Canada GDP growth above forecasts

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

21 May 2026, 2:54 PM

BREAKING: Mixed PMI from US

21 May 2026, 8:53 AM

Significant Weakness Following PMI Releases from France and Germany. ECB Hike Under Threat?

21 May 2026, 7:31 AM

Economic Calendar - Will Weak Asian PMIs Point to Weakness in Europe and the US?

20 May 2026, 7:24 PM

URGENT: Hawkish FOMC minutes fail to halt market gains

Economic reports

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