§Canada real GDP by industry, July 2026 first print
The target is the July 2026 month-over-month change in Statistics Canada vector v65201210, Table 36-10-0434-01: all industries, chained 2017 dollars, seasonally adjusted at annual rates. It resolves from the first release vintage, not a later revision.
Inspect Statistics Canada's 2026–2027 official release calendar for GDP by industry.↳ The official calendar lists September 29, 2026 as the release date for the July 2026 reference period; it also lists August 28 for June and October 30 for August.Inspect Statistics Canada's December 2025 GDP release table for the recent official reference class.↳ Official all-industries monthly changes for July–December 2025 were 0.6%, -0.1%, 0.2%, -0.3%, 0.0%, and 0.2%, respectively.Inspect Statistics Canada's March and April 2026 GDP by industry releases.↳ The official monthly changes were February +0.2%, March -0.1%, and April +0.5%; the June 30 release also gave a preliminary May advance estimate of +0.1%.The reference class is the ten official monthly observations from July 2025 through April 2026: 0.6, -0.1, 0.2, -0.3, 0.0, 0.2, 0.0, 0.2, -0.1, and 0.5 percent. Their mean is 0.12%, providing the base rate before release-specific adjustments. The preliminary May advance estimate is contextual evidence and is not included in this historical sample or its variance.
Level and momentum effects are mildly positive: the April rebound was broad and the preliminary May signal was +0.1%. One-off effects from energy maintenance and labour disruptions can reverse quickly. Policy and trade uncertainty restrain manufacturing, while steady services activity supports growth.
Prior/update/interval: persistence/base-rate model; historical sample = the 10 July 2025–April 2026 monthly growth values. Their mean is 0.12%. Adjustments are -0.01 point for fading April energy/reopening strength, -0.02 for manufacturing and trade uncertainty, and +0.01 for services persistence, giving 0.10%. For this change series, dispersion is computed from the values themselves: sample variance = 0.696/9 = 0.0773, so sigma = 0.278%. The normal 80% half-width is 1.28*sigma = 1.28*0.278 = 0.356%, implying 0.10 ± 0.356 = [-0.256%, 0.456%], reported as [-0.26%, 0.46%].
Upside risk comes from a synchronized oil, mining, manufacturing, and services expansion; growth above 0.46% would land outside the interval. Downside risk comes from shutdowns, wildfire or maintenance disruptions, or a sharp trade-related manufacturing contraction; growth below -0.26% would land outside the interval.
Review disposition: Accepted both optional clarifications: the May +0.1% advance estimate is explicitly excluded from the variance sample, and the September 29 resolution date is tied directly to the official release calendar. No required fixes were identified.