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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 lookahead horoscope: December 29, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Your ambitions will come to fruition a lot quicker this year if you work with people who share your aims and your values. What you accomplish as a team will not only bring success to everyone involved but will massively boost your feelings of self-worth.

ARIES (March 21 - April 20):

A new moon in the career area of your chart will get the week off to a perfect start. It will boost your confidence and make you believe that the next 12 months can be even better than the last – and the planets suggest it will be.

TAURUS (April 21 - May 21):

Positive thinking is a must now, because if you end the year on a high you will attract good fortune throughout 2025. Forget about what may have gone wrong in the past and focus on what will be going right for you in the immediate future.

GEMINI (May 22 - June 21):

You might like to believe that recent criticism has not affected you but deep down you are having doubts about the direction your life is moving. Those doubts will be dispelled by something amazing that occurs this coming week, and they won’t ever return.

CANCER (June 22 - July 23):

Put past fights and feuds behind you and focus on what you have in common with other people rather than on what keeps you apart. A new moon in your opposite sign means a new start is possible, IF you are prepared to meet others halfway.

LEO (July 24 - Aug. 23):

The last few weeks have been exceptionally busy and the message of the stars as the old year draws to a close is that a period of rest and recuperation is an absolute must. You are allowed to slow down a bit occasionally Leo, it isn’t a sin.

VIRGO (Aug. 24 - Sept. 23):

A new moon in the most dynamic area of your chart will have you believing that the best is yet to come – and it is! You turned a corner in 2024 and as the new year begins you will have a clear run at personal and professional success.

LIBRA (Sept. 24 - Oct. 23):

Let loved ones know how much you care for them and how much you appreciate the efforts they have made for you throughout the year. A new moon in the domestic area of your chart will help you to open up emotionally and speak from the heart.

SCORPIO (Oct. 24 - Nov. 22):

You know better than to ignore your instincts, so why are you considering doing so now? Whatever the reason you need to get rid of it fast because what happens around the turn of the year will require you to be at the top of your game.

SAGITTARIUS (Nov. 23 - Dec. 21):

Someone you have to deal with over the next few days may seem a bit pompous but they do actually know a lot of useful information, some of which you can make use of. Ignore the act they put on and listen to what they have to say.


CAPRICORN (Dec. 22 - Jan. 20):

A new moon in your sign at the turn of the year is a pointer to massive success in 2025. If you make an effort to put your dreams into words over the next 72 hours those dreams will become realities in months, weeks, maybe even days.

AQUARIUS (Jan. 21 - Feb. 19):

The fate of someone you care for is in your hands and the decisions you make over the next few days will determine what kind of fate that is going to be. Do what you think would be best for them and trust that the universe will support you.

PISCES (Feb. 20 - Mar. 20):

Surround yourself with friends and family members as the year comes to an end, because it is only by interacting with people who care for you that you will appreciate what you have to be thankful for in life. Challenges faced together will be easy to overcome.

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