Small font size A Larger text size A Largest text size A

Scotiabank Previews Thursday's GDP Data in Canada

BY MT Newswires | ECONOMIC | 08:26 AM EDT

08:26 AM EDT, 04/30/2026 (MT Newswires) -- Canada will publish gross domestic product for February and preliminary March at 8:30 a.m. ET on Thursday, said Scotiabank.

Canada's economy likely posted modest growth in February of 0.2% month-over-month seasonally, noted the bank.

Key, however, may be March GDP for which there has been very little data and which serves as an important contribution to tracking Q1 overall and to hand-off math into Q2 GDP, stated Scotiabank.

Q1 GDP is tracking 1.5 to as much as over 2% quarter over quarter seasonally adjusted annual rate, added the bank.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

PRECIOUS-Gold gains over 2% but on track for second straight monthly decline BY Reuters |ECONOMIC 09:34 AM EDT
Canada's Economy Remains on "Shaky Grounds" Based On GDP, While Payroll Data "Paint An Even More Fragile Picture", Says Desjardins BY MT Newswires |ECONOMIC 09:30 AM EDT
Rise in benefits lifts US labor costs in first quarter BY Reuters |ECONOMIC 09:26 AM EDT
Fed's Steady Rates Lock In Pain For Borrowers, Gains For Savers: Here's What To Know BY Benzinga |ECONOMIC 09:26 AM EDT

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article