Breaking News

Canada Gross Domestic Product (GDP) YoY

Latest Release

Aug 30, 2024

Actual

0.91%

0.56%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. Canada releases fresh GDP data on a monthly basis. A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Importance:

Country:

Currency: CAD

Source: Statistics Canada

Release Date	Time	Actual	Forecast	Previous
Aug 30, 2024 (Q2)	12:30	0.91%		0.56%
May 31, 2024 (Q1)	12:30	0.53%		0.97%
Feb 29, 2024 (Q4)	13:30	0.93%		0.46%
Nov 30, 2023 (Q3)	13:30	0.47%		1.20%
Sep 01, 2023 (Q2)	12:30	1.12%		2.08%
May 31, 2023 (Q1)	12:30	2.21%	2.80%	2.07%

News

Trade Battle Curbs Investment, Taking Toll on Canada’s Economy By Bloomberg - Nov 30, 2018

(Bloomberg) -- Heightened trade uncertainty over the summer seems to have taken a toll on Canada’s economy in the third quarter, prompting households to slow consumption and businesses to...

Canada economy rebounds, but imminent rate hike seen unlikely By Reuters - Jul 31, 2018

By David Ljunggren OTTAWA (Reuters) - Canada's economy rebounded in May after a series of challenges in April but analysts played down the chances of an imminent rate hike, saying the Bank of Canada...

Analysis

U.S. Opening Bell: U.S. Futures Slip As Bulls Draw Breath Ahead Of GDP Data By Pinchas Cohen - Jul 28, 2022

Futures slide suggests bulls bit off more than they can chew Odds are against Fed's ability to lower inflation without recession Dollar drops European stocks opened higher on Thursday in an attempt to...

Week Ahead Economic Preview: Week Of 27 June 2022 By Chris Williamson - Jul 01, 2022

Manufacturing PMIs and Russia, UK, and US GDP data to reveal economic trendsThe start of the new month brings fresh global manufacturing data in the form of the PMIs. The surveys will provide an...

Bitcoin Hits Record High By London Capital Group - Dec 01, 2020

The price of Bitcoin climbed 8.7% on Monday to reach a fresh record high of $19,857.03 - overtaking its previous peak made in 2017.MARKETS News • Asia stocks rise as the Caixin/Markit...

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Adrian Schmidt Mar 29, 2018 15:21

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