Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Stock Market (points) 36146.42 34705 33680 32933 32200
Currency 1.40 1.4 1.39 1.39 1.38
Government Bond 10Y (%) 3.56 3.63 3.55 3.49 3.44

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.00 0.1 0.3 0.4 0.5
GDP Annual Growth Rate (%) -0.10 1.1 1.9 2.1 2.4
GDP Growth Annualized (%) -0.10 1.3 1.6 1.7 1.8
Unemployment Rate (%) 6.50 6.8 6.9 7.1 7.2
Inflation Rate (%) 2.80 2.9 2.6 2.1 2
Inflation Rate MoM (%) -0.40 0.3 -0.1 0.1 0.2
Interest Rate (%) 2.25 2.25 2.25 2.25 2.25
Balance of Trade (CAD Million) 3860.00 4600 4650 4900 5000
Current Account (CAD Million) -7184.00 -2200 -3800 -2700 -4300
Manufacturing PMI (points) 53.50 52.9 52 51.4 53
Business Confidence (points) 56.20 53 54 52 54
Consumer Confidence (points) 47.60 49 49.8 50.5 51
Retail Sales MoM (%) 0.40 0.3 0.2 -0.2 0.4
Building Permits (CAD Thousand) 12374939.00 12993686 13383497 13718084 13896419
Current Account to GDP (% of GDP) -1.40 -1.2
Government Debt to GDP (% of GDP) 113.50 115
Government Budget (% of GDP) -1.20 -2.3

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.00 0.1 0.3 0.4 0.5
GDP Annual Growth Rate (%) -0.10 1.1 1.9 2.1 2.4
GDP Growth Annualized (%) -0.10 1.3 1.6 1.7 1.8
GDP Constant Prices (CAD Million) 2500680.00 2535339 2549103 2553194 2560696
Gross National Product (CAD Million) 3266836.00 3263100 3309814 3335440 3345240
Gross Fixed Capital Formation (CAD Million) 529694.00 537757 545756 540818 542407
Monthly GDP MoM (%) 0.20 0.3 0.2 0 0.5
GDP from Agriculture (CAD Million) 44461.00 48992 48227 46416 45528
GDP from Services (CAD Million) 1770490.00 1770567 1791426 1799304 1812982
GDP from Utilities (CAD Million) 48735.00 47021 48934 49133 49905
GDP from Transport (CAD Million) 107345.00 105221 107494 108470 109921
GDP from Mining (CAD Million) 125028.00 122246 122234 122911 128029
GDP from Manufacturing (CAD Million) 199607.00 203994 201498 201715 204398
GDP from Public Administration (CAD Million) 170274.00 168317 171584 171750 174361
GDP from Construction (CAD Million) 170284.00 173531 172955 170165 174371
GDP (USD Billion) 2319.90 2336
GDP per Capita (USD) 45418.13 45736
GDP per Capita PPP (USD) 57989.58 58396
Full Year GDP Growth (%) 1.74 0.7

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 6.50 6.8 6.9 7.1 7.2
Employed Persons (Thousand ) 21139.70 20950 20900 20930 20920
Unemployed Persons (Thousand ) 1469.20 1560 1600 1630 1625
Full Time Employment (Thousand) 0.60 38 20 5 31
Part Time Employment (Thousand) 17.50 23 10 0 19
Employment Change (Thousand) 18.20 65 30 5 50
Labor Force Participation Rate (%) 65.00 65.3 65.5 65.3 65.4
Labour Costs (points) 133.75 135 136 137 136
Productivity (points) 104.82 105 105 105 105
Wages (CAD/Hour) 33.05 33.28 33.79 33.66 33.68
Wages in Manufacturing (CAD/Hour) 32.07 33.15 33.84 32.51 32.68
Wage Growth (%) 3.40 3.6 3.2 2.5 1.9
Non Farm Payrolls (Thousand) 18393.00 18100 18150 18180 18090
Average Hourly Earnings (CAD) 38.61 4.4 4.4 4 4.1
Job Vacancies 506730.00 492000 493000 498000 499000
Minimum Wages (CAD/Hour) 17.95 17.95
Population (Million) 41.65 41.8

