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Canada GDP (monthly)

The monthly change in Canada's real gross domestic product by industry, the value of what the economy produced after removing price changes.

Impact
Medium impact
Currency
CAD
Schedule
Monthly, about two months after the month it covers, at 08:30 Toronto time
Publisher
Statistics Canada
Next release
Latest
0.0% (Aug 2026)previous 0.0%

What it measures

Monthly GDP by industry adds up the value that each industry adds in the month, after removing price changes. The calendar shows the change from the previous month.

Who publishes it and when

Statistics Canada publishes it at 08:30 Toronto time, about two months after the month it describes. The same release usually includes an advance estimate for the next month, which is often what moves the market.

How it is put together

It is built from industry data on output, sales and hours worked. Quarterly GDP from the expenditure side, published separately, uses different sources and can differ from the sum of the monthly figures.

What traders watch

Traders look at the advance estimate for the following month as much as the official monthly figure, and at which industries drove the change, including energy.

How markets have usually reacted

Moves are usually moderate. A clear surprise, especially in the advance estimate, has sometimes moved the Canadian dollar in its direction.

Common mistakes

  • Missing the advance estimate inside the release.
  • Confusing it with the quarterly GDP figure, which is shown at an annual rate.

How a higher or lower figure is usually read

Faster growth than last month is usually read as supportive for the Canadian dollar; slower growth as negative. Not a signal.

Release history

DatePeriodActualPrevious
Aug 20260.0%0.0%

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Official source

Source: Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Calendar data: www150.statcan.gc.ca

Published by Statistics Canada: www150.statcan.gc.ca