Canada Economy & Canada Markets Data analytics

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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

 
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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.


Symbol Price 1D% MoM% YoY% M T B Details
S&P/TSX Composite TSE 22350.2 1.4 0.02 12.75
Description
Canada 2-year bond yield CA.2Y 3.17 0.32 0.05 -32.4
Description
Canada 10-Year Bond Yield CA.10Y 3.32 1.47 0.05 -13.99
Description
Manufacturing PMI ca.manpmi 49.3 0 0 1
Description
Symbol Price 1D% MoM% YoY% M T B Details
S&P/TSX Composite TSE 22350.2 1.4 0.02 12.75
Description
Canada ETF EWC 43.1 -0.35 0.06 23.21
Description
Canada 2-year bond yield CA.2Y 3.17 0.32 0.05 -32.4
Description
Canada 10-Year Bond Yield CA.10Y 3.32 1.47 0.05 -13.99
Description
Canada Yield Curve CA.YC 0.05 15.48 -0.62 -106.5
Description
Canadian Dollar US Dollar (CAD/USD) CADUSD 1.36 0.02 -0.01 3.43
Description
Canada Credit Default Swaps CDS.Canada 39.6 0 39.6 0
Description
Symbol Price 1D% MoM% YoY% M T B Details
Manufacturing PMI ca.manpmi 49.3 0 0 1
Description
GDP Growth (annual) ca.gdpgrowthan 0.5 -50 -50 150
Description
Inflation CPI ca.inflationcpi 2.7 -7 -7 -4
Description
Unemployment rate ca.unemploymentrate 6.4 3 3 19
Description
Symbol Price 1D% MoM% YoY% M T B Details
CADJPY Implied Volatility CADJPY.IV 6.85 -2.84 -0.09 -5.39
Description
S&P/TSX Composite TSE 22350.2 1.4 0.02 12.75
Description
Canada 2-year bond yield CA.2Y 3.17 0.32 0.05 -32.4
Description
Canada 10-Year Bond Yield CA.10Y 3.32 1.47 0.05 -13.99
Description
Canadian Dollar US Dollar (CAD/USD) CADUSD 1.36 0.02 -0.01 3.43
Description
Canada Credit Default Swaps CDS.Canada 39.6 0 39.6 0
Description

Canada Market News

  
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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 Overview

  
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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 50.4 49.5 2 6 UP UP

Canada Manufacturing

  
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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 50.4 49.5 2 6 UP UP
industrial production ca.indproduction -1.2 -0.7 71 -48 Down UP

Canada consumer sentiment

  
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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 48.6 49.1s -1 7 UP UP
unemployment rate ca.unemploymentrate 6.8 6.5s 5 19 UP UP
retail sales ca.retailsalesan 0.8 1.4s -43 -69 Down Down
retail sales MoM ca.retailsales 0.4 0.4s 0 -85 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

  
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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 2419572.0 2413400 0 16 UP UP
gdp growth annual ca.gdpgrowthan 1.5 1.1 36 -61 Down Down
gdp growth ca.gdpgrowth 0.3 0.5 -40 -77 Down Down
inflation cpi ca.inflationcpi 2.0 1.6 25 -35 Down Down
interest rate ca.interestrate 3.75 4.25 -12 -25 Down Down
unemployment rate ca.unemploymentrate 6.8 6.5 5 19 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 -3200.0 -4700 -32 -355 UP Down
current account to gdp ca.currentaccountgdp -0.6 -0.4 50 -79 UP UP
exports ca.exports 64217.0 63521.6 1 -2 UP Down
imports ca.imports 65141.0 64822 0 3 UP UP
foreign exchange reserves ca.fxreserves 122610.0 123084 -0 6 UP UP
gold reserves ca.goldres 0.0 0 0 0 Down Down
government revenues ca.govrev 36135.0 35439 2 11 Down UP
fiscal expenditure ca.fiscalexp 35455.0 32881 8 12 Down UP

Canada Inflation

  
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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 -1 -210 -137

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 6.8 6.5 5 19 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 3.75 4.25 -12 -25 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 36135.0 35439 2 11 Down UP
fiscal expenditure ca.fiscalexp 35455.0 32881 8 12 Down UP
government budget ca.govbudget -1.4 -1.3 8 -13 UP UP
Government budget ca.govbudgetvalue -3170.0 -2550 24 -18 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 -3200.0 -4700 -32 -355 UP Down
current account to gdp ca.currentaccountgdp -0.6 -0.4 50 -79 UP UP
balance of trade ca.balanceoftrade -924.0 -1300.4 -29 -159 Down Down
imports ca.imports 65141.0 64822 0 3 UP UP
exports ca.exports 64217.0 63521.6 1 -2 UP Down
capital flows ca.capitalflows -7631.0 -5762 32 98 Down Down
foreign direct investment ca.fdi 27107.0 41641 -35 49 UP UP
external debt ca.externaldebt 4272791.0 4159280 3 39 UP UP
foreign exchange reserves ca.fxreserves 122610.0 123084 -0 6 UP UP
gold reserves ca.goldres 0.0 0 0 0 Down Down