A November 1 forward-looking calendar of the November 5 federal budget, November 6 employment release and the Bank of Canada's latest policy decision, not a claim of Sunday trading.
A Sunday outlook, not a Sunday stock-market close
Canada's main equity market is closed on Sunday, November 1, so no new regular-session TSX closing level is available today. Investors instead face two major Canadian economic events in the coming week: the federal government's November 5 budget and Statistics Canada's October employment report scheduled for Friday, November 6. These events may shape expectations for interest rates, spending and business conditions, but their outcomes are unknown. The TSX's last completed trading session was Friday, October 30, which CDN News covered separately.
The Bank of Canada's changed starting point
On October 28 the Bank of Canada raised the overnight policy rate by 25 basis points to 2.5%. The bank cited persistent energy-price pressures and the danger that those increases could spread into other consumer and business prices. Its published forecast projects 2026 economic growth around 1%, with 2027 growth around 2%; such projections are not actual future results. The bank's next scheduled rate announcement is December 9. A fresh policy decision is not scheduled for the week starting November 2.
Why the November 6 jobs numbers matter
Statistics Canada's previous Labour Force Survey showed employment falling 68,000 in September, with the unemployment rate at 6.5%. The agency says October's survey will be released November 6. Analysts may have different forecasts: a November 1 market preview reported CIBC's expectation of a 35,000-job rebound versus a broader estimate of about 12,200 jobs. Those figures are forecasts, not released October employment data. Investors will also monitor Canadian fiscal plans and external trade-policy announcements; this article does not forecast a particular TSX direction or investment return.
What can be verified after the releases
Thursday's budget should be assessed against the Department of Finance's actual published documents rather than leaked estimates or political demands. Friday's employment numbers should be compared with the official seasonally adjusted Labour Force Survey, including revisions to older months. The relevant publication dates matter for readers checking headlines: policy and economic statistics are separate events that may not move markets in the same direction.
Sources & transparency
Bank of Canada — October 28 policy-rate statementStatistics Canada — September Labour Force Survey and next release November 6Finance Canada — federal budget date, November 5Investing.com — November 1 market-week preview attributed to CIBC Capital MarketsOriginal CDN News coverage. Sources are linked for reference.
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