Breaking News

Canada Gross Domestic Product (GDP) QoQ

Latest Release

Nov 29, 2024

Actual

0.3%

0.5%

Gross Domestic Product (GDP) gauges the inflation-adjusted value of all goods and services produced within the economy. It is the most comprehensive measure of economic activity and an important indicator of economic health.

A reading that is stronger than forecast is generally supportive (bullish) for the CAD, while a weaker than forecast reading is generally negative (bearish) for the CAD.

Importance:

Country:

Currency: CAD

Source: Statictics Canada

Release Date	Time	Actual	Forecast	Previous
Nov 29, 2024 (Q3)	13:30	0.3%		0.5%
Aug 30, 2024 (Q2)	12:30	0.5%		0.4%
May 31, 2024 (Q1)	12:30	0.4%		0.0%
Feb 29, 2024 (Q4)	13:30	0.2%		-0.1%
Nov 30, 2023 (Q3)	13:30	-0.3%		0.3%
Sep 01, 2023 (Q2)	12:30	0.0%	0.3%	0.6%

News

Pound to Canadian Dollar Week Ahead Forecast: Eyeing The 2024 High By PoundSterlingLIVE - Feb 26, 2024

PoundSterlingLIVE -GBP/CAD underscored by positive indicators But advance to be capped by sizeable resistance Watch Canadian GDP this week The Pound to Canadian Dollar exchange rate (GBP/CAD) is...

Macro week ahead: Halifax housing health check, Canada's rate call the focus By Proactive Investors - Jun 02, 2023

Proactive Investors - A quieter week of economic releases will see the focus on an update on the health of the UK’s housing market from Halifax, while the Bank of Canada will announce its latest...

Gold Edges Lower in Quiet Trade as Buyers Step Back By Investing.com - Nov 29, 2019

Investing.com -- Gold prices were on course to end the week at the low end of their recent trading range in becalmed trading, as the Thanksgiving holiday and an undramatic crop of economic data from...

Analysis

Is Canada a Canary in the Economic Coalmine? By Lance Roberts - Dec 13, 2024

On Wednesday, the Bank of Canada cut its key benchmark rate by 50bps. They have now cut by 150 bps in 2024, compared to what will likely be 100 bps for the Fed after next week’s meeting. Unlike the...

Newsquawk Week Ahead: OPEC+, ECB rate decision, and the US jobs report By Ryan Anderson - Jun 02, 2024

SUN: JMMC and OPEC+ Meetings. MON: Chinese Final Caixin Manufacturing PMI (May), EZ/UK/US Final Manufacturing PMIs (May), US ISM Manufacturing PMI (May). TUE: South Korean CPI (May), Swiss CPI...

Week Ahead highlights include US PCE, ISM; OPEC; EZ inflation By Ryan Anderson - Nov 24, 2023 3

TUE: EZ M3 (Oct), US Richmond Fed (Nov). WED: RBNZ Policy Announcement; German Prelim. CPI (Nov), UK Mortgage Approvals/Lending (Oct), EZ Economic Sentiment (Nov), US GDP 2nd (Q3). THU: Chinese NBS...

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