GDP
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Bank of Canada could deliver bigger rate cut again amid signs economy stalledThe Bank of Canada has increasingly focused on the health of the economy as it crafts monetary policy, now that inflation has cooled back to its two per cent target.EconomyOct 31
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Canada’s economy ‘remains in a growth funk.’ Will that affect rate cut hopes?Wildfires were impacting several industries in July, Statistics Canada said, with warehousing and transportation seeing its second consecutive monthly contraction.EconomySep 27
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Canada’s economy is ‘staying out of serious trouble,’ latest data showsStatistics Canada says May's real gross domestic product was up 0.2 per cent in the month. Manufacturing led growth in the month, offsetting a slowdown in retail.EconomyJul 31
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Slowing Germany drags down Europe’s economy as U.S. tops expectationsPreliminary figures for how Canada's economy fared in the second quarter of the year are due out on Wednesday.EconomyJul 30
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London, Ont. saw more than $1B in tourism spending in 2023: reportThis is promising news for 2024 and its financial impact on London, especially as the tourism industry begins to bounce back after the pandemic.CanadaJul 29
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Canada’s economy is showing ‘more of a pulse’ in latest GDP uptickReal gross domestic product (GDP) grew 0.3 per cent in April, Statistics Canada said, marking a rebound from weak growth to end the first quarter.EconomyJun 28
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Rate cuts in June or July? What economists are saying after the latest GDP dataSigns of a slowing Canadian economy puts more pressure on the Bank of Canada to pivot to interest rate cuts, according to some economists.EconomyApr 30
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‘Robust’ GDP growth to start 2024 puts Bank of Canada in tough spot: economistsStatistics Canada pointed to a rebound in the public sector, tied largely to the end of strikes in Quebec, as driving economic growth in January.EconomyMar 28
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Poland’s president calls for NATO defence spending to rise to 3% of GDPPresident Andrzej Duda's appeal comes at Poland marks the 25th anniversary of its accession to NATO, along with the Czech Republic and Hungary, on March 12, 1999.WorldMar 11
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Canada’s economy got a lift late last year. Why that might delay rate cutsThe national economy snapped a streak of flat growth in November and showed signs of gaining steam heading into the end of 2023, Statistics Canada says.EconomyJan 31
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