US EditionWhat slowdown? Economy outperforms, raising odds of a rate hike
- Canada's economy grew at an annualized rate of 3.1% in Q1 2021, beating analysts' predictions.
- March's real GDP was flat compared to February, while April's GDP is expected to have increased by 0.2%, according to a flash estimate by Statistics Canada.
- The GDP report comes ahead of the Bank of Canada's interest rate decision next week, with governor Tiff Macklem signaling that the bank is still evaluating whether interest rates need to go higher to tame inflation.
62 Articles
62 Articles
What slowdown? Economy continues to outperform, raising odds of rate hike next week
OTTAWA — The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of Canada will raise interest rates again when it meets next week.
Canada’s economy continues to outperform, raising odds of rate hike next week - Castor Advance
The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of Canada will raise interest rates again.
Canada’s economy continues to outperform, raising odds of rate hike next week - Creston Valley Advance
The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of Canada will raise interest rates again.
Canada’s economy continues to outperform, raising odds of rate hike next week - Vanderhoof Omineca Express
The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of Canada will raise interest rates again.
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