The Canadian GDP is expected to have grown by 0.2% from the previous month in June of 2026, translating to a 0.8% expansion in the second quarter. The preliminary data indicated higher output for wholesale, finance and insurance, and retail trade. These offset declines for utilities and agriculture. Richer data showed that the GDP expanded by 0.3% in May, reflecting some resilience despite the inflationary pressure from higher energy prices in the period due to the war in Iran. Goods producing industries expanded by 0.6% amid as higher oil and gas prices lifted mining, quarrying, and oil and gas extraction output by 1%. Meanwhile, services expanded by 0.2%, as a 0.4% growth rate in real estate and 0.3% jump in retail trade offset a 0.4% contraction in wholesale trade. source: Statistics Canada

Monthly GDP MoM in Canada decreased to 0.20 percent in June from 0.30 percent in May 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 August of 2026.

Monthly GDP MoM in Canada decreased to 0.20 percent in June from 0.30 percent in May of 2026. Monthly GDP MoM in Canada is expected to be 0.30 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
2026-07-31 12:30 PM
GDP MoM
May 0.3% 0.6% 0.2% 0.1%
2026-07-31 12:30 PM
GDP MoM Prel
Jun 0.2% 0.1% 0.2%
2026-08-28 12:30 PM
GDP MoM
Jun 0.3% 0.2%


Related Last Previous Unit Reference
Full Year GDP Growth 1.74 2.05 percent Dec 2025
GDP 2319.90 2270.08 USD Billion Dec 2025
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 44461.00 44883.00 CAD Million May 2026
GDP from Construction 170284.00 168866.00 CAD Million May 2026
GDP from Manufacturing 199607.00 198968.00 CAD Million May 2026
GDP from Mining 125028.00 123851.00 CAD Million May 2026
GDP from Public Administration 170274.00 169207.00 CAD Million May 2026
GDP from Services 1770490.00 1766394.00 CAD Million May 2026
GDP from Transport 107345.00 106984.00 CAD Million May 2026
GDP from Utilities 48735.00 48418.00 CAD Million May 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 45418.13 45061.39 USD Dec 2025
GDP per Capita PPP 57989.58 57534.09 USD Dec 2025
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 0.20 0.30 percent Jun 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
0.20 0.30 5.90 -10.70 1997 - 2026 percent Monthly
SA

News Stream
Canada GDP Expands Further
The Canadian GDP is expected to have grown by 0.2% from the previous month in June of 2026, translating to a 0.8% expansion in the second quarter. The preliminary data indicated higher output for wholesale, finance and insurance, and retail trade. These offset declines for utilities and agriculture. Richer data showed that the GDP expanded by 0.3% in May, reflecting some resilience despite the inflationary pressure from higher energy prices in the period due to the war in Iran. Goods producing industries expanded by 0.6% amid as higher oil and gas prices lifted mining, quarrying, and oil and gas extraction output by 1%. Meanwhile, services expanded by 0.2%, as a 0.4% growth rate in real estate and 0.3% jump in retail trade offset a 0.4% contraction in wholesale trade.
2026-07-31
Canada GDP Expands Further
The Canadian GDP is estimated to have expanded by 0.1% from the previous month in May of 2026 with support from finance and insurance, and real estate and leasing services, which were offset by declines in wholesale trade and agriculture, forestry, fishing, and hunting, according to preliminary data. This would follow a 0.5% jump in April, revised higher from the preliminary estimate of 0.4%, to mark the sharpest increase in over three years. This reflected fresh traction in a period of surging energy prices and lingering pressure from US tariffs, which drove the BoC to flag significant growth risks to Canada. Mining, quarrying, and oil and as extraction expanded by 2.9% amid the increase in energy prices. Growth was also notable transportation and warehousing (0.9%), accommodation and food services (1%), and in construction (0.7%), which rebounded from five months of declines.
2026-06-30
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