|
|||||
Dec 13, 20:30
|
22 days
|
CAD | CFTC Canada Speculative net positions |
Low
|
|||||
Monday, Dec 16, 2024
|
|||||||||
Dec 16, 08:00
|
24 days
|
CAD | Myfxbook USDCAD Sentiment |
Medium
|
|||||
Dec 16, 13:15
|
25 days
|
CAD | Housing Starts (Nov) |
Medium
|
|||||
Tuesday, Dec 17, 2024
|
|||||||||
Dec 17, 12:30
|
26 days
|
CAD | Core Inflation Rate MoM (Nov) |
Low
|
|||||
Dec 17, 13:30
|
26 days
|
CAD | Foreign Securities Purchases by Canadians (Oct) |
Low
|
|||||
Dec 17, 13:30
|
26 days
|
CAD | Foreign Securities Purchases (Oct) |
Low
|
|||||
Dec 17, 13:30
|
26 days
|
CAD | Inflation Rate MoM (Nov) |
Medium
|
|||||
Dec 17, 13:30
|
26 days
|
CAD | Core Inflation Rate YoY (Nov) |
Medium
|
|||||
Dec 17, 13:30
|
26 days
|
CAD | Inflation Rate YoY (Nov) |
High
|
|||||
Dec 17, 13:30
|
26 days
|
CAD | CPI Trimmed-Mean YoY (Nov) |
High
|
|||||
Dec 17, 13:30
|
26 days
|
CAD | CPI Median YoY (Nov) |
High
|
|||||
Thursday, Dec 19, 2024
|
|||||||||
Dec 19, 13:30
|
28 days
|
CAD | Average Weekly Earnings YoY (Oct) |
Low
|
|||||
Dec 19, 17:00
|
28 days
|
CAD | 5-Year Bond Auction |
Low
|
|||||
Friday, Dec 20, 2024
|
|||||||||
Dec 20, 12:30
|
29 days
|
CAD | New Housing Price Index YoY (Nov) |
Medium
|
|||||
Dec 20, 13:30
|
29 days
|
CAD | New Housing Price Index MoM (Nov) |
Medium
|
|||||
Dec 20, 13:30
|
29 days
|
CAD | Retail Sales MoM (Oct) |
High
|
|||||
Dec 20, 13:30
|
29 days
|
CAD | Retail Sales YoY (Oct) |
High
|
|||||
Dec 20, 13:30
|
29 days
|
CAD | Retail Sales Ex Autos MoM (Oct) |
High
|
|||||
Dec 20, 16:00
|
29 days
|
CAD | Budget Balance (Oct) |
Low
|
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