Graph and download economic data for OECD based Recession Indicators for Canada from the Peak through the Trough (DISCONTINUED) (CANRECM) from Feb 1960 to Sep 2022 about peak, trough, recession indicators, and Canada.

This statistic shows the influence of the most recent economic recession (2008-2009) on consumer shopping behavior in Canada as of August 2013. During the survey, 44 percent of the respondents said that they shop around more to make sure they are paying the best price.

The Gross Domestic Product (GDP) in Canada contracted 0.40 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada - Recession Indicators - Historical chart and current data through 2022.

We present a new, publicly available database of real-time data and forecasts from the Bank of Canada's staff economic projections, which will be updated on an annual basis. We describe the data construct, its variables, coverage, and frequency. We then provide a forecast evaluation for gross domestic product (GDP) growth, consumer price index (CPI) inflation and the policy rate since 1982: We compare the staff's forecasts with those from commonly used time series models estimated with the real-time data, and with forecasts from other professional forecasters, and provide standard bias tests. Finally, we study changes in predictability of the Canadian economy following the announcement of the inflation-targeting regime in 1991. Our data set is unprecedented outside the USA, and our evidence is particularly interesting, as it covers over 30 years of staff forecasts, two severe recessions, and different monetary policy regimes.

Replication data for peer-reviewed article published in Journal of Applied Econometrics. Paper published online December 11, 2019.

During the Great Recession of 2008-2009, the advanced economies of the G7 experienced a period of acute financial crises, downturns in the non-financial economy, and political instability. The governments of these countries in many cases stepped in to backstop their financial sectors and to try to stimulate their economies. The scale of these interventions was large by historical standards, with observers making comparisons to the measures of the New Deal which the U.S. undertook in the 1930s to end the Great Depression.

The bailouts of financial institutions and stimulus packages caused the government debt ratios of the United States, United Kingdom, and Japan in particular to rise sharply. The UK's government debt ratio almost doubled due to the bailouts of Northern Rock and Royal Bank of Scotland. On the other hand, the increases in government debt in the Eurozone were more measured, due to the comparative absence of stimulus spending in these countries. They would later be hit hard during the Eurozone crisis of the 2010s, when bank lending to the periphery of the Eurozone (Portugal, Spain, Ireland and Greece in particular) would trigger a sovereign debt crisis. The Canadian government, led by a Conservative premier, engaged in some fiscal stimulus to support its economy, but these packages were small in comparison to that in most other of the G7 countries.

The Ipsos Canada’s Pulse series offer a sampling of public opinion at the municipal level in Canada’s largest urban centres. These surveys, commissioned on behalf of Global Television, query respondents on national as well as local issues and concerns. Respondents from each city within the survey are asked to answer questions particular to their municipality and province. The survey therefore reveals local and timely data on topics such as health care, commuting and traffic, elections, taxation, the economy, and culture. The 2009 Canada's Pulse poll is accompanied by a series of statistical tables and city-specific reports for further analysis. This survey has a sample of 4393 Respondents.

As of April 16, 2025, the Canadian bond market displayed a positive spread of **** basis points between 10-year and 2-year yields, indicating long-term rates above short-term ones. The 2-year versus 1-year sprea also showed a positive spread of **** basis points. Negative spreads indicate a (partially) inverted yield curve. This often signals investor pessimism about short-term economic prospects, as investors seek the relative safety of long-term bonds, pushing those yields down relative to shorter-term bonds. An inverted yield curve is typically interpreted as a potential indicator of economic slowdown or recession, as it reflects expectations of lower interest rates in the future to stimulate the economy.

The data and programs replicate tables and figures from “Community Attachment, Job Loss and Regional Labour Mobility in Canada: Evidence from the Great Recession", by Messacar. Please see the ReadMe file for additional details.

Graph and download economic data for Real-time Sahm Rule Recession Indicator (SAHMREALTIME) from Dec 1959 to Aug 2025 about recession indicators, academic data, and USA.

