Canada’s gross domestic product in August rose by 0.4% to CA$1.97 trillion, led by continued rising demand for client-facing business services, according to data released by Statistics Canada on Friday. The rise in spending on in-person services led the economic recovery, as August marked the first ... READ MORE >
Canada GDP
Canada’s GDP showed modest contraction in July
Canada’s gross domestic product contracted by 0.1% in July, continuing the trend from the second quarter, according to government data released Friday. Losses in agriculture, coupled with continued global supply chain issues, wiped out gains in other sectors. This trend undermines the hope of a ... READ MORE >
CHART OF THE DAY: A resurgent pandemic in Canada
Canada reached a grim milestone in early April, passing one million cumulative cases of COVID-19 infections. More than 8,760 new cases are being reported each day as this latest surge of infections closes in on the levels of the post-holiday second wave. If the current breakout is not quickly ... READ MORE >