The Canadian economy likely expanded 0.4% month-over-month in April 2026, the most since January 2025, recovering from a 0.1% drop in March, according to preliminary estimates. In March, the GDP shrank for the first time in five months, mainly driven by a 0.8% contraction in goods-producing industries. Oil and gas extraction decreased 2% and oil and gas extraction (except oil sands) was down 2.3%, the largest drop in over a year, as lower crude petroleum extraction in the Western provinces and Atlantic Canada contributed to the decline. Lower natural gas extraction further contributed. In addition, the construction sector was down 0.6% and retail trade contracted 0.6% while wholesale trade rose 1.8%, to mark the largest back-to-back monthly growth rates in over four years. source: Statistics Canada

Monthly GDP MoM in Canada increased to 0.40 percent in April from -0.10 percent in March 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 June of 2026.

Monthly GDP MoM in Canada increased to 0.40 percent in April from -0.10 percent in March 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 12:30 PM
GDP MoM
Mar -0.1% 0.2% 0% 0.0%
2026-05-29 12:30 PM
GDP MoM Prel
Apr 0.4% -0.1%
2026-06-30 12:30 PM
GDP MoM
Apr -0.1% 0.4% 0.4%


Related Last Previous Unit Reference
Full Year GDP Growth 1.74 2.05 percent Dec 2025
GDP 2241.25 2173.34 USD Billion Dec 2024
GDP Annual Growth Rate -0.10 0.70 percent Mar 2026
GDP Constant Prices 2500680.00 2501573.00 CAD Million Mar 2026
GDP from Agriculture 45578.00 46070.00 CAD Million Mar 2026
GDP from Construction 166371.00 167398.00 CAD Million Mar 2026
GDP from Manufacturing 198729.00 198012.00 CAD Million Mar 2026
GDP from Mining 119254.00 121786.00 CAD Million Mar 2026
GDP from Public Administration 168220.00 167541.00 CAD Million Mar 2026
GDP from Services 1762291.00 1760191.00 CAD Million Mar 2026
GDP from Transport 105975.00 106024.00 CAD Million Mar 2026
GDP from Utilities 48081.00 48070.00 CAD Million Mar 2026
GDP Growth Rate Annualized -0.10 -1.00 percent Mar 2026
GDP Growth Rate 0.00 -0.20 percent Mar 2026
GDP per Capita 44401.72 45048.28 USD Dec 2024
GDP per Capita PPP 56691.91 57517.44 USD Dec 2024
Gross Fixed Capital Formation 529694.00 535580.00 CAD Million Mar 2026
Gross National Product 3266836.00 3248100.00 CAD Million Mar 2026
GDP MoM Prel 0.40 -0.10 percent Apr 2026


Canada Monthly GDP MoM
In Canada, Monthly GDP MoM measures the change in the value of the goods and services produced by the country's economy compared to the previous month.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 -0.10 5.90 -10.70 1997 - 2026 percent Monthly
SA

News Stream
Canada GDP Set to Rebound in April
The Canadian economy likely expanded 0.4% month-over-month in April 2026, the most since January 2025, recovering from a 0.1% drop in March, according to preliminary estimates. In March, the GDP shrank for the first time in five months, mainly driven by a 0.8% contraction in goods-producing industries. Oil and gas extraction decreased 2% and oil and gas extraction (except oil sands) was down 2.3%, the largest drop in over a year, as lower crude petroleum extraction in the Western provinces and Atlantic Canada contributed to the decline. Lower natural gas extraction further contributed. In addition, the construction sector was down 0.6% and retail trade contracted 0.6% while wholesale trade rose 1.8%, to mark the largest back-to-back monthly growth rates in over four years.
2026-05-29
Canadian GDP Seen Unchanged in March
The Canadian gross domestic product remained unchanged from the previous month in March of 2026, according to a flash estimate. Increases in wholesale trade and transportation and warehousing were offset by decreases in retail trade and mining, quarrying, and oil and gas extraction. Canadian GDP expanded by 0.2% in February 2026 from the previous month, matching estimates. Manufacturing led growth, rising 1.8% on a 3.6% expansion in durable-goods industries, the largest monthly gain since January 2023. Mining, quarrying, and oil and gas extraction grew 0.4% as oil and gas extraction recorded its second consecutive monthly increase and mining and quarrying (except oil and gas) added 1.2%. Wholesale trade rose 0.9% and transportation and warehousing increased 1.2%. Advance data shows the economy is expected to grow 0.4% in Q1 2026.
2026-04-30
Canada GDP Seen Expanding for 3rd Month
The Canadian gross domestic product expanded by 0.2% from the previous month in February of 2026, according to a flash estimate. This was supported by higher output in manufacturing, mining, and quarrying, and financial services, which offset contractions for agriculture and forestry. The expansion is set to extend the 0.1% growth rate from January, which was upwardly revised from the initial estimate of a stall. Growth was carried by goods producing industries (0.2%) as higher construction (2.2%) and mining and quarrying (1.2%) offset the drop for manufacturing (-1.4%). In turn, services producing industries stalled. Output increased in finance and insurance (0.5%), and retail trade (0.8%), offsetting the contraction for wholesale trade (-1.2%) and transportation and warehousing (-0.7%), which was pressured by extreme weather conditions that prevented logistics.
2026-03-31