Read more
1:40 PM · 2 March 2021

Canada GDP growth above forecasts

-
-
Open account Download free app

The Canadian economy expanded at 2.3% on quarter in Q4 2020, following a 8.9% increase in the previous period.

The Canadian economy grew only 0.1 % over a month earlier in December, following an upwardly revised 0.8% expansion in the previous month and compared to market expectations of a 0.3 % gain. It is the eight consecutive month of expansion following the biggest contraction on record in March and April.

GDP Growth Annualized in Canada decreased to 9.60 % in the fourth quarter of 2020 from 40.60 % in the third quarter of 2020, above market forecasts of 7.2%.

USDCAD saw a relatively small reaction to today’s data releases. The currency pair continued to trade around the 1.2670 level. Source: xStation5

11 February 2026, 1:31 PM

BREAKING: US100 jumps amid stronger than expected US NFP report

11 February 2026, 8:30 AM

Economic calendar: NFP data and US oil inventory report 💡

11 February 2026, 6:33 AM

Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)

10 February 2026, 1:31 PM

BREAKING: US RETAIL SALES BELOW EXPECTATIONS

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits