The GDP in Canada decreased at an annualized 0.1% rate in the first three months of 2026, extending the 1% drop in the previous period, and entering into a technical recession. The figures were much worse than forecasts of a 1.5% expansion. Higher imports of goods, particularly gold, were offset by accumulations of business inventories. Decreased business and government capital investment was counterbalanced by higher household spending. source: Statistics Canada
GDP Growth Annualized in Canada averaged 2.96 percent from 1961 until 2026, reaching an all time high of 36.30 percent in the third quarter of 2020 and a record low of -44.00 percent in the second quarter of 2020. This page provides - Canada Gdp Growth Annualized - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Growth Annualized - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
GDP Growth Annualized in Canada is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada GDP Growth Annualized is projected to trend around 2.10 percent in 2027 and 2.00 percent in 2028, according to our econometric models.