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M2 Money Supply (CAD)

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Latest reading: 1444972.0 CAD mn · Last updated: · Source: Bank of Canada/StatCan

Category: Money & Credit

API Endpoint

/api/v1/announcements/cad/m2

Use the production OpenAPI schema for the authoritative REST route metadata.

https://fxmacrodata.com/api/openapi.json

Browse the full endpoint reference

Compare M2 Money Supply across all supported currencies →

About M2 Money Supply (CAD)

M2 money supply for Canada adds savings accounts, money market funds, and small time deposits to M1, providing a broader measure of the money stock. It is the most commonly referenced broad money aggregate in policy analysis.

Why FX traders watch it

M2 growth is a key input to monetarist models of inflation. The Bank of Canada monitors M2 to assess the pace of credit creation and liquidity in the economy. Rapid M2 expansion can be a precursor to inflation.

How to interpret the data

Above-trend M2 growth over 6–12 months is a medium-term inflation risk and can support a hawkish Bank of Canada stance, which is cad-positive. Contracting M2 (as seen in some post-QE tightening periods) signals deflationary pressure.

Historical M2 Money Supply (CAD)

Source: Bank of Canada/StatCan  ·  Monthly  ·  CAD mn

Data provided by FXMacroData via the /api/v1/announcements/cad/m2 endpoint. For access, see pricing.

Data Source

Primary Source

Bank of Canada/StatCan

Official Series ID

V37152

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

CAD mn

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format. 

{
    "currency": "CAD",
    "indicator": "m2",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve M2 Money Supply data for CAD from 2023: 

GET https://fxmacrodata.com/api/v1/announcements/cad/m2?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How often is Canada M2 Money Supply updated?
M2 Money Supply for Canada is released on a monthly schedule by Bank of Canada (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is M2 Money Supply reported in?
The series is published in CAD mn. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source Canada M2 Money Supply data?
Data is fetched directly from Bank of Canada or the official national statistics publication for Canada. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query M2 Money Supply for Canada via the API?
Issue a GET request to /api/v1/announcements/cad/m2?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.