Gross Domestic Product

• 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
  
• 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
  
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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
• Equine community making ‘significant’ contribution to Alberta economy: report

  According to newly-released research findings from a study initiative by the Alberta Equestrian Federation (AEF), the industry is a major contributor to the provincial economy.

  Economy

  Sep 21, 2022
• Canadian economy grew 3.3% in Q2 but early signs point to July contraction

  Canada's gross domestic product was up 3.3 per cent in the second quarter of the year as some economists warn of 'clear signs' of economic slowing.

  Economy

  Aug 31, 2022
• Could Canada follow the U.S.’s economic decline? Here’s what experts say 

  Canada's economy shows signs of slowing but growing while the United States has reported two quarters of decline. What's the difference between the North American neighbours?

  Economy

  Jul 30, 2022
• Canada’s GDP unchanged in May, but early signs point to Q2 growth

  The latest GDP reading shows Canada's economic output was unchanged in May and could have ticked up in June, showing signs of overall growth in the second quarter.

  Economy

  Jul 29, 2022
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• Conference Board of Canada report paints a rosy picture of Guelph economy

  According to a report released by the think tank, the Guelph economy is expected to see real growth in gross domestic product of 3.9 per cent in 2022 and 2.3 per cent in 2023.

  Economy

  Jul 21, 2022
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• COVID not likely to stiffle further economic growth in Hamilton: report

  The highly infectious COVID-19 Omicron variant took some steam out of the Hamilton's economic activity in early 2022, but it's not expected to throw off further growth.

  Economy

  May 4, 2022