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The Daily Thursday, March 20, 2025

Press Release

Industrial product and raw materials price indexes, February 2025

In February, the Industrial Product Price Index grew 0.4% month over month and increased 4.9% year over year. At the same time, the Raw Materials Price Index increased 0.3% month over month and rose 9.3% year over year.

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Employment Insurance, January 2025

In January, 478,000 Canadians (-0.4%; -2,000) received regular Employment Insurance benefits, little changed from December and down slightly (-3.6%; -18,000) from the recent peak in August 2024.

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Employment Insurance Beneficiaries in Rural and Small Town Canada: Interactive Dashboard

The Employment Insurance Beneficiaries in Rural and Small Town Canada: Interactive Dashboard has been updated with data for the January 2025 reference period.

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Monthly credit aggregates, January 2025

In January, the total credit liabilities of households rose 0.3% (+$8.2 billion) to reach $3,043.3 billion, decelerating from December 2024 (+0.4%). Real estate secured debt, composed of both mortgage debt and home equity lines of credit, grew 0.4% (+$9.3 billion) in January 2025. Household mortgage debt increased 0.4% (+$8.9 billion), accelerating in growth from December 2024 on an annualized basis (+4.8% in January 2025; +4.4% in December 2024). In January 2025, the policy interest rate decreased 25 basis points, the sixth consecutive reduction within an eight-month period, ending January at 3.00%.

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Monthly Mineral Production Survey, January 2025

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

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Monthly Energy Transportation and Storage Survey, January 2025

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

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