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

Feb 24, 13:15
1 day
CAD BoC Gravelle Speech
Medium
Feb 25, 13:30
2 days
CAD Manufacturing Sales MoM (Jan)
Low
0.3%
0.2%
Feb 26, 13:30
3 days
CAD Wholesale Sales MoM (Jan)
Low
-0.2%
-0.3%
Feb 27, 13:30
4 days
CAD Current Account (Q4)
Medium
-C$3.2B
-C$2.5B
Feb 27, 13:30
4 days
CAD Average Weekly Earnings YoY (Dec)
Low
5%
4.7%
Feb 27, 17:00
5 days
CAD 30-Year Bond Auction
Low
3.503%
Feb 28, 12:00
5 days
CAD CFIB Business Barometer (Feb)
Low
54.6
54
Feb 28, 13:30
5 days
CAD GDP Growth Rate QoQ (Q4)
High
0.3%
0.2%
Feb 28, 13:30
5 days
CAD GDP Growth Rate Annualized (Q4)
High
1%
0.7%
Feb 28, 13:30
5 days
CAD GDP Implicit Price QoQ (Q4)
Low
0.6%
0.5%
Feb 28, 13:30
5 days
CAD GDP MoM (Dec)
Medium
-0.2%
0.2%
Feb 28, 13:30
5 days
CAD GDP MoM (Jan)
Medium
0.2%
0.1%
Feb 28, 16:00
6 days
CAD Budget Balance (Dec)
Low
-C$8.21B
-C$6B
Mar 03, 14:30
9 days
CAD S&P Global Manufacturing PMI (Feb)
High
51.6
50.2
Mar 05, 13:30
10 days
CAD Labor Productivity QoQ (Q4)
Low
0.2
Mar 05, 14:30
11 days
CAD S&P Global Composite PMI (Feb)
Low
49.5
49.8
Mar 05, 14:30
11 days
CAD S&P Global Services PMI (Feb)
High
49
49.5
Mar 05, 17:00
11 days
CAD 2-Year Bond Auction
Low
Mar 06, 13:30
11 days
CAD Balance of Trade (Jan)
High
C$0.71B
Mar 06, 13:30
11 days
CAD Exports (Jan)
Low
C$69.46B
C$68.2B
Mar 06, 13:30
11 days
CAD Imports (Jan)
Low
C$68.76B
Mar 06, 15:00
12 days
CAD Ivey PMI s.a (Feb)
High
47.1
49.2
Mar 06, 17:00
12 days
CAD 10-Year Bond Auction
Low
Mar 07, 13:30
12 days
CAD Employment Change (Feb)
High
76K
60K
Mar 07, 13:30
12 days
CAD Full Time Employment Chg (Feb)
Low
35.2K
50K
Mar 07, 13:30
12 days
CAD Capacity Utilization (Q4)
Low
79.3%
79.6%
Mar 07, 13:30
12 days
CAD Average Hourly Wages YoY (Feb)
Low
3.7%
3.5%
Mar 07, 13:30
12 days
CAD Participation Rate (Feb)
Medium
65.5%
Mar 07, 13:30
12 days
CAD Unemployment Rate (Feb)
High
6.6%
Mar 07, 13:30
12 days
CAD Part Time Employment Chg (Feb)
Medium
Mar 12, 14:45
18 days
CAD BoC Interest Rate Decision
High
Mar 12, 15:30
18 days
CAD BoC Press Conference
Medium
Mar 13, 13:30
18 days
CAD Building Permits MoM (Jan)
Low
Mar 13, 17:00
19 days
CAD 5-Year Bond Auction
Low
Mar 14, 12:30
19 days
CAD Manufacturing Sales MoM (Jan)
Low
Mar 14, 12:30
19 days
CAD Wholesale Sales MoM (Jan)
Low
Mar 14, 12:30
19 days
CAD New Motor Vehicle Sales (Jan)
Low
Mar 17, 12:15
22 days
CAD Housing Starts (Feb)
Medium
Mar 17, 13:30
22 days
CAD Foreign Securities Purchases (Jan)
Low
Mar 17, 13:30
22 days
CAD Foreign Securities Purchases by Canadians (Jan)
Low
Mar 18, 13:30
23 days
CAD Inflation Rate YoY (Feb)
High
Mar 18, 13:30
23 days
CAD Inflation Rate MoM (Feb)
Medium
Mar 18, 13:30
23 days
CAD Core Inflation Rate YoY (Feb)
Medium
Mar 18, 13:30
23 days
CAD Core Inflation Rate MoM (Feb)
Low
Mar 18, 13:30
23 days
CAD CPI Median YoY (Feb)
High
Mar 18, 13:30
23 days
CAD CPI Trimmed-Mean YoY (Feb)
High
Mar 20, 12:30
25 days
CAD PPI YoY (Feb)
Low
Mar 20, 12:30
25 days
CAD Raw Materials Prices YoY (Feb)
Low
Mar 20, 12:30
25 days
CAD PPI MoM (Feb)
Low
Mar 20, 12:30
25 days
CAD Raw Materials Prices MoM (Feb)
Low
Mar 21, 12:30
26 days
CAD New Housing Price Index MoM (Feb)
Medium
Mar 21, 12:30
26 days
CAD Retail Sales YoY (Jan)
High
Mar 21, 12:30
26 days
CAD Retail Sales MoM (Jan)
High
Mar 21, 12:30
26 days
CAD Retail Sales MoM (Feb)
High
Mar 21, 12:30
26 days
CAD Retail Sales Ex Autos MoM (Jan)
High
Mar 21, 12:30
26 days
CAD New Housing Price Index YoY (Feb)
Medium

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