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 25, 12:30
7h 6min
CAD Manufacturing Sales MoM (Mar)
Low
0.2%
0%
Apr 25, 12:30
7h 6min
CAD Retail Sales YoY (Feb)
High
4.2%
3.9%
Apr 25, 12:30
7h 6min
CAD Retail Sales Ex Autos MoM (Feb)
High
0.2%
-0.4%
Apr 25, 12:30
7h 6min
CAD Retail Sales MoM (Feb)
High
-0.6%
-0.4%
Apr 25, 12:30
7h 6min
CAD Retail Sales MoM (Mar)
High
0.1
Apr 25, 15:00
9h 36min
CAD Budget Balance (Feb)
Low
-C$5.13B
C$6B
Apr 28, 00:00
2 days
CAD General Elections
Low
Apr 28, 12:30
3 days
CAD Wholesale Sales MoM (Mar)
Low
0.3%
0.6%
Apr 30, 12:30
5 days
CAD GDP MoM (Feb)
Medium
0.4%
0%
Apr 30, 12:30
5 days
CAD GDP MoM (Mar)
Medium
-0.6
Apr 30, 16:00
5 days
CAD 2-Year Bond Auction
Low
2.532%
May 01, 13:30
6 days
CAD S&P Global Manufacturing PMI (Apr)
High
46.3
46
May 01, 16:00
6 days
CAD 10-Year Bond Auction
Low
2.95%
May 05, 13:30
10 days
CAD S&P Global Services PMI (Apr)
High
41.2
41
May 05, 13:30
10 days
CAD S&P Global Composite PMI (May)
Low
42
41.7
May 06, 12:30
11 days
CAD Imports (Mar)
Low
C$71.63B
C$70B
May 06, 12:30
11 days
CAD Exports (Mar)
Low
C$70.11B
C$63.1B
May 06, 12:30
11 days
CAD Balance of Trade (Mar)
High
-C$1.52B
-C$6.9B
May 06, 14:00
11 days
CAD Ivey PMI s.a (Apr)
High
51.3
48
May 08, 14:00
13 days
CAD Financial Stability Report
Medium
May 08, 16:00
13 days
CAD 5-Year Bond Auction
Low
2.898%
May 14, 12:30
19 days
CAD New Motor Vehicle Sales (Mar)
Low
149
May 14, 12:30
19 days
CAD Building Permits MoM (Mar)
Low
-0.3
May 14, 16:00
19 days
CAD 2-Year Bond Auction
Low
May 15, 11:00
20 days
CAD CFIB Business Barometer (May)
Low
May 15, 12:15
20 days
CAD Housing Starts (Apr)
Medium
May 15, 12:30
20 days
CAD Manufacturing Sales MoM (Mar)
Low
0.2
May 15, 12:30
20 days
CAD Wholesale Sales MoM (Mar)
Low
0.6
May 16, 12:30
21 days
CAD Foreign Securities Purchases by Canadians (Mar)
Low
May 16, 12:30
21 days
CAD Foreign Securities Purchases (Mar)
Low
May 19, 00:00
23 days
CAD Victoria Day
None
May 20, 12:30
25 days
CAD Inflation Rate MoM (Apr)
Medium
May 20, 12:30
25 days
CAD Core Inflation Rate MoM (Apr)
Low
May 20, 12:30
25 days
CAD Inflation Rate YoY (Apr)
High
May 20, 12:30
25 days
CAD Core Inflation Rate YoY (Apr)
Medium
May 20, 12:30
25 days
CAD CPI Trimmed-Mean YoY (Apr)
High
May 20, 12:30
25 days
CAD CPI Median YoY (Apr)
High
May 21, 12:30
26 days
CAD New Housing Price Index YoY (Apr)
Medium
May 21, 12:30
26 days
CAD New Housing Price Index MoM (Apr)
Medium
May 21, 16:00
26 days
CAD 30-Year Bond Auction
Low
May 22, 12:30
27 days
CAD Raw Materials Prices MoM (Apr)
Low
May 22, 12:30
27 days
CAD PPI YoY (Apr)
Low
May 22, 12:30
27 days
CAD PPI MoM (Apr)
Low
May 22, 12:30
27 days
CAD Raw Materials Prices YoY (Apr)
Low
May 23, 12:30
28 days
CAD Retail Sales Ex Autos MoM (Mar)
High
-0.2
May 23, 12:30
28 days
CAD Retail Sales YoY (Mar)
High
3.8
May 23, 12:30
28 days
CAD Retail Sales MoM (Mar)
High
0.4
May 23, 12:30
28 days
CAD Retail Sales MoM (Apr)
High

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