Canada money supply m2


Canada money supply m2: 2587561 (0.34%)
Last Update: September 30, 2024

Canada money supply m2 closed down 2587561 as of September 30, 2024 from 2578920 from the previous month and 2449753 from last year.


Canada money supply m2 Analytics & Data




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Canada money supply m2

Date Values
2024-09-30 2587561
2024-08-31 2578920
2024-07-31 2578789
2024-06-30 2572656
2024-05-31 2551791
2024-04-30 2529513
2024-03-31 2520816
2024-02-29 2505169
2024-01-31 2489421
2023-12-31 2487335
2023-11-30 2484199
2023-10-31 2471001
2023-09-30 2449753
2023-08-31 2439979
2023-07-31 2423488
2023-06-30 2410432
2023-05-31 2412202
2023-04-30 2420034
2023-03-31 2429503
2023-02-28 2432173
2023-01-31 2420393
2022-12-31 2400024
2022-11-30 2385870
2022-10-31 2378328

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Canada money supply m2 Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
money supply m2 ca.msm2 2587561.0 2578920 0 6 UP UP 43 2024-09-30

Canada money supply m2 Quantitative Analysis, Charts & Factors

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Canada money supply m2 Historical Data

The MacroVar database offers free access to historical data for the Canada money supply m2, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Canada money supply m2 data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Canada money supply m2

Canada's money supply M2 refers to the total amount of liquid assets available in the economy, including cash, checking and savings accounts, and other highly liquid assets. This measure is used by economists and policymakers to gauge the amount of money in circulation and its potential impact on inflation and economic growth. By tracking M2, the Bank of Canada can make informed decisions about monetary policy, such as adjusting interest rates or implementing quantitative easing measures to stimulate the economy or curb inflation. Overall, monitoring the money supply M2 is crucial for maintaining stable economic conditions in Canada.

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