Canada Gdp Forecast 2024. Economic growth is tracking slightly better than forecast a quarter ago, but the adjective that best describes it is, subdued. The gross domestic product (gdp) in canada expanded 0.50 percent in the second quarter of 2024 over the previous quarter.
Real gross domestic product was essentially unchanged in august after edging up 0.1% in july. We expect canadian real gdp to grow by only 0.9% in 2024, with one or two quarters of negative growth early in the year.