Trader consensus on Polymarket prices a 63.5% implied probability against a Canada recession—defined as two consecutive quarters of negative GDP growth—before 2027, driven by resilient Q1 2026 GDP expansion tracking 1.7% annualized amid Bank of Canada projections for 1.2% full-year growth accelerating to 1.6% in 2027. The central bank's April 29 decision to hold the policy rate at 2.25% reflects balanced risks from moderating inflation near 2% target and steady consumer spending propped by lower borrowing costs. Softening labor indicators, including April's 6.9% unemployment rate and 18,000 job losses, introduce caution but have not yet derailed expansion; former BoC Governor Poloz pegged recession odds at 30%. Key catalysts include the June 10 rate announcement and Q2 GDP release.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$65,980 Vol.
$65,980 Vol.
Dec 31, 2026
$65,980 Vol.
$65,980 Vol.
Dec 31, 2026
This market will resolve to “Yes”, if either of the following conditions are met:
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)Trader consensus on Polymarket prices a 63.5% implied probability against a Canada recession—defined as two consecutive quarters of negative GDP growth—before 2027, driven by resilient Q1 2026 GDP expansion tracking 1.7% annualized amid Bank of Canada projections for 1.2% full-year growth accelerating to 1.6% in 2027. The central bank's April 29 decision to hold the policy rate at 2.25% reflects balanced risks from moderating inflation near 2% target and steady consumer spending propped by lower borrowing costs. Softening labor indicators, including April's 6.9% unemployment rate and 18,000 job losses, introduce caution but have not yet derailed expansion; former BoC Governor Poloz pegged recession odds at 30%. Key catalysts include the June 10 rate announcement and Q2 GDP release.
This market will resolve to “Yes”, if either of the following conditions are met:
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)
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
Volume
$65,980End Date
Dec 31, 2026Market Opened
Nov 10, 2025, 12:57 PM ETResolver
0x65070BE91...This market will resolve to “Yes”, if either of the following conditions are met:
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)Trader consensus on Polymarket prices a 63.5% implied probability against a Canada recession—defined as two consecutive quarters of negative GDP growth—before 2027, driven by resilient Q1 2026 GDP expansion tracking 1.7% annualized amid Bank of Canada projections for 1.2% full-year growth accelerating to 1.6% in 2027. The central bank's April 29 decision to hold the policy rate at 2.25% reflects balanced risks from moderating inflation near 2% target and steady consumer spending propped by lower borrowing costs. Softening labor indicators, including April's 6.9% unemployment rate and 18,000 job losses, introduce caution but have not yet derailed expansion; former BoC Governor Poloz pegged recession odds at 30%. Key catalysts include the June 10 rate announcement and Q2 GDP release.
This market will resolve to “Yes”, if either of the following conditions are met:
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)
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)
Volume
$65,980End Date
Dec 31, 2026Market Opened
Nov 10, 2025, 12:57 PM ETResolver
0x65070BE91...Trader consensus on Polymarket prices a 63.5% implied probability against a Canada recession—defined as two consecutive quarters of negative GDP growth—before 2027, driven by resilient Q1 2026 GDP expansion tracking 1.7% annualized amid Bank of Canada projections for 1.2% full-year growth accelerating to 1.6% in 2027. The central bank's April 29 decision to hold the policy rate at 2.25% reflects balanced risks from moderating inflation near 2% target and steady consumer spending propped by lower borrowing costs. Softening labor indicators, including April's 6.9% unemployment rate and 18,000 job losses, introduce caution but have not yet derailed expansion; former BoC Governor Poloz pegged recession odds at 30%. Key catalysts include the June 10 rate announcement and Q2 GDP release.
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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