Market Outlook: Canada GDP falls 0.6% in Q4 as inventories drag
BNN Bloomberg
Canada’s GDP fell 0.6 per cent in Q4 as inventories dropped, while January growth was flat, supporting expectations the Bank of Canada will hold rates.
BNN Bloomberg spoke with Claire Fan, senior economist at RBC, who said underlying domestic demand remained resilient despite trade headwinds, and that there is no immediate need for further interest rate cuts from the Bank of Canada.
Read the full transcript below:
ROGER: The Canadian economy ended 2025 with a slight decline. Preliminary estimates from Statistics Canada suggest real GDP will remain unchanged in January as well. Here to provide some analysis on the data released by Statistics Canada is Claire Fan, senior economist at RBC. Claire, thanks, as always, for joining us.
CLAIRE: Thanks for having me.
ROGER: What number stands out for you the most?
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