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These are the weak spots in the Canadian economy, RBC says

Summary by Cantech Letter
Royal Bank of Canada economist Abbey Xu said Canada’s economy maintained momentum in February as temporary January drags faded, with real GDP rising 0.2% in line with Statistics Canada’s advance estimate and RBC’s forecast. Xu said growth was supported by both goods-producing industries, up 0.4%, and services, up 0.1%. Manufacturing rebounded as auto production normalized […] Source
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Cantech Letter broke the news on Monday, May 4, 2026.
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