This indicator measures the annual percentage change in the total value of goods and services produced in Canada.
Releases at
14:30
Friday, October 30, 2026 at 14:30
GDP growth is a broad measure of economic health and indicates whether the economy is expanding or contracting over the past year.
Central banks and investors watch GDP closely to gauge the strength of economic activity, which influences monetary policy decisions and market sentiment.
Stronger GDP growth can lead to expectations of higher interest rates, while weaker growth may prompt stimulus measures or rate cuts.
Markets may react positively, with the Canadian dollar strengthening and equity markets rising on optimism about economic prospects.
Markets may react negatively, with the Canadian dollar weakening and equities falling due to concerns about economic slowdown.
Markets may show limited reaction as the data confirms current economic outlooks.