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Canada’s economy kept growing in May, but early signs of a long-awaited slowdown started to appear in June, according to Statistics Canada. The federal agency said Friday that real gross domestic product was up 0.3 per cent in May, with growth in services-producing sectors offsetting declines in goods. A return …
Read More »Statistics Canada set to release GDP report for April – National
A pair of key economic reports are due out Friday morning. Statistics Canada will release its report on how the economy fared in April when it releases its reading of gross domestic product for the month. The agency’s early estimate for April that it released last month had pointed to …
Read More »COVID-19 vaccine rollout delay would have cost Canadian economy $156B: study – National
A study from the C.D. Howe Institute estimates Canada would have lost $156 billion in economic activity in 2021 had COVID-19 vaccines been rolled out six months later than they were. That would have been equivalent to about 12.5 per cent of Canada’s gross domestic product. “The results show that …
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