Markets Actual Q4/26 Q1/27 Q2/27 Q3/27
Stock Market (points) 35532.28 35072 34021 33248 32493
Currency 1.40 1.39 1.39 1.38 1.38
Government Bond 10Y (%) 3.78 3.76 3.67 3.61 3.55

Overview Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 0.80 0.5 0.6 0.7 0.4
GDP Growth Annualized (%) 3.30 0.8 1.7 1.8 1.5
GDP Annual Growth Rate (%) 1.10 1.5 1.8 1.9 1.4
Unemployment Rate (%) 6.50 6.6 6.7 6.7 6.8
Inflation Rate (%) 3.10 3.3 3.1 3 3
Inflation Rate MoM (%) 0.10 -0.1 0.1 0.2 0.2
Interest Rate (%) 2.50 2.75 2.75 2.75 2.75
Balance of Trade (CAD Million) 4198.80 4650 4900 5000 4300
Current Account (CAD Million) 8800.00 1800 -700 -1300 190
Manufacturing PMI (points) 49.60 52 51.4 53 52.6
Business Confidence (points) 58.20 51 52 54 55
Consumer Confidence (points) 47.30 47.8 49.5 51 51.9
Retail Sales MoM (%) 0.70 0.2 -0.2 0.4 0.3
Building Permits (CAD Thousand) 13571697.00 13978848 14328319 14514587 14659733
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 Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 0.80 0.5 0.6 0.7 0.4
GDP Growth Annualized (%) 3.30 0.8 1.7 1.8 1.5
GDP Annual Growth Rate (%) 1.10 1.5 1.8 1.9 1.4
GDP Constant Prices (CAD Million) 2524127.00 2539097 2548669 2572085 2559465
Gross National Product (CAD Million) 3379468.00 3296822 3326380 3443678 3426781
Gross Fixed Capital Formation (CAD Million) 534210.00 543614 536892 544360 541689
Monthly GDP MoM (%) -0.10 0.2 0.3 0.5 0.4
GDP from Agriculture (CAD Million) 44222.00 48042 46332 45353 44841
GDP from Utilities (CAD Million) 48591.00 48714 48953 49016 49271
GDP from Services (CAD Million) 1778199.00 1783792 1793870 1813746 1803094
GDP from Manufacturing (CAD Million) 202895.00 200750 201214 206149 205736
GDP from Public Administration (CAD Million) 170084.00 170923 171742 175113 172465
GDP from Construction (CAD Million) 172379.00 171961 168764 172802 174792
GDP from Transport (CAD Million) 108198.00 106906 108155 109801 109713
GDP from Mining (CAD Million) 123352.00 121768 122594 126543 125079
GDP (USD Billion) 2319.90 2350
GDP per Capita (USD) 45418.13 46009
GDP per Capita PPP (USD) 57989.58 58743
Full Year GDP Growth (%) 1.74 1.3

Labour Actual Q4/26 Q1/27 Q2/27 Q3/27
Unemployment Rate (%) 6.50 6.6 6.7 6.7 6.8
Unemployed Persons (Thousand ) 1474.90 1490 1530 1525 1550
Employed Persons (Thousand ) 21104.80 21100 20930 20920 21000
Full Time Employment (Thousand) -35.40 20 5 31 15
Part Time Employment (Thousand) -32.90 10 0 4 20
Employment Change (Thousand) -68.30 30 5 50 35
Labor Force Participation Rate (%) 64.80 65.5 65.3 65.4 65.6
Labour Costs (points) 134.30 136 137 137 137
Productivity (points) 105.28 104 104 105 105
Wages (CAD/Hour) 33.10 33.79 33.66 33.36 33.76
Wages in Manufacturing (CAD/Hour) 32.21 33.84 32.51 32.52 32.85
Wage Growth (%) 3.70 3.2 2.5 1.9 2
Non Farm Payrolls (Thousand) 18369.00 18350 18280 18190 18120
Average Hourly Earnings (CAD) 37.64 3.1 2.9 3 3.1
Job Vacancies 510220.00 493000 498000 499000 491000
Minimum Wages (CAD/Hour) 17.95 17.95
Population (Million) 41.65 41.8

