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The Daily Thursday, February 20, 2025

Press Release

Industrial product and raw materials price indexes, January 2025

The Industrial Product Price Index rose 1.6% month over month in January and increased 5.8% year over year. Meanwhile, the Raw Materials Price Index grew 3.7% on a monthly basis and increased 11.8% year over year.

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New Housing Price Index, January 2025

The national index edged down 0.1% on a month-over-month basis in January, following the same decline in the previous month. Prices were unchanged in 15 out of the 27 surveyed census metropolitan areas (CMAs). Meanwhile, nine CMAs saw an increase, while three CMAs were down. Even though more CMAs recorded price increases in January, a decline was seen at the national level. This decrease was driven by Toronto (-0.4%), the largest new housing market in Canada, accounting for nearly one-quarter (23.6%) of the national weight.

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Employment Insurance, December 2024

The number of Canadians receiving regular Employment Insurance benefits was little changed in December (-0.4%; -1,900) and down slightly (-3.1%; -15,000) from the recent peak in August.

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Urban public transit, December 2024

In December, urban transit ridership in Canada reached 131.7 million trips, or 85.9% of the pre-COVID-19 pandemic level from December 2019.

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Survey on Financing and Growth of Small and Medium Enterprises, 2023

Small- and medium-sized enterprises (SMEs) are an important contributor to the Canadian economy as they accounted for 53.8% of all employment and employed nearly 9.5 million people in the country in 2023. These businesses have 1 to 499 employees.

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Balance sheet of the agricultural sector, December 31, 2023 (revised data)

The value of equity in Canada’s farm sector totalled $788.3 billion as of December 31, 2023, up $57.0 billion (+7.8%) from the same date one year earlier, building on two years of double-digit gains.

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Monthly Energy Transportation and Storage Survey, December 2024

Data for December on the transportation and storage of crude oil and other liquid petroleum products are now available.

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Monthly Mineral Production Survey, December 2024

Data from the Monthly Mineral Production Survey and the Monthly Survey of Smelters and Metal Refineries are now available for December.

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