Government data

Canada Monthly GDP Growth, June 2026

What will Statistics Canada report as the first-print month-to-month percent change in seasonally adjusted real GDP by industry, all industries, for June 2026?

Overdue · was due Aug 28, 2026

The resolver routes this target's reference, but its last run printed no line naming this target.

NO_REPORT · resolver status as of Oct 7, 2026

Forecast

+0.1%
-0.2%–+0.4%
80% prediction interval
gpt-5.5Run record ↗

Cumulative probability

Chance that the outcome is at or below each value.

0%25%50%75%100%-0.7%+0.1%+0.8%Forecast value

Shaded band: 80% interval (-0.2%–+0.4%). Dashed line: point estimate (+0.1%).

Derived from the point estimate and 80% interval; the agent did not report a full distribution.

Analysis

§Canada June 2026 Monthly GDP By Industry Forecast

Framing and exact resolver: target is Statistics Canada's first-print, seasonally adjusted real GDP by industry, all industries, month-to-month percent change for June 2026. The ledger binds resolution to Table 36-10-0434-01 and The Daily; StatCan also exposes a derived growth-rates view as Table 36-10-0434-02, but I keep the forecast tied to the ledger resolver.

▸ Reported tool use: official.lookupmodel report
Opened Statistics Canada 2026-2027 major economic releases PDF and read the Gross domestic product by industry schedule.
↳ Fetched schedule shows Gross domestic product by industry release date July 31, 2026 for May 2026, August 28, 2026 for June 2026, September 29, 2026 for July 2026, and October 30, 2026 for August 2026.
▸ Reported tool use: official.lookupmodel report
Opened Statistics Canada table pages for the target table and growth-rate view.
↳ Fetched Table 36-10-0434-01, frequency Monthly, geography Canada, release date 2026-06-30; fetched related growth-rates Table 36-10-0434-02, frequency Monthly, release date 2026-06-30.
▸ Reported tool use: official.lookupmodel report
Opened The Daily release for Gross domestic product by industry, April 2026.
↳ Fetched April 2026 real GDP by industry monthly change +0.5%, after March -0.1%; goods-producing industries +1.2%, services-producing industries +0.3%, 14 of 20 industrial sectors grew, and advance information indicated May 2026 real GDP by industry +0.1%.
▸ Reported tool use: official.lookupmodel report
Opened prior The Daily releases for March, February, January, and November 2025/2026 GDP by industry.
↳ Fetched March 2026 -0.1% after February +0.2%; February 2026 +0.2%; January 2026 +0.1% following December +0.2%; November 2025 0.0% following October -0.3%.

The base rate/reference class is the recent official and official-advance monthly percent-change sequence for the same variant: seasonally adjusted real GDP by industry at basic prices, all industries, monthly change. The average of October 2025 through May 2026 advance values [-0.3, 0.0, 0.2, 0.1, 0.2, -0.1, 0.5, 0.1] is +0.0875%, so a near +0.1% prior is appropriate before inside-view adjustments.

Prior/update/interval: persistence prior is the recent same-series reference class mean +0.0875% from Oct 2025-May 2026 advance, a short recent-month sample rather than a full-cycle volatility estimate; adjustment components are +0.02 for May advance persistence, -0.03 for partial unwind after April's oil/goods rebound, +0.02 for services/finance-real-estate support, and -0.01 for wholesale/agriculture/tariff-sensitive drag, leaving a rounded point of +0.1%. For a change/flow series, sigma is computed from the values themselves: sample sigma = 0.24 percentage point for [-0.3, 0.0, 0.2, 0.1, 0.2, -0.1, 0.5, 0.1]. The 80% half-width is roughly 1.28*sigma = 1.28*0.24 = 0.31 percentage point, rounded to 0.30 percentage point, so +0.1 +/- 0.3 percentage point of month-to-month growth gives [-0.2, +0.4].

Counter-considerations: upside risk would come from another mining/oil, construction, or manufacturing rebound plus steady services and would land above the interval if broad sector gains pushed June to +0.5% or stronger. Downside risk would come from renewed goods-sector weakness, wildfire or energy disruption, or a sharper tariff-sensitive trade slowdown and would land below the interval if June printed -0.3% or weaker. The outside the interval scenarios are plausible but not central given the May advance and recent base rate.

Review disposition: accepted the optional resolver clarification tying the target to Table 36-10-0434-01 despite the related growth-rate table, made the 80% interval unit explicit as percentage points of month-to-month growth, and clarified that the volatility estimate is from a short recent same-series sample rather than a full-cycle estimate.

Key drivers

  • May 2026 advance estimate was +0.1%
  • April 2026 rebound was +0.5% after March -0.1%
  • Recent monthly GDP by industry base rate is near +0.1%
  • Goods rebound in April likely partly one-off
  • Services momentum and finance-real-estate support lean mildly positive
  • Wholesale, agriculture, and tariff-sensitive goods sectors are downside risks

Tool evidence

This run has no captured tool responses. “Reported tool use” in the analysis is the model’s account, not an archived tool response.

Sources and resolution

Official source
Statistics Canada The Daily release and Table 36-10-0434-01
Resolution date
August 28, 2026· outcome not recorded
Resolution rule
Resolve to the first Statistics Canada The Daily/Table 36-10-0434-01 print for seasonally adjusted real GDP by industry, all industries, June 2026 month-to-month percent change; use the value first published on 2026-08-28, rounded to the one-decimal percentage-point precision used in the release/table, and ignore later revisions. The target remains tied to the ledger's Table 36-10-0434-01 resolver even if Statistics Canada's related Table 36-10-0434-02 displays the month-to-month growth-rate view more directly.
Run details

The analysis is the model’s written report. Tool-use descriptions in that report are model claims; the activity artifacts contain the execution record.

thesis.analyst · gpt-5.5 · v2.2.0

pre-submit review · completed

Draft is publishable with only minor resolver/source clarification recommended.

