Canada Economy & Canada Markets Data analytics
MacroVar monitors real-time economic, financial and geopolitical developments for the Canada economy and Canada markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.
Canada Overview
Canada Overview presents the current trends and dynamics of the major Canada financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.
| Price | 1D% | M | T | B | Details | |||||||||
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| S&P/TSX Composite | 22350.2 | 1.4 | 0.02 | 12.75 |  |
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| Canada 2-year bond yield | 3.17 | 0.32 | 0.05 | -32.4 | |
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| Canada 10-Year Bond Yield | 3.32 | 1.47 | 0.05 | -13.99 | |
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| Manufacturing PMI | 49.3 | 0 | 0 | 1 | |
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| Price | 1D% | M | T | B | Details | |||||||||
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| S&P/TSX Composite | 22350.2 | 1.4 | 0.02 | 12.75 | |
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| Canada ETF | 38.12 | 1.55 | 0.02 | 11.2 | |
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| Canada 2-year bond yield | 3.17 | 0.32 | 0.05 | -32.4 | |
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| Canada 10-Year Bond Yield | 3.32 | 1.47 | 0.05 | -13.99 | |
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| Canada Yield Curve | 0.12 | 11.54 | 0.06 | -115.2 | |
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| Canadian Dollar US Dollar (CAD/USD) | 1.36 | 0.02 | -0.01 | 3.43 | |
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| Canada Credit Default Swaps | 39.6 | 0 | 39.6 | 0 | |
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| Price | 1D% | M | T | B | Details | |||||||||
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| Manufacturing PMI | 49.3 | 0 | 0 | 1 | |
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| GDP Growth (annual) | 0.5 | -50 | -50 | 150 | |
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| Inflation CPI | 2.7 | -7 | -7 | -4 | |
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| Unemployment rate | 6.4 | 3 | 3 | 19 | |
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| Price | 1D% | M | T | B | Details | |||||||||
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| CADJPY Implied Volatility | 6.85 | -2.84 | -0.09 | -5.39 | |
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| S&P/TSX Composite | 22350.2 | 1.4 | 0.02 | 12.75 | |
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| Canada 2-year bond yield | 3.17 | 0.32 | 0.05 | -32.4 | |
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| Canada 10-Year Bond Yield | 3.32 | 1.47 | 0.05 | -13.99 | |
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| Canadian Dollar US Dollar (CAD/USD) | 1.36 | 0.02 | -0.01 | 3.43 | |
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| Canada Credit Default Swaps | 39.6 | 0 | 39.6 | 0 | |
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Canada Market News
| Time | Headlines | |
|---|---|---|
| 2024-11-18 04:50 | Canadian Manufacturing Sales MoM Actual -0.5% (Forecast -0.8%, Previous -1.3%) | |
| 2024-11-18 04:50 | Canadian Wholesale Sales MoM Actual 0.8% (Forecast 0.9%, Previous -0.6%) | |
| 2024-08-10 08:03 | Canadian Swaps Market sees about 28 bps of easing in September, little changed after jobs data. | |
| 2024-08-10 08:03 | Canadian Employment Change Actual -2.8k (Forecast 25k, Previous -1.4k) | |
| 2024-08-10 08:03 | Canadian Labour Force July 2024 Report | |
| 2024-08-10 08:03 | Canadian Unemployment Rate Actual 6.4% (Forecast 6.5%, Previous 6.4%) | |
| 2024-08-10 08:03 | Canadian Average Hourly Earnings YoY Actual 5.2% (Forecast 4.8%, Previous 5.60%) | |
| 2024-08-10 08:03 | Canadian Participation Rate Actual 65% (Forecast 65.33%, Previous 65.3%) | |
| 2024-05-31 15:09 | Probability for a BoC cut next week up to 81% after GDP - FJElite | |
| 2024-04-16 08:11 | Canadian Wholesale Sales MoM Actual 0% (Forecast 0.8%, Previous 0.1%) | |
Canada Economic Calendar
Economic calendar presents real-time updates for actual, forecasts and consensus values of economic indicators and updates related to the United States economy.