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 2.80 2.9 2.6 2.1 2
Inflation Rate MoM (%) -0.40 0.3 -0.1 0.1 0.2
Consumer Price Index CPI (points) 169.00 170 169 171 172
Core Inflation Rate (%) 2.10 2.3 2.2 2.1 2
Core Consumer Prices (points) 163.00 164 164 165 166
GDP Deflator (points) 132.80 134 135 136 135
Producer Prices (points) 145.60 143 145 153 154
Producer Prices Change (%) 13.60 9 8.6 7 6
Export Prices (points) 152.00 153 150 148 147
Import Prices (points) 150.10 142 142 140 141
Food Inflation (%) 3.50 3.7 3.5 3.4 3.1
Commodity Prices YoY (%) 20.70 11 9.5 7 5
Core Inflation Rate MoM (%) 0.10 0.2 0.4 -0.1 0.3
CPI Trimmed-Mean (Percent) 1.80 2.7 2.5 2.3 2.1
CPI Median (Percent) 1.90 2.8 2.6 2.4 2.3
Producer Price Inflation MoM (%) -1.40 0.2 0.3 0.6 0.5
CPI Transportation (points) 184.20 185 185 185 185
CPI Housing Utilities (points) 190.20 194 195 194 194

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 2.25 2.25 2.25 2.25 2.25
Money Supply M2 (CAD Million) 2832736.00 2791000 2792000 2791000 2790000
Central Bank Balance Sheet (CAD Million) 231235.00 230000 227000 221000 224000
Loans to Private Sector (CAD Million) 745025.00 730000 732000 729000 731000
Foreign Stock Investment (CAD Million) 7900.00 8100 7000 11000 12500
Private Debt to GDP (%) 161.40 161

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (CAD Million) 3860.00 4600 4650 4900 5000
Current Account (CAD Million) -7184.00 -2200 -3800 -2700 -4300
Imports (CAD Million) 73630.00 73000 73400 73900 74100
Exports (CAD Million) 77486.00 77600 78050 78800 79100
Terms of Trade (points) 101.30 108 106 106 104
Crude Oil Production (BBL/D/1K) 5047.00 5210 5200 5250 5290
Current Account to GDP (% of GDP) -1.40 -1.2

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Fiscal Expenditure (CAD Million) 36678.00 39100 40200 65040 32000
Government Debt to GDP (% of GDP) 113.50 115
Government Budget (% of GDP) -1.20 -2.3

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Manufacturing PMI (points) 53.50 52.9 52 51.4 53
Business Confidence (points) 56.20 53 54 52 54
Capacity Utilization (%) 82.50 79.9 78.9 78.7 78.6
Corporate Profits (CAD Million) 151074.00 149000 150000 152000 153000
Car Registrations (Units) 190600.00 122000 127000 125000 131000
Composite PMI (points) 47.90 49.5 51 51.5 52
Services PMI (points) 47.10 49.5 50 50.5 51
Manufacturing Sales (%) -0.10 0.5 0.8 1 0.9
Wholesale Sales (%) 2.70 0.7 1.3 1.8 0.9
Small Business Sentiment (points) 58.30 53 54 59 62

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Consumer Confidence (points) 47.60 49 49.8 50.5 51
Retail Sales MoM (%) 0.40 0.3 0.2 -0.2 0.4
Retail Sales YoY (%) 5.90 2.4 3 2.8 3.1
Retail Sales Ex Autos (%) 1.20 0.3 0.1 -0.3 0.5
Consumer Spending (CAD Million) 1439531.00 1439798 1461561 1469761 1474080
Consumer Credit (CAD Million) 827701.00 820034 831920 835861 847566
Bank Lending Rate (%) 4.45 4.45 4.45 4.45 4.45
Gasoline Prices (USD/Liter) 1.32 1.22 1.02 1.05 1.05

Housing Actual Q3/26 Q4/26 Q1/27 Q2/27
Building Permits (CAD Thousand) 12374939.00 12993686 13383497 13718084 13896419
Housing Starts (Thousand units) 239.00 210 235 280 250
House Price Index MoM (%) -0.10 0.4 0.2 0.1 0.4
House Price Index YoY (%) -2.40 -2 -1.7 0.2 0.9
Building Permits MoM (%) -1.70 5 3 2.5 1.3