GDP gains. Economic growth in Canada was positive in December at 0.3%, beating 0.1% in the previous month and above expectations of the same amount. This was the strongest pace since May as growth was seen in both the services and manufacturing sectors led by transportation and warehousing (+1.5%) and mining and extraction (+1.3%). However, for the fourth quarter, GDP was only up 0.1% for the three months, below the 0.3% in Q3. On an annualized basis, GDP posted a 0.3% gain, sharply lower than the 1.1% reading the previous quarter.
To continue reading please click HERE
We would like to take this opportunity to express thanks and gratitude to our associates,…
Introduction Global equity markets finished largely unchanged over the month of November. Enthusiasm for artificial…
October was a month of mixed signals. While equities climbed and AI leaders like NVIDIA…
Markets gained ground in September, lifted by rate cuts and easing inflation. Canadian and U.S.…
Investor sentiment improved in August, driven by hopes of rate cuts and extended trade truces.…
Trade tensions and cautious monetary policy continue to shape the global economic landscape. The U.S.…