Breaking News

Canada Gross Domestic Product (GDP) MoM

Latest Release

Feb 28, 2023

Actual

-0.1%

Forecast

0.1%

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
Mar 31, 2023 (Jan)	23:30			-0.1%
Mar 01, 2023 (Dec)	00:30	-0.1%	0.1%	0.1%
Feb 01, 2023 (Nov)	00:30	0.1%	0.1%	0.1%
Dec 24, 2022 (Oct)	00:30	0.1%	0.1%	0.2%
Nov 30, 2022 (Sep)	00:30	0.1%	0.1%	0.3%
Oct 28, 2022	23:30	0.0%		0.1%

News

Canada’s Economy Shrinks Almost 12% in Historic April Contraction By Bloomberg - Jun 30, 2020

(Bloomberg) -- Canada’s economic activity collapsed in April, with the country recording its biggest drop in output on record in the first full month of lockdowns to curb the Covid-19 pandemic. Gross...

Economic Calendar - Top 5 Things to Watch This Week By Investing.com - May 26, 2019

Investing.com - Trade tensions look set to continue to dominate market sentiment this week, but investors will also be closely watching European Union election results, the political leadership race...

Canada’s Economy Shrinks With Poor Weather Adding to Oil Woes By Bloomberg - Apr 30, 2019

(Bloomberg) -- Canada’s economy returned to its sluggish ways in February, with a drop in output that will reinforce expectations of a slow start to the year. Gross domestic product fell 0.1...

Analysis

Week Ahead: Equity Direction Uncertain, Bonds Offer No Haven, Volatility To Endure By Pinchas Cohen/Investing.com - Jun 26, 2022

Stocks rebounded last week, but 2022 first half was still worst since 1970 Trader sentiment will split between short-term hopefuls and long-term bears Investors will likely be split into two camps in...

Week Ahead: Conflicting Themes Buoy Bullish Markets But Longer Trend Remains Lower By Pinchas Cohen/Investing.com - May 29, 2022

All four major indices jumped for the week, halting a 7-week rout Dollar slips again Gold rises The market narrative seems to have flipped to bullish after both the S&P 500 and Dow Jones finished...

Week Ahead: Bulls Hoping Big Tech Earnings Will Reverse Stock Slide; Dollar Higher By Pinchas Cohen/Investing.com - Apr 24, 2022

Mega cap tech giants report earnings Fed's favorite measure, core PCE published Friday Thus far this earnings season, despite solid results, stocks have been taking a beating, even though they are...

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