# Canada's GDP contracts in April, likely another decline in May

> Canada's GDP contracted in April, and economists expected another decline in May. The Canadian dollar pared some losses after the release, trading near 1.3648 per U.S. dollar.

- Date: 2025-06-27 · published 2025-06-27T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/24454-canada-s-gdp-contracts-in-april-likely-another-decline-in-may
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Weak Canadian economic data mainly affects the loonie and Bank of Canada easing expectations, with little direct effect on feed commodity prices.

## Sources

- reuters.com: https://www.reuters.com/world/americas/canadas-gdp-contracts-april-likely-another-decline-may-2025-06-27/

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