Makrognosis

Canada Narrow Money (M1)

MonthlySeasonally adjustedCode CA.M1.M.SA

Latest (y/y)7.0%August 2026
Previous (y/y)7.5%July 2026
Level1,824,265 CAD millionAugust 2026
Next release23 Nov 2026expected

Canada Narrow Money (M1) was up 7.0% year on year in August 2026, compared with 7.5% in July 2026.

The level stood at 1,824,265 CAD million.

Among the 9 economies Makrognosis covers on this measure, it is the 3rd highest.

Over the past ten years it has ranged from −7.5% (May 2023) to 30.0% (Nov 2020), averaging 8.1%.

The next update is expected on 23 November 2026.

Canada Narrow Money (M1), annual % change, Jan 2007 – Aug 2026−10%0%10%20%30%2010201520202025Robomacro
Canada Narrow Money (M1), annual % change, Jan 2007 – Aug 2026. Source: Bank of Canada.
Canada Narrow Money (M1), level (CAD million)0k500k1.0M1.5M2.0M2010201520202025Robomacro
Canada Narrow Money (M1), level (CAD million).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
August 20261,824,265 CAD million7.0
July 20261,814,183 CAD million7.5
June 20261,800,198 CAD million7.4
May 20261,785,441 CAD million7.2
April 20261,770,439 CAD million7.0
March 20261,758,275 CAD million6.6
February 20261,751,500 CAD million6.7
January 20261,742,410 CAD million6.6
December 20251,737,393 CAD million7.7
November 20251,741,368 CAD million8.6
October 20251,728,393 CAD million8.7
September 20251,711,845 CAD million8.8
August 20251,705,107 CAD million9.1
July 20251,687,204 CAD million8.0
June 20251,676,819 CAD million7.9
May 20251,665,762 CAD million8.1
April 20251,654,377 CAD million8.3
March 20251,649,599 CAD million9.2
February 20251,641,926 CAD million9.7
January 20251,634,298 CAD million9.7
December 20241,612,991 CAD million7.9
November 20241,603,992 CAD million6.1
October 20241,590,547 CAD million5.4
September 20241,572,718 CAD million3.8

Last 24 observations. The full history (248 observations) is available through the API.

Get Canada Narrow Money (M1) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/CA.M1.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/CA.M1.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationAugust 2026
First observationJanuary 2006
Observations248
FrequencyMonthly
UnitsCAD million
AdjustmentSeasonally adjusted
10-year high30.0% (Nov 2020)
10-year low−7.5% (May 2023)
10-year average8.1%
Source agencyBank of Canada
Makrognosis codeCA.M1.M.SA

Narrow Money (M1): how Canada compares

#EconomyPeriodLatest
1MexicoSep 20267.9%
2South AfricaSep 20267.2%
3CanadaAug 20267.0%
4AustraliaSep 20266.4%
5SwitzerlandSep 20266.3%
6United StatesSep 20266.2%
7South KoreaAug 20264.2%
8BrazilSep 20263.2%
9JapanOct 2026−0.4%

Narrow Money (M1) by country: all 9 economies ranked →

Other Canada indicators

Canada GDP (Gross Domestic Product)Canada Gross domestic product at market prices, expenditure-based (current prices, SA at annual rates)Canada Inflation Rate (CPI)Canada Unemployment RateCanada Credit Rating & Sovereign Risk ScoreCanada Industrial ProductionCanada Retail SalesCanada Producer Price Inflation (PPI)Canada Trade Balance: Goods & ServicesCanada Exports of goods and services (chained 2017 dollars, SA at annual rates)Canada Merchandise exports, all countries, balance of payments basis, seasonally adjustedCanada Imports of goods and services (chained 2017 dollars, SA at annual rates)Canada Merchandise imports, all countries, balance of payments basis, seasonally adjustedCanada Government Debt to GDPCanada EmploymentCanada M2 (gross) monetary aggregate

FAQ

What is the current narrow Money (M1) in Canada?
The latest reading is 7.0% year on year for August 2026, published by Bank of Canada.
When is the next Canada narrow Money (M1) release?
The next update is expected on 23 November 2026.
Where does this data come from?
It is collected directly from Bank of Canada and is available through the Makrognosis API under the code CA.M1.M.SA.

Last updated 2026-10-21. Source: Bank of Canada. Original title: “Canada M1+ (gross) monetary aggregate, seasonally adjusted, CAD million (BoC)”.