Canada’s May GDP remained unchanged from April, as increases in service spending (0.4%) offset decreases in goods-producing industries (1%), according to data released by Statistics Canada on Friday. On a year-over-year basis, GDP grew by 5.6%, exceeding expectations. This makes Canada an interesting ... READ MORE >
Statistics Canada
Canada added 35,200 jobs in December, exceeding estimates
The Canadian economy added 35,200 jobs in December, significantly greater than the 25,000 expected by economists. This partially offsets the 71,000 job losses in November’s Statistics Canada labor market survey. The unemployment rate fell by 0.3 percentage points to reach 5.6%, near the historic low of ... READ MORE >