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Canada’s GDP Expanded by 4.6% in the Year Up to May

Posted July 28, 2017

Under Economic Issues, International Trade Issues

(CBC News)

Canada’s economy grew by 0.6 per cent in May, the seventh straight monthly gain.

The overall economy has grown by 4.6 per cent in the 12 months leading up to the end of May, Statistics Canada said. That’s the biggest 12-month figure since 2000.

The strong showing blew past what economists were expecting, which was modest growth of 0.2 per cent for the month. Click here to read more.