| Time | Imp | Event | Country | Actual | Previous | Forecast |
|---|---|---|---|---|---|---|
| 21/11 13:30 | producer prices change | Canada | 1.1% | -0.9% | 0.1% | |
| 22/11 13:30 | retail sales mom | Canada | 0.2% | |||
| 22/11 13:30 | retail sales yoy | Canada | 1.4% | 0.3% | ||
| 22/11 13:30 | retail sales ex autos | Canada | -0.7% | 0.3% | ||
| 28/11 13:30 | current account | Canada | C$-8.5B | C$-3.0B |
Canada Economic Overview
Canada economic overview presents a snapshot of Canada current economic conditions. You can find details for the Canada economy subsections by exploring the sections below.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| Manufacturing PMI | ca.manpmi | 47.8 | 49.3 | -3 | -4 | Down | Down |
Canada Manufacturing
MacroVar tracks hundreds of indicators related to Canada manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the Canada economy.
| 1Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| Manufacturing PMI | ca.manpmi | 47.8 | 49.3 | -3 | -4 | Down | Down |
| industrial production | ca.indproduction | 1.3 | 0 | 0 | -168 | UP | UP |
Canada consumer sentiment
Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to Canada employment and Canada consumer activity (building permits).
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| consumer confidence | ca.consconfidence | 49.5 | 50.1s | -1 | 4 | UP | UP |
| unemployment rate | ca.unemploymentrate | 6.5 | 6.6s | -2 | 18 | UP | UP |
| retail sales | ca.retailsalesan | 1.4 | 0.9s | 56 | 75 | UP | UP |
| retail sales MoM | ca.retailsales | 0.4 | 0.9s | -56 | -50 | Down | Down |
| car registrations | ca.carregistrations | 168488.0 | 166001s | 1 | 3 | UP | UP |
| building permits | ca.buildingpermits | 12968359.0 | 11630200s | 12 | 12 | UP | UP |
Canada Construction
The Canada construction sector is a significant component of the Canada economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| building permits | ca.buildingpermits | 12968359.0 | 11630200 | 12 | 12 | UP | UP |
| housing starts | ca.housingstarts | 240.8 | 223.4 | 8 | -12 | Down | Down |
Canada Macroeconomic outlook
Canada Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Canada economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Canada macroeconomic model in detail.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| gdp | ca.gdp | 2140.09 | 2161.48 | -1 | 20 | UP | UP |
| Real GDP | ca.realgdp | 2378917.0 | 2366370 | 1 | 15 | UP | UP |
| gdp growth annual | ca.gdpgrowthan | 0.9 | 0.6 | 50 | -92 | Down | Down |
| gdp growth | ca.gdpgrowth | 0.5 | 0.4 | 25 | -162 | Down | UP |
| inflation cpi | ca.inflationcpi | 2.0 | 1.6 | 25 | -35 | Down | Down |
| interest rate | ca.interestrate | 4.75 | 5 | -5 | 0 | Down | Down |
| unemployment rate | ca.unemploymentrate | 6.5 | 6.6 | -2 | 18 | UP | UP |
| external debt | ca.externaldebt | 4272791.0 | 4159280 | 3 | 39 | UP | UP |
| government debt to gdp | ca.govdebtgdp | 107.5 | 107.4 | 0 | 31 | UP | UP |
| current account | ca.currentaccount | -8500.0 | -5400 | 57 | 2235 | Down | Down |
| current account to gdp | ca.currentaccountgdp | -0.6 | -0.4 | 50 | -79 | UP | UP |
| exports | ca.exports | 63880.0 | 63960 | -0 | -3 | Down | Down |