Prices Actual Q4/26 Q1/27 Q2/27 Q3/27
Inflation Rate (%) 3.10 3.3 3.1 3 3
Inflation Rate MoM (%) 0.10 -0.1 0.1 0.2 0.2
Consumer Price Index CPI (points) 170.00 170 173 174 175
Core Inflation Rate (%) 2.20 2.5 2.3 2.2 2.2
Core Consumer Prices (points) 163.60 164 165 167 167
GDP Deflator (points) 136.20 136 137 140 140
Producer Prices (points) 150.70 152 160 160 163
Producer Prices Change (%) 14.50 14 12 10 8
Export Prices (points) 154.80 150 148 147 145
Import Prices (points) 150.40 142 140 141 138
Food Inflation (%) 2.20 2.9 3 2.7 2.5
Commodity Prices YoY (%) 27.00 17 12 9 6
Core Inflation Rate MoM (%) 0.00 0.4 -0.1 0.3 0.3
CPI Trimmed-Mean (Percent) 1.80 2.1 2 2 1.9
CPI Median (Percent) 1.90 2.3 2.2 2.1 2
Producer Price Inflation MoM (%) 2.00 0.3 0.6 0.5 0.3
CPI Transportation (points) 186.30 186 186 187 187
CPI Housing Utilities (points) 191.50 196 196 196 197

Money Actual Q4/26 Q1/27 Q2/27 Q3/27
Interest Rate (%) 2.50 2.75 2.75 2.75 2.75
Money Supply M2 (CAD Million) 2863208.00 2892000 2893000 2895000 2896100
Central Bank Balance Sheet (CAD Million) 242657.00 231000 229000 228000 226500
Loans to Private Sector (CAD Million) 757991.00 752000 749000 743000 741000
Foreign Stock Investment (CAD Million) -17310.00 27000 12000 21500 18700
Private Debt to GDP (%) 161.40 161

Trade Actual Q4/26 Q1/27 Q2/27 Q3/27
Balance of Trade (CAD Million) 4198.80 4650 4900 5000 4300
Current Account (CAD Million) 8800.00 1800 -700 -1300 190
Imports (CAD Million) 73710.00 73400 73900 74100 74700
Exports (CAD Million) 77908.90 78050 78800 79100 79000
Terms of Trade (points) 102.90 106 106 104 105
Crude Oil Production (BBL/D/1K) 4952.00 4900 5010 5190 5200
Current Account to GDP (% of GDP) -1.40 -1.2

Government Actual Q4/26 Q1/27 Q2/27 Q3/27
Fiscal Expenditure (CAD Million) 36983.00 40200 65040 36000 38000
Government Debt to GDP (% of GDP) 113.50 115
Government Budget (% of GDP) -1.20 -2.3

Business Actual Q4/26 Q1/27 Q2/27 Q3/27
Manufacturing PMI (points) 49.60 52 51.4 53 52.6
Business Confidence (points) 58.20 51 52 54 55
Capacity Utilization (%) 81.90 81.8 81.9 82 81.3
Corporate Profits (CAD Million) 162059.00 161000 152000 153000 157000
Car Registrations (Units) 174611.00 167000 175000 171000 169000
Services PMI (points) 48.30 50 50.5 51 52.6
Composite PMI (points) 48.70 51 51.5 52 52.3
Manufacturing Sales (%) 0.10 0.8 1 0.9 0.5
Wholesale Sales (%) 0.50 0.5 1.8 0.9 0.7
Small Business Sentiment (points) 50.00 51 55 58 59

Consumer Actual Q4/26 Q1/27 Q2/27 Q3/27
Consumer Confidence (points) 47.30 47.8 49.5 51 51.9
Retail Sales MoM (%) 0.70 0.2 -0.2 0.4 0.3
Retail Sales Ex Autos (%) 1.20 0.1 -0.3 0.5 0.4
Retail Sales YoY (%) 5.40 3 2.8 3.1 2.9
Consumer Spending (CAD Million) 1454690.00 1455824 1468768 1482329 1475056
Consumer Credit (CAD Million) 842533.00 828654 832650 850216 854328
Bank Lending Rate (%) 4.45 4.7 4.7 4.7 4.7
Gasoline Prices (USD/Liter) 1.28 1.32 1.4 1.46 1.52

Housing Actual Q4/26 Q1/27 Q2/27 Q3/27
Building Permits (CAD Thousand) 13571697.00 13978848 14328319 14514587 14659733
Housing Starts (Thousand units) 248.90 215 220 250 210
Building Permits MoM (%) 8.80 3 2.5 1.3 1
House Price Index YoY (%) -2.03 -1.7 0.2 0.9 1.4
House Price Index MoM (%) -0.20 0.2 0.1 0.4 0.5