Canada’s economy showed no growth in January 2026, with month-over-month GDP flat at 0.0%, according to data updated on 27 February 2026. The reading marks a pause after modest expansion in December 2025, when GDP rose 0.2% compared with the previous month.
On a month-over-month basis, the latest figure indicates that economic momentum has cooled at the start of the year. While December’s 0.2% gain suggested a still-growing economy, January’s stagnation highlights a shift to a more cautious footing, with overall output neither expanding nor contracting compared with the prior month.
The data are based on a month-over-month comparison, where the “actual” value for January reflects the change from December 2025, and the “previous” value captures December’s change relative to November 2025. This framework underlines the loss of short-term momentum as the Canadian economy transitioned from modest growth at the end of 2025 to a standstill in early 2026.
