The Canadian GDP is expected to have expanded by 0.2% from the previous month in August 2026, according to a flash estimate.Growth likely reflected gains in mining and quarrying and retail trade, partly offset by declines in oil and gas extraction. The figure follows a flat reading in July, in line with market expectations, following three consecutive months of growth. The goods-producing sector, which contributes roughly a quarter of the GDP, was essentially unchanged in July, as increases in construction (1.3%) and utilities (1.7%) were offset by declines in manufacturing (-0.9%) and mining, quarrying and oil and gas (-0.5%). Simultaneously, the services-producing industries aggregate remained flat, as growth in sectors such as professional, scientific and technical services (0.3%); real estate and rental and leasing (0.2%) and accommodation and food services (0.8%) was offset by declines in retail trade (-1%) and wholesale trade (-0.4%). source: Statistics Canada
Monthly GDP MoM in Canada increased to 0.20 percent in August from 0 percent in July of 2026. Monthly GDP MoM in Canada averaged 0.19 percent from 1997 until 2026, reaching an all time high of 5.90 percent in June of 2020 and a record low of -10.70 percent in April of 2020. This page includes a chart with historical data for Canada Monthly GDP MoM. Canada Monthly GDP MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.
Monthly GDP MoM in Canada increased to 0.20 percent in August from 0 percent in July of 2026. Monthly GDP MoM in Canada is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Monthly GDP MoM is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.