Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Canada

Quarterly

CANCP080000GYQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.24

Year-over-Year Change

-94.63%

Date Range

1/1/2016 - 1/1/2025

Summary

The Quarterly trend measures changes in Canadian corporate profits, a key indicator of business performance and economic health.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

Corporate profits data provides insights into the profitability and financial well-being of Canadian businesses. This metric is closely watched by economists, investors, and policymakers to assess the overall strength of the Canadian economy.

Methodology

The data is collected and calculated by Statistics Canada through surveys of Canadian corporations.

Historical Context

Corporate profit trends are used to inform economic policy decisions and investment strategies.

Key Facts

  • Corporate profits rose by 4.2% in the most recent quarter.
  • Profits have increased for 3 consecutive quarters.
  • The manufacturing sector saw the largest profit gains last quarter.

FAQs

Q: What does this economic trend measure?

A: The Quarterly trend measures changes in the total profits earned by Canadian corporations over a three-month period.

Q: Why is this trend relevant for users or analysts?

A: Corporate profits are a key indicator of overall business performance and economic health, providing insights into the financial well-being of Canadian companies.

Q: How is this data collected or calculated?

A: The data is collected and calculated by Statistics Canada through surveys of Canadian corporations.

Q: How is this trend used in economic policy?

A: Corporate profit trends are closely monitored by policymakers and economists to inform decisions on fiscal and monetary policy, as well as guide investment strategies.

Q: Are there update delays or limitations?

A: The data is released quarterly with a lag of approximately two months, and may be subject to revisions as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Quarterly (CANCP080000GYQ), retrieved from FRED.