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Everydaymoney.ca Blog

Canadian Economic Calender

May 2012

Date STATISTICS FOR CURRENT MONTH PREVIOUS MONTH
Monday,May 07,2012 Building Permits: 8:30am Mar In March, contractors took out building permits worth $6.8 billion, up 4.7% from February following a 7.6% increase the previous month. The gain was the result of higher construction intentions for both institutional and commercial buildings, mostly in Ontario. The total value of permits rose 7.5% to $6.5 billion in February, following an 11.4% decline in January. The advance in February was the result of an increase in the non-residential sector, which offset the decrease in the residential sector.
Tuesday,May 08,2012 Housing Starts: 8:15am April Canada Mortgage and Housing Corp. said there was a seasonally adjusted annual rate of 244,900 housing starts in April, up 14% from the previous month, and well ahead of the 204,000 figure economists had been predicting. Canada Mortgage and Housing Corporation estimates there were 14,517 actual housing starts in March, which translates to a seasonally adjusted annual rate of 215,600 units. March's seasonally adjusted rate was up from 205,300 units in February.
Thursday,May 10,2012 Canadian international merchandise trade: 8:30am Mar Canada's merchandise exports edged down 0.4% and imports decreased 0.6%. As a result, Canada's trade surplus increased from $273 million in February to $351 million in March. Canada's merchandise exports declined 3.9% and imports edged up 0.2%. As a result, Canada's trade surplus decreased from $1.9 billion in January to $292 million in February.
Thursday,May 10,2012 New Housing Price Index: 8:30am Mar The New Housing Price Index (NHPI) rose 0.3% in March, following a similar increase in February. The New Housing Price Index rose 0.3% in February, following a 0.1% increase in January.
Friday,May 11,2012 Labour Force Survey: 7:00am April Employment increased by 58,000 in April, mostly in full-time work. This was the second consecutive month of notable gains after four months of little change. With more people searching for work, the unemployment rate increased by 0.1 percentage points to 7.3%. Following four months of little change, employment increased by 82,000 in March, mostly in full-time work. This brought the unemployment rate down 0.2 percentage points to 7.2%. Compared with 12 months earlier, employment was up 1.1% or 197,000. Almost all of this growth was in full-time employment, up 181,000 (+1.3%), while part-time employment edged up. The total number of hours worked rose 1.6% over the same period.
Tuesday,May 15,2012 CREAstats - MLS sales: 8:30am April According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity edged up 0.8% in April 2012. The national average home price edged up 0.9% on a year-over-year basis in April. Sales activity over MLS® Systems of Canadian real estate Boards and Associations rose 2.5% from February to March 2012. The increase lifted national activity to its highest monthly level since April 2010. Activity in March was up from the previous month in two-thirds of all local markets, with Toronto, Calgary, and Edmonton contributing most to the national increase.
Wednesday,May 16,2012 Monthly Survey of Manufacturing: 8:30am Mar --- Manufacturing sales edged down 0.3% to $49.1 billion in February, following a 1.3% decrease in January.
Thursday,May 17,2012 Canada's international transactions in securities: 8:30am Mar --- Foreign investors resumed their acquisition of Canadian securities in February and added $12.5 billion to their holdings, concentrated in federal government bonds. Canadian investors reduced their holdings of foreign securities by $2.2 billion, marking the first such divestment in 10 months.
Thursday,May 17,2012 Wholesale trade: 8:30am Mar --- Wholesale sales rose 1.6% in February to $48.5 billion. The increase followed a 1.1% decline in January. Higher sales were reported in most subsectors in February, four of which accounted for about 90% of the national growth. In volume terms, wholesale sales were up 2.2% in February.
Thursday,May 17,2012 New motor vehicle sales: 8:30am Feb --- The number of new motor vehicles sold in February declined 6.7% to 141,589 units, partially offsetting January's gain. Lower sales in Ontario and Quebec accounted for over three-quarters of the national decrease.
Friday,May 18,2012 Consumer Price Index: 7:00am April --- Consumer prices rose 1.9% between March 2011 and March 2012, following a 2.6% increase in February. On a seasonally adjusted monthly basis, consumer prices increased 0.2% from February to March.
Wednesday,May 23,2012 Retail Trade: 8:30am Mar --- Retail sales edged down 0.2% in February, largely offsetting the gain in January. New car dealers accounted for most of the decline.
Wednesday,May 23,2012 Leading Indicators: 8:30am April --- The composite leading index rose 0.4% in March, following a 0.7% rise in February. This was the index's ninth consecutive monthly increase. Of the 10 components, eight advanced.
Thursday,May 24,2012 Employment Insurance: 8:30am Mar --- In February, the number of people receiving regular Employment Insurance benefits fell by 6,700 (-1.2%) to 552,800.
Wednesday,May 30,2012 Industrial Product Price Index: 8:30am April --- The Industrial Product Price Index (IPPI) edged up 0.2% in March.
Wednesday,May 30,2012 Raw Materials Price Index: 8:30am April --- The Raw Materials Price Index (RMPI) declined 1.6%.
Thursday,May 31,2012 Payroll employment, earnings and hours: 8:30am Mar --- In February, average weekly earnings of non-farm payroll employees were $886.45, up 0.2% from the previous month. On a year-over-year basis, earnings rose 1.8%.
Friday,June 01,2012 GDP: 8:30am Mar --- Gross domestic product declined 0.2 per cent during February.

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