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National Bank Previews This Week's GDP Data in Canada

BY MT Newswires | ECONOMIC | 01/26/26 12:16 PM EST

12:16 PM EST, 01/26/2026 (MT Newswires) -- The Canadian gross domestic product for November will be released on Friday at 8:30 a.m. ET, said National Bank of Canada.

The release of the November GDP data will be "closely watched," noted the bank.

Based on the industry-level reports that have been released so far, it is likely that economic output grew by 0.1% month over month, led by expansions in retail trade, educational services, construction, and transportation and warehousing, stated National Bank.

These gains may have been partially offset by contractions in wholesale trade, manufacturing, and mining, quarrying, and oil and natural-gas extraction, it added.

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