FX.co ★ Canada’s Economy Rebounds in April as GDP Grows 0.4% Month-on-Month

Canada’s economy showed renewed momentum in April 2026, with Gross Domestic Product (GDP) expanding by 0.4% on a month-over-month basis, according to data updated on 29 May 2026. The improvement marks a clear turnaround from March 2026, when GDP contracted by 0.1%.

The figures are based on a month-over-month comparison, where April’s performance is measured against March, and March’s reading reflects the change versus February. The swing from negative to positive growth suggests that the Canadian economy has regained some traction after a brief setback, hinting at a potentially more stable trajectory as the second quarter unfolds.