M2, Alternate Definition 3 for Canada
MAM2A3CAM189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,934,822,000,000.00
Year-over-Year Change
7.65%
Date Range
1/1/1968 - 4/1/2017
Summary
The M2, Alternate Definition 3 for Canada measures a broad monetary aggregate in the Canadian economy. It provides insight into the overall money supply and can inform economic policy decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
M2, Alternate Definition 3 for Canada is a comprehensive measure of the Canadian money supply, including currency, checking and savings deposits, and certain short-term investments. It is a key indicator used by economists and policymakers to assess economic conditions and inflationary pressures.
Methodology
The data is collected and calculated by Statistics Canada based on reports from financial institutions.
Historical Context
The M2 measure is widely monitored by the Bank of Canada and other analysts to gauge the effectiveness of monetary policy and potential inflation risks.
Key Facts
- M2 for Canada includes currency, checking deposits, and short-term investments.
- The M2 measure provides a broad view of the overall money supply in the Canadian economy.
- Monitoring M2 trends helps policymakers assess the effectiveness of monetary policy.
FAQs
Q: What does this economic trend measure?
A: The M2, Alternate Definition 3 for Canada measures a broad monetary aggregate that includes currency, checking and savings deposits, and certain short-term investments in the Canadian economy.
Q: Why is this trend relevant for users or analysts?
A: The M2 measure is a key indicator used by economists and policymakers to assess the overall money supply, economic conditions, and potential inflationary pressures in Canada.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Canada based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: The M2 measure is widely monitored by the Bank of Canada and other analysts to gauge the effectiveness of monetary policy and potential inflation risks.
Q: Are there update delays or limitations?
A: The M2 data is published regularly by Statistics Canada with typical release lags.
Related Trends
Labor Compensation: Earnings: Manufacturing: Hourly for Canada
LCEAMN01CAA657S
Balance of Payments: Current Account: Expenditure for Canada
CANB6DBTT01CXCUSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Canada
CANCP090000GYM
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Canada
LFWA24TTCAM647S
Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Canada
CANFCSODUXDC
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Canada
PRCNTO01CAQ661N
Citation
U.S. Federal Reserve, M2, Alternate Definition 3 for Canada (MAM2A3CAM189S), retrieved from FRED.