Canada's official August GDP due 30 October after a flat July and an advance estimate of +0.2%
Statistics Canada publishes official GDP by industry for August on 30 October. The July figure was flat, and the advance estimate for August is an increase of 0.2%.
Statistics Canada publishes official GDP by industry for August 2026 on 30 October. The release will replace the advance estimate, which put August real GDP up 0.2%.
The last reading
Real GDP was essentially unchanged in July, with construction up 1.3% and manufacturing down 0.9%. Ten of 20 industrial sectors expanded (July report). Retail trade fell 1.0% in July, with gasoline stations down 3.5%.
What to watch
The advance estimate is based on partial data, so the official figure can differ. Mining and retail were the sectors that supported the advance estimate. If manufacturing and construction hold up, the August figure will support the view that the economy is steadier than it was in the summer.
Why it matters for the loonie
GDP sits alongside the labour market and inflation in the Bank of Canada's assessment, and the Bank decides on 28 October (Bank preview). For the wider context, see oil prices and the Canadian dollar. Live prices: USD/CAD.
Sources
Common questions
When is Canada's official August GDP released?
Statistics Canada publishes it on 30 October 2026.
What was the advance estimate for Canada's August GDP?
The advance estimate put real GDP up 0.2% in August.
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