Canada’s real gross domestic product (GDP) remained flat in May, posting 0.0% growth, following a 0.3% increase in April 2022. While growth in services-producing industries were up 0.4%, this was offset by a 1% decline in goods-producing industries. Among services-producing… Read More ›
Gross Domestic Product
E-Sight Weekly June 6: Canadian GDP and Bank of Canada Policy Tightening
Last week had a very heavy economic calendar, with the Bank of Canada policy announcement and real GDP for the first quarter being the main events. The key takeaways are that while the Canadian economy had good momentum early this year,… Read More ›