Trader consensus on Polymarket prices an 85% implied probability against a Canada recession before 2027, driven by resilient Q1 2026 GDP growth tracking 1.6–1.7% annualized amid goods-producing strength, confirming avoidance of the 2025 downturn many feared. The Bank of Canada held its policy rate steady at 2.25% on April 29, balancing March CPI acceleration to 2.4% year-over-year—fueled partly by external gasoline pressures—against moderate expansion. April's unemployment rise to 6.9% and 18,000 net job losses signal labor softening but remain below recessionary thresholds historically. Key catalysts ahead include the June 10 Bank of Canada decision and Q2 GDP data, with trade risks from U.S. tariffs posing limited downside per official forecasts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$66,743 Vol.
$66,743 Vol.
$66,743 Vol.
$66,743 Vol.
1. The C.D. Howe Institute’s Business Cycle Council publicly announces that a recession has occurred in Canada, at any point before 2027, with the announcement made by December 31, 2026, 11:59 PM ET.
2. The seasonally adjusted annualized percent change in quarterly Canadian Real GDP (expenditure-based), chained (2017) dollars GDP from the previous quarter is less than 0.0 for two consecutive quarters between Q4 2025 and Q4 2026 (inclusive), as reported by Statistics Canada (StatCan).
Otherwise, this market will resolve to "No".
Note that any two consecutive, concurrent vintages indicating negative GDP growth will qualify, regardless of prior or later revisions. For example, if upon release, the initial estimate for Q2 2026 was negative, and Q1 2026's most recent, up-to-date estimate was also negative, this market would resolve to "Yes". If on December 31, 2026 the latest estimate for quarterly GDP in Q3 2026 was negative, this market will stay open until Statistics Canada publishes the initial estimate for Q4 2026, at which point it will resolve to "Yes" if Q4 2026 was negative or if the C.D. Howe Institute’s Business Cycle Council declares a recession by then.
The resolution source will be the official announcements from the C.D. Howe Institute’s Business Cycle Council and Statistics Canada’s estimate of seasonally adjusted annualized percent change in quarterly Canadian real GDP from previous quarters as released by Statistics Canada (e.g., as reported in the line “Gross domestic product at market prices” in Table 3 of the quarterly GDP release: https://www150.statcan.gc.ca/n1/daily-quotidien/250829/t003a-eng.htm)
Market Opened: Nov 10, 2025, 12:57 PM ET
Resolver
0x65070BE91...1. The C.D. Howe Institute’s Business Cycle Council publicly announces that a recession has occurred in Canada, at any point before 2027, with the announcement made by December 31, 2026, 11:59 PM ET.
2. The seasonally adjusted annualized percent change in quarterly Canadian Real GDP (expenditure-based), chained (2017) dollars GDP from the previous quarter is less than 0.0 for two consecutive quarters between Q4 2025 and Q4 2026 (inclusive), as reported by Statistics Canada (StatCan).
Otherwise, this market will resolve to "No".
Note that any two consecutive, concurrent vintages indicating negative GDP growth will qualify, regardless of prior or later revisions. For example, if upon release, the initial estimate for Q2 2026 was negative, and Q1 2026's most recent, up-to-date estimate was also negative, this market would resolve to "Yes". If on December 31, 2026 the latest estimate for quarterly GDP in Q3 2026 was negative, this market will stay open until Statistics Canada publishes the initial estimate for Q4 2026, at which point it will resolve to "Yes" if Q4 2026 was negative or if the C.D. Howe Institute’s Business Cycle Council declares a recession by then.
The resolution source will be the official announcements from the C.D. Howe Institute’s Business Cycle Council and Statistics Canada’s estimate of seasonally adjusted annualized percent change in quarterly Canadian real GDP from previous quarters as released by Statistics Canada (e.g., as reported in the line “Gross domestic product at market prices” in Table 3 of the quarterly GDP release: https://www150.statcan.gc.ca/n1/daily-quotidien/250829/t003a-eng.htm)
Resolver
0x65070BE91...Trader consensus on Polymarket prices an 85% implied probability against a Canada recession before 2027, driven by resilient Q1 2026 GDP growth tracking 1.6–1.7% annualized amid goods-producing strength, confirming avoidance of the 2025 downturn many feared. The Bank of Canada held its policy rate steady at 2.25% on April 29, balancing March CPI acceleration to 2.4% year-over-year—fueled partly by external gasoline pressures—against moderate expansion. April's unemployment rise to 6.9% and 18,000 net job losses signal labor softening but remain below recessionary thresholds historically. Key catalysts ahead include the June 10 Bank of Canada decision and Q2 GDP data, with trade risks from U.S. tariffs posing limited downside per official forecasts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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