Canada's quarterly GDP growth rate measures the percentage change in real output from the prior quarter, published by the national statistics office. It is the most widely cited short-run growth indicator for Canada.
Why FX traders watch it
Quarter-on-quarter GDP growth directly informs the Bank of Canada's assessment of spare capacity in the Canada economy. Two consecutive negative prints define a technical recession, an event that can trigger a sustained shift in cad positioning.
How to interpret the data
A quarter-on-quarter rate above market expectations generally supports the cad, while a miss or contraction increases the likelihood of accommodative policy and can weigh on the exchange rate.
Historical الناتج المحلي الإجمالي الفصلي (GDP) (CAD)
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 الناتج المحلي الإجمالي الفصلي (GDP) data for CAD from 2023:
GET https://fxmacrodata.com/api/v1/announcements/cad/gdp_quarterly?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY
Frequently Asked Questions
What is the difference between GDP and quarterly GDP?
The 'gdp' series typically refers to the level (e.g. billions of %QoQ), while 'gdp_quarterly' is the percentage change from the prior quarter—the figure most quoted in headlines.