Canada’s GDP grew 0.3% in April, with rebound in some sectors

Canada’s GDP grew 0.3% in April, with rebound in some sectors

Canada’s economy grew 0.3 per cent in April, helped by strength in several industries, including wholesale trade, oil and gas extraction and manufacturing, Statistics Canada said. The data matched expectations as analysts polled by Reuters had forecast 0.3 per cent GDP growth in the month, after zero growth in March. Statistics Canada says the growth in April came as … Read more

Canada’s economy stalled again in October but likely up 0.1% in November

Canada’s economy stalled again in October but likely up 0.1% in November

Canada’s economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely edged up in November, Statistics Canada data showed on Friday. Analysts polled by Reuters had forecast a 0.2 per cent month-over-month rise. September’s GDP was downwardly revised to zero growth from an initial report of … Read more