Breaking News

Canada Gross Domestic Product (GDP) QoQ

Latest Release

May 30, 2025

Actual

0.5%

Gross Domestic Product (GDP) gauges the inflation-adjusted value of all goods and services produced within the economy. It is the most comprehensive measure of economic activity and an important indicator of economic health.

A reading that is stronger than forecast is generally supportive (bullish) for the CAD, while a weaker than forecast reading is generally negative (bearish) for the CAD.

Importance:

Country:

Currency: CAD

Source: Statictics Canada

Release Date	Time	Actual	Previous
May 30, 2025 (Q1)	14:30	0.5%	0.5%
Feb 28, 2025 (Q4)	15:30	0.6%	0.5%
Nov 29, 2024 (Q3)	15:30	0.3%	0.5%
Aug 30, 2024 (Q2)	14:30	0.5%	0.4%
May 31, 2024 (Q1)	14:30	0.4%	0.0%
Feb 29, 2024 (Q4)	15:30	0.2%	-0.1%

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On Wednesday, the Bank of Canada cut its key benchmark rate by 50bps. They have now cut by 150 bps in 2024, compared to what will likely be 100 bps for the Fed after next week’s meeting. Unlike the...

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