The economy followed up a poor Q4 performance with another weak quarter for its first back-to-back quarter loss since 2015. For the first three months of the year, the economy mustered 0.1% growth, matching forecasts, thanks to a better than expected March month expansion of 0.5% versus a 0.4% estimate. A decline in exports and consumer spending attributed to the quarterly performance but is expected to get better in the second half of 2019 as demonstrated by improved economic data from the second quarter.
To read the whole story please CLICK HERE.
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.…
Global equity markets rose in June as trade talks between the U.S., China, Canada and…
Trade talks, court rulings, and surprise tariff moves turned May into a geopolitical chess match.…
April's global markets faced turbulence due to trade and economic uncertainties. Discover how these factors…