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Canada's GDP Report Is Out Today — Here's What It Means for Your Wallet

Canada GDP Report June 2026 — MoneySavings.ca This morning, Statistics Canada releases its GDP by industry data for April 2026 — along with a flash estimate for May. The timing couldn't be more significant: Canada has technically entered a recession, and the Bank of Canada's next rate decision is just two weeks away on July 15 . Here's what today's report means for your mortgage, your job, and your savings — in plain English. What Is GDP and Why Does Today's Number Matter? GDP — Gross Domestic Product — is the broadest scorecard for how well Canada's economy is performing. It measures the total value of everything the country produces: goods, services, output across every industry. When GDP grows, businesses expand, hiring picks up, and incomes tend to rise. When it shrinks, the opposite happens. Today's release covers April 2026 data, plus Statistics Canada's advance estimate for May. The number that comes out this morning will either confirm that Cana...

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Your daily horoscope: December 19

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Some of your passions may be baffling to friends and colleagues but to you they make perfect sense, so give yourself permission to act in ways that not everyone will approve of and make the next 12 months truly special – for you at least!

ARIES (March 21 - April 20):

The sooner you realize that ambition is not a dirty word the happier you will be. Cosmic activity in and around the career area of your chart over the next few days will encourage you to get the better of those you think of as rivals.

TAURUS (April 21 - May 21):

Your beliefs may seem to be set in stone but the planets indicate they will go through a number of far-reaching changes over the next few days. If you can learn to look at life from a slightly different angle you’ll be amazed by what you discover.

GEMINI (May 22 - June 21):

You don’t have to be assertive to prove that you are as tough as other people. On the contrary, you will impress others more if you hold back a bit today and stay on good terms with partners, colleagues and, yes, your rivals too.

CANCER (June 22 - July 23):

You need to get into the habit of allowing other people to make decisions for you. When the sun moves into your opposite sign at the weekend even those you are close to will want to flex their muscles a bit. Let them. It can’t hurt you.

LEO (July 24 - Aug. 23):

If you push yourself too hard between now and the weekend you could regret it later on when you find that your energy levels take an unexpected dip. Map out your schedule for the next few days and make sure you leave yourself plenty of free time.

VIRGO (Aug. 24 - Sept. 23):

You have so much to look forward and although you might not quite believe that now you will start to believe it when the Sun moves into the most dynamic area of your chart on the 21st. Life is good and about to get even better.

LIBRA (Sept. 24 - Oct. 23):

If you aim to co-operate rather than compete over the next 24 hours you will accomplish so much more, especially in one-to-one situations where you have not always had the best of things in recent weeks. Be more of a team player Libra.

SCORPIO (Oct. 24 - Nov. 22):

Anyone who tells you what to think and how to feel will be left in no doubt that their opinions are not wanted. Just be careful they are not trying to play a double bluff on you by suggesting the opposite of what they truly desire.

SAGITTARIUS (Nov. 23 - Dec. 21):

Put your own needs first today, because once the Sun leaves your sign on the 21st you could find that you no longer have the clout to push ahead with plans that other people do not approve of. Use your power while you’ve still got it.  

CAPRICORN (Dec. 22 - Jan. 20):

Your best time of the year is just days away and if you are smart you will be making plans left, right and center. Keep telling yourself there is nothing you cannot do and no one you cannot impress. Believe it deeply enough and it will be true.

AQUARIUS (Jan. 21 - Feb. 19):

You will achieve more in the long term if you get together with people who share your aims and ambitions rather than going your own way each and every time. There is power in numbers and with the right people by your side you will be invincible.

PISCES (Feb. 20 - Mar. 20):

Your highly developed sixth sense rarely if ever gives you bad guidance, so if it is now warning you to take care on the work front that is exactly what you must do. The sad fact is not all your colleagues want to see you succeed.

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