  • info optional_suggestion: Clarify in the resolver text that the forecast remains tied to the ledger's Table 36-10-0434-01 target even though StatCan's related Table 36-10-0434-02 may display the same month-to-month growth-rate view more directly.
  • info optional_suggestion: State explicitly that the 80% interval bounds are in percentage points of month-to-month growth, to remove any residual unit ambiguity.
  • info optional_suggestion: Consider naming the historical sample in the compact step as a short same-series recent-month sample rather than a full-cycle volatility estimate, since the volatility window is only eight observations.

disposition not applicable: Review disposition: accepted the optional resolver clarification tying the target to Table 36-10-0434-01 despite the related growth-rate table, made the 80% interval unit explicit as percentage points of month-to-month growth, and clarified that the volatility estimate is from a short recent same-series sample rather than a full-cycle estimate.

disposition not applicable: Review disposition: accepted the optional resolver clarification tying the target to Table 36-10-0434-01 despite the related growth-rate table, made the 80% interval unit explicit as percentage points of month-to-month growth, and clarified that the volatility estimate is from a short recent same-series sample rather than a full-cycle estimate.

disposition not applicable: Review disposition: accepted the optional resolver clarification tying the target to Table 36-10-0434-01 despite the related growth-rate table, made the 80% interval unit explicit as percentage points of month-to-month growth, and clarified that the volatility estimate is from a short recent same-series sample rather than a full-cycle estimate.

Activity artifacts

Complete original trace

§Canada June 2026 Monthly GDP By Industry Forecast

Framing and exact resolver: target is Statistics Canada's first-print, seasonally adjusted real GDP by industry, all industries, month-to-month percent change for June 2026. The ledger binds resolution to Table 36-10-0434-01 and The Daily; StatCan also exposes a derived growth-rates view as Table 36-10-0434-02, but I keep the forecast tied to the ledger resolver.

▸ Reported tool use: official.lookupmodel report
Opened Statistics Canada 2026-2027 major economic releases PDF and read the Gross domestic product by industry schedule.
↳ Fetched schedule shows Gross domestic product by industry release date July 31, 2026 for May 2026, August 28, 2026 for June 2026, September 29, 2026 for July 2026, and October 30, 2026 for August 2026.
▸ Reported tool use: official.lookupmodel report
Opened Statistics Canada table pages for the target table and growth-rate view.
↳ Fetched Table 36-10-0434-01, frequency Monthly, geography Canada, release date 2026-06-30; fetched related growth-rates Table 36-10-0434-02, frequency Monthly, release date 2026-06-30.
▸ Reported tool use: official.lookupmodel report
Opened The Daily release for Gross domestic product by industry, April 2026.
↳ Fetched April 2026 real GDP by industry monthly change +0.5%, after March -0.1%; goods-producing industries +1.2%, services-producing industries +0.3%, 14 of 20 industrial sectors grew, and advance information indicated May 2026 real GDP by industry +0.1%.
▸ Reported tool use: official.lookupmodel report
Opened prior The Daily releases for March, February, January, and November 2025/2026 GDP by industry.
↳ Fetched March 2026 -0.1% after February +0.2%; February 2026 +0.2%; January 2026 +0.1% following December +0.2%; November 2025 0.0% following October -0.3%.

The base rate/reference class is the recent official and official-advance monthly percent-change sequence for the same variant: seasonally adjusted real GDP by industry at basic prices, all industries, monthly change. The average of October 2025 through May 2026 advance values [-0.3, 0.0, 0.2, 0.1, 0.2, -0.1, 0.5, 0.1] is +0.0875%, so a near +0.1% prior is appropriate before inside-view adjustments.

Prior/update/interval: persistence prior is the recent same-series reference class mean +0.0875% from Oct 2025-May 2026 advance, a short recent-month sample rather than a full-cycle volatility estimate; adjustment components are +0.02 for May advance persistence, -0.03 for partial unwind after April's oil/goods rebound, +0.02 for services/finance-real-estate support, and -0.01 for wholesale/agriculture/tariff-sensitive drag, leaving a rounded point of +0.1%. For a change/flow series, sigma is computed from the values themselves: sample sigma = 0.24 percentage point for [-0.3, 0.0, 0.2, 0.1, 0.2, -0.1, 0.5, 0.1]. The 80% half-width is roughly 1.28*sigma = 1.28*0.24 = 0.31 percentage point, rounded to 0.30 percentage point, so +0.1 +/- 0.3 percentage point of month-to-month growth gives [-0.2, +0.4].

Counter-considerations: upside risk would come from another mining/oil, construction, or manufacturing rebound plus steady services and would land above the interval if broad sector gains pushed June to +0.5% or stronger. Downside risk would come from renewed goods-sector weakness, wildfire or energy disruption, or a sharper tariff-sensitive trade slowdown and would land below the interval if June printed -0.3% or weaker. The outside the interval scenarios are plausible but not central given the May advance and recent base rate.

Review disposition: accepted the optional resolver clarification tying the target to Table 36-10-0434-01 despite the related growth-rate table, made the 80% interval unit explicit as percentage points of month-to-month growth, and clarified that the volatility estimate is from a short recent same-series sample rather than a full-cycle estimate.

calibrated forecast · 80% CI
+0.1%[-0.2% · +0.4%]
Target metadata

Data point: statcan.36-10-0434-01.all_industries.month_to_month_percent_change.2026-06.first_print

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