{"id":430021,"date":"2026-04-30T19:40:13","date_gmt":"2026-04-30T12:40:13","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/04\/canada-february-gdp-0-2-vs-0-2-expected\/"},"modified":"2026-04-30T19:40:13","modified_gmt":"2026-04-30T12:40:13","slug":"canada-february-gdp-0-2-vs-0-2-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/04\/canada-february-gdp-0-2-vs-0-2-expected\/","title":{"rendered":"Canada February GDP +0.2% vs +0.2% expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior was +0.1%<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Canada&#8217;s economy expanded 0.2% in February, matching expectations and extending the goods-side rebound that has now driven growth for two consecutive months. The headline masks a more interesting story underneath: manufacturing roared back to life with its biggest monthly gain since January 2023.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Manufacturing jumped 1.8% in February, with durable goods leading the charge at +3.6%. The standout was machinery manufacturing, up a chunky 8.7% on strength in industrial and metalworking machinery, with higher exports doing the heavy lifting. Transportation equipment manufacturing rebounded 5.5% after January&#8217;s 7.0% drop, as Ontario auto plants came back online following model-change and retooling shutdowns. Motor vehicle manufacturing alone surged 20.4%, riding the wave of higher US production demand.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">The auto story carried through to wholesale trade, which rose 0.9% as motor vehicle and parts wholesalers gained 6.1%. Transportation and warehousing tacked on 1.2%, with truck transportation logging its largest gain since March 2021 \u2014 a clean read on goods movement broadening out beyond just autos.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">Mining and oil and gas added another 0.4%, with conventional crude in Saskatchewan and Newfoundland &amp; Labrador picking up the slack from oil sands maintenance shutdowns in Alberta. Metal ore mining jumped 2.7% as copper exports climbed.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">The drag came from the public sector, down 0.3% on broad weakness across public administration, education, and health care. Arts and entertainment cratered 2.5%, but that&#8217;s pure noise \u2014 the NHL&#8217;s two-week Olympic break for Milano-Cortina did the damage and reverses out next month.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal leading-[1.7]\">The advance estimate has March essentially flat, leaving Q1 GDP tracking at +0.4%. That&#8217;s a respectable handoff into a quarter where tariff uncertainty has been the dominant macro story. The pull-forward dynamic likely flattered February&#8217;s manufacturing and trade numbers \u2014 something to watch as the data rolls forward and the front-running fades.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior was +0.1% Canada&#8217;s economy expanded 0.2% in February, matching expectations and extending the goods-side rebound that has now driven growth for two consecutive months. The headline masks a more interesting story underneath: manufacturing roared back to life with its biggest monthly gain since January 2023. Manufacturing jumped 1.8% in February, with durable goods leading [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-430021","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=430021"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430021\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}