Canada’s GDP flat in July; preliminary August estimate up 0.2%
The September 29 release separates a flat month from an estimate still subject to revision.
New report on the September 29 release. The reference months are July and August 2026.
Canada’s real gross domestic product was essentially unchanged in July 2026, according to Statistics Canada’s September 29 release. Its preliminary estimate for August points to growth of 0.2%. [1]
A monthly slowdown
Reuters reports that the result follows three months of growth and matches expectations. It describes a softer start to the third quarter after the spring expansion. [2]
Different directions
Nova Scotia’s Finance Department highlights a 1.3% increase in construction and a 0.9% decline in manufacturing. Movements across industries therefore partly offset each other. [3]
The next check
The August estimate will be updated on October 30. It remains subject to revision and is not a quarterly result. [1]
Perspectives compared
Sources and documents
- [1] Statistics Canada ↗September 29, 2026
- [2] Reuters — Promit Mukherjee / Investing.com ↗September 29, 2026
- [3] Nova Scotia Department of Finance ↗September 29, 2026