gross domestic product
Dire economic data undermine Liberal promises of growth, Conservatives say
StatsCan reports real GDP fell at an annualized rate of 1.6% in Q2.
RBC cites low oil prices in lowering GDP forecast to 1.7%
Growth rooted by solid consumer spending, stronger exports and stimulus from the federal government.
Canadian economy grows 0.8% in Q4
Meanwhile, Canada’s terms of trade sunk for the fifth consecutive quarter to reach its lowest level since late 2003.
Economic growth slows to 1.2%, half of last year’s rate: OECD
Economic think-tank isn’t optimistic about GDP, which won’t get back to 2014 levels for at least two years.
Manufacturing recovery takes a detour, but long term prospects brighter
Factory sales fall, but volumes led by auto sector see slight gains.
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Mining in Canada’s North to double by 2020
Conference Board forecasts overall mining output will grow by 91%, or 7.5% annually, until 2020.
