'Canada's economy ended 2022 with a thud:' What the economists are saying about GDP
“A far bigger concern,” said Stephen Brown of Capital Economics, was “the 27 per cent annualized slump in machinery and equipment investment.”
Monthly GDP contracted 0.1 per cent in December, although the national data agency released a flash estimate suggesting month over month growth in January rebound 0.3 per cent. “The latest monthly data do not suggest that the economy is in recession,” Brown said in a note on Feb. 28.Stephen Brown, Capital Economics
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Instant reaction: What the Street is saying after Canada’s surprisingly weak GDP reportThe Canadian economy recorded no growth in the final three months of 2022, massively underperforming expectations
Lire la suite »
Canadian economy remained flat in fourth-quarter, contracted in DecemberStatistics Canada says real GDP was unchanged in the last three months of 2022, despite higher household and government spending as well as a stronger trade position for Canada
Lire la suite »
Beer sales hit all-time low as Canada’s alcohol sales see largest drop in a decade, new report findsWine sales in Canada are also seeing a historic decline, according to Statistics Canada.
Lire la suite »
Canada-China trade breaks record, as imports hit $100 billionTrade between China and Canada hit record levels in 2022, with imports breaking the $100-billion mark for the first time, Statistics Canada data show.
Lire la suite »
Canada-China trade breaks record, as imports hit $100 billionTrade between China and Canada hit record levels in 2022, with imports breaking $100 billion for first time, Statistics Canada data show.
Lire la suite »
Canada-China trade breaks record, as imports hit $100 billionTrade between China and Canada hit record levels in 2022, with imports breaking $100 billion for first time, Statistics Canada data show.
Lire la suite »