BMO on The Day Ahead in Canada
BY MT Newswires | ECONOMIC | 09/26/25 07:21 AM EDT07:21 AM EDT, 09/26/2025 (MT Newswires) -- Canada will release the gross domestic product for July and provide the advance estimate for August at 8:30 a.m. ET on Friday, said Bank of Montreal (BMO).
Canadian real GDP for July is expected to rebound 0.1% month over o nth after three straight monthly declines stemming from the trade war's hit to exports and investment, noted the bank. Reuters' consensus is the same.
The advance estimate for August will also determine whether the economy avoided a technical recession, as BMO anticipates. There were encouraging gains in work hours, retail sales, and home sales in the month, though also a sharp drop in factory shipments and auto production.
Other releases include the advance Canadian wholesale trade figures for August at 8:30 a.m. ET and the federal government July budget numbers, added the bank.
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