FX.co ★ Canada’s GDP Growth Stalls at 0.5% in April, Signaling Loss of Momentum

Canada’s economy lost momentum in April 2026, with gross domestic product (GDP) growth halting at 0.5% on a month-over-month basis. According to the latest data updated on 30 June 2026, the current reading reflects a pause in the pace of expansion compared with the previous month’s month-over-month change.

The April figure of 0.5% is assessed using a month-over-month comparison, meaning it measures the change in output in April relative to March. By contrast, the “previous” indicator captured the change in March relative to February, highlighting that April’s result marks a clear slowdown in the short-term growth trend. With GDP stuck at 0.5%, the data suggest the Canadian economy may be entering a more cautious phase after earlier gains.