The Bank of Canada forecast GDP in both the final quarter and the full year to expand 1.8%, while economists expected slightly softer growth of 1.6% for the quarter and 1.3% for the year.
The hammer has fallen and Canada now faces its biggest trade shock in nearly 100 years, say economists who rushed to adjust ...
After announcing a 25-basis-point cut this week, Bank of Canada governor Tiff Macklem said growth was picking up, but that the bank would want it to be sustained. The bank revised its 2025 GDP ...
Preliminary data released Friday by Statistics Canada points to a rebound in December gross domestic product, with industry-level growth estimated to at 0.2% from the month before. That follows a ...
OTTAWA (Reuters) - Canada's economy contracted more than ... month when Statscan will also publish the fourth-quarter economic growth number. According to its initial estimate, annualized fourth ...
Canada’s economy ended 2024 on an encouraging note, offering a positive handoff for the new year just as the country braces for the possible shock of tariffs.
OTTAWA (Reuters) - Canada's economy contracted more than expected in November as activity across a majority of sectors shrank due to work stoppages in inland transportation and at ports, Statistics ...