# Canada first-quarter GDP expands by 2.2% annualized rate, beating estimates | Reuters

> Canada's first-quarter GDP grew at a 2.2% annualized rate, above expectations, led by exports and business investment. Exports were boosted by U.S. companies stockpiling Canadian goods ahead of tariffs, while imports rose and household spending slowed. Markets priced an 82% chance of a Bank of Canada rate pause at the following week's meeting.

- Date: 2025-05-30 · published 2025-05-30T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/24918-canada-first-quarter-gdp-expands-by-2-2-annualized-rate-beating-estimates
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Stronger Canadian growth supports the loonie, which trims the cost of Canadian feed exports in U.S. dollars. The front-loading of exports ahead of tariffs suggests some of this strength may reverse later.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/americas/canadas-first-quarter-gdp-expands-by-22-annualized-rate-beating-estimates-2025-05-30/

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