| imports | ca.imports | 65150.0 | 65430 | -0 | 0 | UP | UP |
| foreign exchange reserves | ca.fxreserves | 123084.0 | 128074 | -4 | 9 | UP | UP |
| gold reserves | ca.goldres | 0.0 | 0 | 0 | 0 | Down | Down |
| government revenues | ca.govrev | 35439.0 | 40448 | -12 | 5 | Down | UP |
| fiscal expenditure | ca.fiscalexp | 32881.0 | 44230 | -26 | 1 | Down | UP |
Canada Inflation
MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend |
|---|---|---|---|---|---|---|
| inflation cpi | ca.inflationcpi | 2.0 | 1.6 | 25 | -35 |  |
| core inflation rate | ca.coreinflationrate | 1.7 | 1.6 | 6 | -37 |  |
| Produce Prices YoY | ca.producerpricesch | 1.1 | -0.9 | -222 | -142 |  |
Canada Employment
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of Canada employment. Canada employment is one of the major factors affecting Canada monetary policy.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| unemployment rate | ca.unemploymentrate | 6.5 | 6.6 | -2 | 18 | UP | UP |
Canada Monetary Policy
Canada Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| interest rate | ca.interestrate | 4.75 | 5 | -5 | 0 | Down | Down |
| central bank balance sheet | ca.cb.assets | 279597.0 | 279037 | 0 | -14 | Down | Down |
| banks balance sheet | ca.banks.bs | 4691203.0 | 4932860 | -5 | 27 | UP | UP |
| money supply m1 | ca.msm1 | 1569401.0 | 1562830 | 0 | 4 | UP | UP |
| money supply m2 | ca.msm2 | 2587561.0 | 2578920 | 0 | 6 | UP | UP |
| government debt to gdp | ca.govdebtgdp | 107.5 | 107.4 | 0 | 31 | UP | UP |
| loans to private sector | ca.loanprivate | 688344.0 | 683558 | 1 | 19 | UP | UP |
| Canada Credit Rating (S&P) | RATING.S&P.CN | ||||||
| Canada Credit Rating (Moody's) | RATING.MOODYS.CN | ||||||
| Canada Credit Rating (Fitch) | RATING.FITCH.CA |
Canada Fiscal Policy
Canada Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| government revenues | ca.govrev | 35439.0 | 40448 | -12 | 5 | Down | UP |
| fiscal expenditure | ca.fiscalexp | 32881.0 | 44230 | -26 | 1 | Down | UP |
| government budget | ca.govbudget | -1.4 | -1.3 | 8 | -13 | UP | UP |
| Government budget | ca.govbudgetvalue | -2550.0 | -4400 | -42 | -16 | UP | UP |
| government debt to gdp | ca.govdebtgdp | 107.5 | 107.4 | 0 | 31 | UP | UP |
Canada Trade
Canada trade activity is monitored by tracking Trade and Capital flows.
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope |
|---|---|---|---|---|---|---|---|
| current account | ca.currentaccount | -8500.0 | -5400 | 57 | 2235 | Down | Down |
| current account to gdp | ca.currentaccountgdp | -0.6 | -0.4 | 50 | -79 | UP | UP |
| balance of trade | ca.balanceoftrade | -1260.0 | -1470 | -14 | -142 | Down | Down |
| imports | ca.imports | 65150.0 | 65430 | -0 | 0 | UP | UP |
| exports | ca.exports | 63880.0 | 63960 | -0 | -3 | Down | Down |
| capital flows | ca.capitalflows | -11344.0 | -5080 | 123 | 1940 | Down | Down |
| foreign direct investment | ca.fdi | 38538.0 | -13218 | -392 | 178 | UP | UP |
| external debt | ca.externaldebt | 4272791.0 | 4159280 | 3 | 39 | UP | UP |
| foreign exchange reserves | ca.fxreserves | 123084.0 | 128074 | -4 | 9 | UP | UP |
| gold reserves | ca.goldres | 0.0 | 0 | 0 | 0 | Down | Down |