Labor Day

Banks will be closed due to Labor Day bank holiday.

Next event - Monday 7 September 2026 05:00

The typical/expected market impact of this event is low. This is an all-day event.

Most recent - Monday 1 September 2025 05:00

Trading range

Past events

Date
Monday 1 September 2025 05:00
Monday 2 September 2024 05:00

Economic context

Recent economic data has been broadly neutral for CAD. The following recent announcements may affect the market reaction to Labor Day:

PreviousLatest
Ivey Purchasing Managers IndexBullish change54.162.7
Ivey Purchasing Managers Index s.aBullish change55.164.3
Average Hourly Wages (YoY)Bearish change3%2%
Net Change in EmploymentBearish change75.1K-41.7K
Unemployment Rate(no change)6.4%6.4%
BoC Interest Rate Decision(no change)2.25%2.25%
S&P Global Manufacturing PMIBearish change53.553
Gross Domestic Product (MoM)(no change)0.3%0.3%
Gross Domestic Product (QoQ)Bullish change0.1%0.8%
Gross Domestic Product AnnualizedBullish change0.3%3.3%
Current AccountBullish change-8.31B8.84B

About Labor Day

Country:Canada
Currency:CAD
Source:
Category:Holidays
Frequency:Irregular

Related events

United States
National Day of Mourning
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