GDP

• Canada’s economy grew 1.4% in 2024, early estimates show

  The Canadian economy showed signs of life at the end of 2024, Statistics Canada said Friday as the deadline for threatened tariffs from the United States looms.

  Economy

  Jan 31
  
• Ottawa’s immigration cuts will chop 1.7% off GDP in 3 years: PBO

  Canada’s plan to reduce the number of immigrants will result in a 1.7 per cent drop in the country's GDP by 2027, according to the federal fiscal watchdog.

  Canada

  Jan 23
  
• Advertisement
• Tax ‘holiday’ may spur economic growth, but ‘dark cloud’ hangs over future

  The Canadian economy underperformed the Bank of Canada's call for 1.5 per cent annualized growth in the third quarter, and per-capita GDP fell for a sixth consecutive quarter.

  Money

  Nov 29, 2024
• Advertisement
• Bank of Canada could deliver bigger rate cut again amid signs economy stalled

  The 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.

  Economy

  Oct 31, 2024
• 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.

  Economy

  Sep 27, 2024
• Canada’s economy is ‘staying out of serious trouble,’ latest data shows

  Statistics 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.

  Economy

  Jul 31, 2024
• Slowing Germany drags down Europe’s economy as U.S. tops expectations

  Preliminary figures for how Canada's economy fared in the second quarter of the year are due out on Wednesday.

  Economy

  Jul 30, 2024
• London, Ont. saw more than $1B in tourism spending in 2023: report

  This is promising news for 2024 and its financial impact on London, especially as the tourism industry begins to bounce back after the pandemic.

  Canada

  Jul 29, 2024
• Advertisement
• Canada’s economy is showing ‘more of a pulse’ in latest GDP uptick

  Real 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.

  Economy

  Jun 28, 2024
• Advertisement
• Rate cuts in June or July? What economists are saying after the latest GDP data

  Signs of a slowing Canadian economy puts more pressure on the Bank of Canada to pivot to interest rate cuts, according to some economists.

  Economy

  Apr 30, 2024