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Canada Gross Domestic Product (GDP) Growth
Canada's Gross Domestic Product (GDP) measures the total inflation-adjusted value of all goods and services produced by the economy, released monthly. It is the broadest single gauge of economic health and is closely tracked by the Bank of Canada when setting monetary policy.
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Why Gross Domestic Product (GDP) Growth matters for CAD
GDP is a primary driver of central bank rate decisions—strong growth raises the probability of tighter monetary policy, which tends to support the cad. Divergences in growth between two economies are a core foundation of FX fundamental analysis.
How to interpret this series
A print above consensus suggests the Canada economy is expanding faster than expected, which is broadly positive for the cad. A miss can fuel rate-cut expectations and weaken the currency. Revisions to prior quarters can be as market-moving as the headline release.
Historical Gross Domestic Product (GDP) Growth
Source: Statistics Canada. Cadence: Monthly. Unit: CAD bn. History from 2021-04-30 (5.1 years).
Recent announcements
Each release gets a durable child page so data, forecast, previous value, and raw fields can be cited directly.
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Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Housing Starts
Number of new residential construction projects that have begun in a given period, a key indicator of economic activity and construction sector health.
Inflation MoM
Month-over-month change in the consumer price index, measuring short-term inflationary momentum.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Common questions
Editorial context for readers and AI agents using this page as a cited country indicator source.
How often is Canada GDP released?
GDP for Canada is published on a monthly basis, typically with an advance estimate followed by revision rounds.
What unit is Canada GDP measured in?
The series is expressed in CAD bn.
Who publishes Canada GDP data?
The official source is Bank of Canada or the national statistics agency. FXMacroData delivers this series with announcement timestamps via the /api/v1/announcements/cad/gdp endpoint.