This Gallup poll seeks the opinions of Canadians, on predominantly political and social issues. The questions ask opinions on the upcoming election, prospects for the successor of Brian Mulroney as Progressive Conservative Party leader, and questions related to political party preference. There are also questions on other topics of interest such as opinion on the amount of doctors in Canada, the economic recession, and new immigrants. The respondents were also asked questions so that they could be grouped according to geographic, political and social variables. Topics of interest include: election; economy; immigration; doctors in Canada; and political party preference. Basic demographic variables are also included.

This Gallup poll seeks the opinions of Canadians, on predominantly political and social issues. The questions ask opinions on the government's help for the economic recession, political leaders, impression of past Prime Ministers, satisfaction with the direction of Canada, and Ontario politics. There are also questions on other topics of interest such as Brian Mulroney, Quebec separation, Persian Gulf War, and questions related to political party preference. The respondents were also asked questions so that they could be grouped according to geographic, political and social variables. Topics of interest include: economic recession; government; Brian Mulroney; Persian Gulf War; Ontario politics; Quebec separation; impression of past Prime Ministers; and political party preference. Basic demographic variables are also included.

This Gallup poll seeks the opinions of Canadians, on predominantly political and social issues. The questions ask opinions on Canada's economic situation, automobile driver testing, Canada U.S. relations and what 1988 will be like. There are also questions on other topics of interest such as the situation in the Persian Gulf, respondents' automobile use and Christmas shopping habits. The respondents were also asked questions so that they could be grouped according to geographic, political and social variables. Topics of interest include: approving or disapproving free trade; being discriminated against; being informed about free trade; the chances of a recession in the future; the chances of a world war in the next 10 years; driving within the speed limits; future of the economy; having a license to drive a car; investing $5,000; the knowledge of troubles in the Persian Gulf; predictions for 1988; requiring drivers to get regular medicals; the seriousness of the recession; starting Christmas shopping; and the United State's handling of the Persian Gulf. Basic demographic variables are also included.

As of April 2020, over ** percent of Canadians aged 65 or older told Angus Reid that their personal financial situation was good or great during the COVID-19 outbreak . The coronavirus pandemic has resulted in supply chain disruptions, job losses, stock market dips, and increased the risk of recession worldwide.

The COVID-19 pandemic and associated economic recession has had a profound impact on Canada and the world. In Yukon, the tourism industry nearly vanished overnight as flights and RV traffic were reduced to a trickle. Fortunately, gold mining was given an essential service “green light” to continue, amid strict protocols to control the spread of the virus. The industry responded with an incredible year of production, spurred on by high gold prices and low fuel costs. This scenario, where gold mining provided a safe haven and economic opportunity during global hard times, has played out before in Canadian history. The great depression of the late 1800s contributed significantly to interest in the Klondike Gold Rush, the dirty 1930s saw a resurgence in placer gold mining in Yukon, and similarly, the recession of the early 1980s kick started the modern era of placer gold mining in the territory. The story of the 2020 pandemic is no different, highlighting the value of economic diversification and ability of a remote northern industry to contribute new wealth to a nation when it is needed most.

This Gallup poll seeks the opinions of Canadians, on predominantly political and social issues. The questions ask opinions on affordability of Christmas given the economic recession, the environment, products that harm the environment, concern over various political, and social issues, abortion, the war in Iraq, and issues in Ontario. There are also questions on other topics of interest such as Brian Mulroney, Jean Chretien, Audrey McLaughlin, Meech Lake Accord, Canada's national anthem, the Citizen Forum, and questions related to political party preference. The respondents were also asked questions so that they could be grouped according to geographic, political and social variables. Topics of interest include: economic recession; environment; government; Brian Mulroney; Iraq war; Ontario issues; Citizen Forum; Canadian unity; abortion; and political party preference. Basic demographic variables are also included.

