Gross Domestic Product

• 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
  
• 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
  
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• Canada at risk of ‘tipping into a mild recession’ after flat GDP reading

  Early estimates show Canada's economic growth has stalled in the third quarter of the year amid pressure from higher interest rates.

  Canada

  Oct 31, 2023
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• Canada’s economy was flat in July with signs of growth in August: StatCan

  Real GDP was 'essentially unchanged' in July, Statistics Canada said Friday, following a modest contraction of 0.2 per cent in June.

  Economy

  Sep 29, 2023
• Economy hit ‘sharp reversal’ in June. What this means for the Bank of Canada

  Forest fires in Alberta dragged down Canada's economy in May, but rebounds in the housing market and an end to the federal public service strike kept growth positive, StatCan said.

  Economy

  Jul 28, 2023
• Will there be a recession in Canada? What the latest data tells us

  A flurry of economic releases show Canada's economy has some underlying strength, with opinions mixed about whether a recession is still in the cards.

  Economy

  Jun 30, 2023
• Bank of Canada will ‘actively’ talk about rate hikes after GDP surprise, experts say

  The first-quarter GDP figures are the final major economic release on the docket before the Bank of Canada's interest rate decision on June 7.

  Economy

  May 31, 2023
• Is Canada in a recession? StatCan’s early estimates are saying not yet

  November's GDP grew at a rate of 0.1 per cent and initial indications suggest the economy kept growing in Q4, Statistics Canada said, staving off fears a recession starting.

  Economy

  Jan 31, 2023
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• The economy is slowing heading into the end of 2022, Statistics Canada says

  October's GDP figures showed 0.1 per cent growth, while early forecasts for November indicate real GDP was essentially unchanged, Statistics Canada said Friday.

  Economy

  Dec 23, 2022
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• Hamilton’s economy grows in 2022 but expected to slow going into 2023: report

  A Conference Board of Canada report forecasts an economic slow down for Hamilton going into 2023 with current inflationary pressures, rising interest rates and labour shortages.

  Economy

  Oct 21, 2022