Gross Domestic Product

Statistics Canada reports real GDP grew 0.3 per cent in October

Statistics Canada reports real GDP grew 0.3 per cent in October

Dec 23, 2024 | 9:20am
Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September. The agency says the growth came as services-producing industries grew 0.1 per cent for the month, marking the fifth straight month of increases.  […]
In the news today: Canada to map out defence spending, Winnipeg killer verdict due

In the news today: Canada to map out defence spending, Winnipeg killer verdict due

Jul 11, 2024 | 5:26am
Here is a roundup of stories from The Canadian Press designed to bring you up to speed… Canada set to provide details on defence funding Canada is expected to provide more details about its plan to meet defence spending targets in an effort to quell concerns that have dogged the prime minister during this week’s […]
Bank of Canada’s next move less certain after inflation rate ticks higher in May

Bank of Canada’s next move less certain after inflation rate ticks higher in May

Jun 25, 2024 | 12:39pm
Quick Notes: National Consumer Price Index (CPI) 2.9% (May) 2.7% (April) Saskatchewan: 1.5% (May) 1.0% (April) Regina: 1.5% (May) 1.2% (April) Saskatoon: 1.5% (May) 1.4% (April) The annual inflation rate unexpectedly ticked higher in May, raising doubts about what the Bank of Canada will do when it makes its next interest rate decision in July in “bumpy and choppy” […]

Economy grew by annual rate of 3.3% in second quarter, Statistics Canada says

Aug 31, 2022 | 6:56am

The Canadian economy grew at an annual rate of 3.3 per cent in the second quarter, with growth largely driven by increased business investment in inventories and household spending. Statistics Canada released its latest reports on monthly and quarterly real gross domestic product on Wednesday morning, which showed the economy grew for a fourth consecutive […]

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