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Canada’s GDP grew 1.7% in 1st quarter — What do you need to know?

May 31, 2024

According to Statistics Canada, Canada’s economy grew 1.7 per cent in the first quarter, helped by household spending. Anne Gaviola has more on what this means for the central bank’s next interest rate announcement in June — which financial markets expect might be the first interest rate cut since 2020.

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