Canada’s economic momentum paused in July 2026, with month-over-month GDP growth flat at 0.0%, following a solid 0.4% expansion in June 2026. The latest figures, updated on 29 September 2026, indicate that the economy neither expanded nor contracted in July on a month-over-month basis.
The comparison is based on changes from one month to the previous month: June’s 0.4% reading reflected growth versus May, while July’s 0.0% shows no change from June. The halt in growth may signal a cooling phase after earlier gains, and will likely draw close attention from analysts watching for signs of shifting momentum in Canada’s economic cycle.