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Canada Narrow Money (M1)
M1 money supply for Canada covers the most liquid forms of money: currency in circulation, demand deposits, and other balances immediately convertible to cash. It is published monthly by the Bank of Canada or national statistics agency.
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Why Narrow Money (M1) matters for CAD
Rapid M1 growth can signal future inflationary pressures via the quantity theory of money. Conversely, shrinking M1 may indicate tightening monetary conditions, which reduces inflation risk but also slows economic activity.
How to interpret this series
M1 alone is rarely a primary FX catalyst, but sustained above-trend growth is a medium-term inflation risk and may increase rate-hike probability, supporting the cad. Contracting M1 is associated with tighter liquidity.
Historical Narrow Money (M1)
Source: Bank of Canada. Cadence: Monthly. Unit: CAD mn. History from 1975-03-01 (51.3 years).
Recent announcements
Each release gets a durable child page so data, forecast, previous value, and raw fields can be cited directly.
Related Canada indicators
Move to adjacent releases in the same macro category.
Common questions
Editorial context for readers and AI agents using this page as a cited country indicator source.
How often is Canada Narrow Money (M1) updated?
Narrow Money (M1) 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 Narrow Money (M1) 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 Narrow Money (M1) 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 Narrow Money (M1) for Canada via the API?
Issue a GET request to /api/v1/announcements/cad/m1?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.