FX.co ★ Canada’s GDP Stalls for Second Straight Month in August, Signalling Flat Growth Momentum

Canada’s economy showed no growth for a second consecutive month in August 2026, with gross domestic product (GDP) remaining unchanged at 0.0% month-over-month. The flat reading mirrors July 2026, when GDP also registered 0.0% compared with the prior month.

On a month-over-month basis, the latest data indicate that economic activity neither expanded nor contracted in August relative to July. Likewise, July’s figure reflected no change compared with June, pointing to a period of stalled momentum rather than a clear acceleration or downturn.

The figures, updated on 30 October 2026, highlight a steady but stagnant short-term growth pattern, as back-to-back zero readings suggest that Canada’s output has effectively plateaued over the summer period on a monthly comparison basis.