Canada’s economic growth moderated in June 2026, with gross domestic product (GDP) expanding by 0.2% month-over-month, down from a 0.3% increase in May 2026. The latest figures, updated on 31 July 2026, indicate a slight cooling in the pace of expansion as measured on a month-over-month basis.
The comparison shows that while the economy continued to grow, the momentum eased between May and June. The “actual” June reading of 0.2% reflects the change from May, whereas the “previous” 0.3% figure for May captures the change from April, underscoring a gradual deceleration over the two-month period. Investors and policymakers are likely to watch upcoming releases closely for further signs of whether this slowdown marks the beginning of a broader trend or a temporary pause in Canada’s economic momentum.
