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
From tariffs and trade disputes to rising interest rates and stubborn inflation, this month's update…
August was a strong month for global markets, but uncertainty remains. Learn about the key…
Global events continue to shape the economic outlook, creating new opportunities and risks for investors.…
How are inflation, interest rates and global events influencing markets? While global equity markets were…
Global markets are climbing but rising inflation, high energy costs, and cautious consumers tell a…