Printing, paper, food, textile and other machinery manufacturers are critical in supplying equipment to Canada's broader manufacturing sector. Healthy economic and population growth has led the country's manufacturing sector to flourish in recent years, benefiting machinery manufacturers. The pandemic posed a major challenge for manufacturers, as disruptions to nearly every downstream market introduced unprecedented volatility. Diversification suppressed the overall impact on revenue, but some manufacturing companies were still hit harder than others, depending on their specialization. As manufacturing and industrial capacity recovered in 2021, supply chain disruptions and workforce shortages limited growth for machinery manufacturers. Manufacturers struggled to source critical inputs even at premium prices, while workforce shortages left companies with long lead times and depressed profit. Growth remains subdued as inflation, high interest rates, and recession concerns influence how and when direct downstream markets invest in new machinery. Revenue is expected to increase at a CAGR of 1.0% to $5.4 billion through the end of 2024, with 0.1% growth expected in the current year. More than three years past the pandemic, machinery manufacturers continue facing supply chain snags and bottlenecks that impact their production. An inability to source critical inputs leaves manufacturers unable to fulfill orders, putting current revenue and future growth at risk. While no single solution exists to resolve supply chain disruptions, some manufacturers are responding by deploying technology to manage costs or reconfiguring their supply chains to feature more local suppliers. The population and economic growth in Canada occurring pre-pandemic will continue, translating into a higher volume of industrial and manufacturing activities that benefit machinery manufacturers. Still, the industry's growth trajectory will depend on how and if recession concerns come to fruition. Prolonged high interest rates and a recession would cause many downstream buyers to curtail investment in new machinery – although some markets will be less affected than others. Revenue is expected to increase at a CAGR of 3.2% to $6.4 billion through the end of 2029.

The statistic shows the trade balance of goods (exports minus imports of goods) in Canada from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of goods in Canada amounted to about **** billion U.S. dollars. Trade with Canada Canada reported a trade surplus until 2009 when the country’s trade balance went negative for the first time in recent history. Its deficit was ignited at the height of the global recession, and the value of exports decreased significantly at that time. It is only now showing signs of a recovery. Meanwhile, while imports decreased during the recession as well, they bounced back faster than exports. Currently, Canada maintains neither a trade deficit nor a trade surplus as both imports and exports amount to around *** billion U.S. dollars worth of goods. Canada is hoping this will continue, and it is looking to lower tariffs on exports in order to further boost the economy and increase exports. Canada has a long and strong trading relationship with the United States - Canada’s southern neighbor is without a doubt its most important export and import partner. Overall, Canada maintains an export advantage over the United States; maintaining greater export flows than import flows. The U.S. dollar is also worth more than the Canadian dollar, favoring further exports from Canada. China and Mexico also import Canadian goods, but significantly less than the United States.

The contraction of species range is one of the most significant symptoms of biodiversity loss worldwide. While anthropogenic activities and habitat alteration are major threats for several species, climate change has not been overlooked either. For species at risk, differentiating the effects of human disturbances and climate change on past and current range transformations is an important step towards improved conservation strategies. We paired historical range maps with global atmospheric reanalyses from different sources (ERA5, CERA-20C, 20CRv3) to assess the potential effects of recent climate change on the observed northward contraction of the distribution range of boreal populations of woodland caribou (Rangifer tarandus caribou) in Quebec (Canada) since 1850. We quantified these effects by highlighting the discrepancies between different southern limits of the caribou’s range (used as references) observed in the past and reconstitutions obtained through the hindcasting of the climate conditions within which caribou are currently found. Hindcasted southern limits moved ~105 km north over time under all reanalysis datasets, a trend drastically different from the ~620 km reported for observed southern limits since 1850. The differences in latitudinal shift through time between the observed and hindcasted southern limits of distribution suggest that caribou range recession should have been only 17% of what has been observed since 1850 if recent climate change had been the only disturbance driver. This limited impact of climate reinforces the scientific consensus stating that caribou range recession in Quebec is mainly caused by anthropogenic drivers (i.e. logging, development of the road network, agriculture, urbanization) that have modified the structure and composition of the forest over the past 160 years, paving the way for habitat-mediated apparent competition and overharvesting. Our results also call for a better consideration of past distribution ranges in models aiming at projecting future distributions, especially for endangered species. Methods Adult caribou females were captured and fitted with GPS-collars. We examined archives and other sources to find reliable information on past boreal caribou distributions. We extracted the climate data used in this study from three datasets, i.e. ERA5, CERA-20C and 20CRv3. We modelled the realized climate niche of boreal caribou by linking current climate conditions and occurrences of caribou and then hindcasted past boreal caribou distributions using the identified climatic niche. Different algorithms were used to do so: Generalized Linear Models (GLM), Generalized Additive Models (GAM), Random Forests (RF) and Boosted Regression Trees (BRT).

