Gross Fixed Capital Formation in Canada decreased to 506865 CAD Million in the third quarter of 2024 from 509326 CAD Million in the second quarter of 2024. Gross Fixed Capital Formation in Canada averaged 281059.51 CAD Million from 1961 until 2024, reaching an all time high of 534800.00 CAD Million in the first quarter of 2022 and a record low of 65003.00 CAD Million in the first quarter of 1961. source: Statistics Canada
Gross Fixed Capital Formation in Canada is expected to be 511144.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Gross Fixed Capital Formation is projected to trend around 530447.00 CAD Million in 2026 and 543708.00 CAD Million in 2027, according to our econometric models.