30 April 2026, 22:26 Canada: 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.
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