Breaking News

Canada Gross Domestic Product (GDP) Annualized QoQ

Latest Release

Aug 30, 2024

Actual

2.1%

Forecast

1.6%

1.8%

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. A stronger than expected number should be taken as positive for the CAD and a lower than expected number as negative to the CAD.

Importance:

Country:

Currency: CAD

Source: Statictics Canada

Release Date	Time	Actual	Forecast	Previous
Nov 30, 2024 (Q3)	00:30			2.1%
Aug 30, 2024 (Q2)	23:30	2.1%	1.6%	1.8%
May 31, 2024 (Q1)	23:30	1.7%	2.2%	0.1%
Mar 01, 2024 (Q4)	00:30	1.0%	0.8%	-0.5%
Dec 01, 2023 (Q3)	00:30	-1.1%	0.2%	1.4%
Sep 01, 2023 (Q2)	23:30	-0.2%	1.2%	2.6%

News

Canada Economy Expands 3.3% in Second-Quarter, Shrinks in July By Bloomberg - Aug 31, 2022 3

(Bloomberg) -- The Canadian economy accelerated in the second quarter as the nation benefited from surging commodity prices and got a boost from the lifting of Covid-related lockdowns, though signs...

Economic Calendar - Top 5 Things To Watch This Week By Investing.com - Mar 25, 2018

Investing.com - Rhetoric rather than economics could be the main driver of sentiment in the week ahead, as investors watch further developments amid a brewing trade war between the U.S. and China. On...

The Week Ahead: 5 Things to Watch on the Economic Calendar By Investing.com - May 28, 2017

Investing.com - Global financial markets will focus on this week's U.S. employment report due Friday for further signs of the Federal Reserve's likely rate hike trajectory through the end of the...

Analysis

PREVIEW: BoC policy announcement - Rates, QE & Guidance Expected To Be Unchanged By Ryan Anderson - Sep 08, 2021

BoC policy announcement due Wednesday 8th September at 15:00BST/10:00EDT Rates, QE, and forward guidance are expected to be left unchanged No press conference, MPR, or forecasts, but Governor Macklem...

Bank Of Canada Rate Decision: 3 Potential Outcomes By Kathy Lien - Jan 17, 2018

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Wednesday’s Bank of Canada monetary policy meeting is the most important event risk this week and according to interest...

Dollar Powers Higher, Unfazed By Weak Jobs Report By Kathy Lien - Sep 02, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar is strong and the market’s reaction to what was an unquestionably weak jobs report is a testament to its...

GDP Annualized (QoQ) Discussion

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