# Canada’s GDP Print May Not Save The Loonie - Finimize

> ING expects tepid Q1 Canadian GDP of about 1.5% annualized and says the release is unlikely to move the loonie unless it substantially beats or misses consensus. ING sees USD/CAD near 1.37 by end-June, with trade-policy risk from USMCA renegotiation keeping a risk premium in the currency.

- Date: 2026-05-29 · published 2026-05-29T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/19485-canada-s-gdp-print-may-not-save-the-loonie-finimize
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

The currency view centres on rate differentials and USMCA risk rather than the GDP print, so limited near-term impact on Canadian oilseed or grain prices is expected.

## Read by commodity

- USDCAD: neutral

## Sources

- finimize.com: https://finimize.com/content/canadas-gdp-print-may-not-save-the-loonie

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.