How did Canada’s economy fare in Q1? StatCan to release GDP data
Global News
The Statistics Canada report is the last major economic data point before the Bank of Canada's interest rate decision set for next week.
Statistics Canada will release Friday morning its reading on how the economy fared in the first three months of the year.
The agency will publish its real gross domestic product figures for March and the first quarter as a whole.
The report is the last major economic data point before the Bank of Canada’s interest rate decision set for next week.
Central bank governor Tiff Macklem has said a rate cut is within the realm of possibilities, but that the decision will be based on the economic data.
A preliminary estimate for March suggested real GDP was essentially unchanged as increases in utilities and real estate and rental and leasing were offset by decreases in manufacturing and retail trade.
Based on that preliminary figure, the Canadian economy grew at an annualized rate of 2.5 per cent in the first quarter of 2024.
Dashcam video shows the wild scene as a vehicle crashed into two parked cars at a high speed on Shaunslieve Drive in Bedford.
City of Wetaskiwin officials have issued a statement on the decision to ban Mayor Joe Branco from city hall — but it does little to clarify the ongoing situation.
An Abbotsford woman who was sexually abused as a child is speaking out after suffering years of abuse at the hands of her stepfather, starting at the age of just 12 years old.
Technology Minister Nate Glubish says such images, known as deepfakes, can cause people serious harm and that changing the law should create a new layer of protection.
Renters in Quebec may soon have final say over whether they're allowed to keep pets in their homes following a legal ruling that no-pet clauses in leases violate Charter rights.
Alberta RCMP say they have located a Grey 2022 Ford F-150 involved in the fatal highway shooting of an Edmonton man earlier this month. The suspect remains at large.
Education Minister Paul Calandra, however, said he won't use the notwithstanding clause if he moves to eliminate trustees in Ontario.
U.S. President Donald Trump said on Sunday that he would order federal immigration agents to airports to assist TSA. Canadians landing the U.S. should be prepared.
Three overpasses in Saskatoon have been hit in the past three weeks, with charges announced against the driver in the first incident.
Auditor General Karen Hogan says there are critical weaknesses in the integrity controls for the International Student Program.
Return trips by Canadian residents from the U.S. fell 22 per cent in January compared with a year earlier, according to the latest data.
Three byelections are being held on April 13 and the results could have an impact on both the makeup of Parliament and how long it lasts.
Ontario's provincial members of parliament are heading back to Queen's Park Monday, as the legislature sits for the first time since December.