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Modular Data Centers Market Size 2024-2028

The global modular data centers market size is forecast to increase by USD 42.56 billion, at a CAGR of 19.8% between 2023 and 2028. The need to streamline traditional data centers is a major factor fueling market growth. Today, companies running single conventional data centers grapple with complex management and soaring capital costs due to sophisticated power and cooling systems. With the current economic recession, businesses are increasingly seeking cost-effective and scalable solutions. Modular data centers, with their standardized, portable designs, provide an ideal alternative that can be quickly deployed. Mobile network operators and colocation providers are among the leading users of these solutions. These modular setups are more environmentally friendly, thanks to their energy-efficient HVAC systems and IT equipment. As big data, AI, cloud computing, 5G, and IoT applications require higher operating temperatures, the flexibility and scalability of modular designs become even more crucial.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

By End-user

IT and Telecom is the Leading Segment to Dominate the Market

The IT and telecom segment is estimated to witness significant growth during the forecast period. In the global market, Modular Data Centers hold a significant share, particularly in the IT and telecom sector. These centers are essential for providing the required computing power and storage for various applications and services in the industry. With the rise of cloud computing, the demand for data centers has escalated, as businesses seek to access resources without substantial capital expenditure. The IT and telecom segment was the largest and was valued at USD 4.02 billion in 2018. The influx of data from businesses and individuals necessitates data centers capable of handling vast amounts of information. Recession or not, Modular Data Centers offer scalability and rapid deployment, making them attractive to mobile network providers and data center colocation providers. Green data centers, with their standard design and cooling systems, are increasingly popular due to their energy efficiency. Big data, AI, cloud computing, 5G infrastructure, Internet of things, and cloud-based solutions are driving the market's growth.

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North America Holds a Prominent Position in the Market

North America is estimated to contribute 30% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The Edge computing trend is driving the growth of the market in the US and Canada, particularly in the BFSI industry. Large enterprises are shifting towards energy-efficient data centers to minimize costs and CAPEX, opting for cloud solutions from hyperscale providers like AWS, Microsoft, and Oracle. As of 2021, the US hosts over 2,670 data centers, making it the global leader. Quicksilver Capital and the World Economic Forum highlight the importance of digital transformation in this context. These offer Scalable data centers for large enterprises, enabling them to meet their computing capacity requirements efficiently.

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Market Dynamics and Customer Landscape

They have emerged as a popular solution for businesses seeking scalability and rapid deployment during times of economic uncertainty, such as a recession. These data centers utilize a modular design, allowing for easy expansion and contraction based on demand. Green data centers, which prioritize energy efficiency, are a key focus in the modular data center market. Mobile network providers and large enterprises are major consumers, as they require cloud-based networking and 5G infrastructure to support digital transformation initiatives. The solutions sub-segment and services segment of the modular data center market are expected to grow significantly, as businesses increasingly turn to cloud-based solutions for their data storage and processing needs. The World Economic Forum has the importance of energy-efficient data centers in reducing carbon emissions and mitigating the environmental impact of digitalization. Quicksilver Capital and other investors have shown interest in the modular data center market, recognizing its potential for innovation and growth. Overall, the modular data center market is poised for expansion, driven by the need for scalable, energy-efficient, and quickly deployable solutions.

Key Market Driver

Requirement to reduce complexity of traditional data centers is notably driving market growth. In today's business landscape, enterprises operating a single traditional data center face increasing complexi