Canada’s Economy Advanced in May, Modest Growth Expected in June

The Canadian economy grew for a second consecutive month, up by 0.2% month-on-month (m/m). This print landed ahead of Statistics Canada’s advanced guidance and market expectations of a 0.1% m/m gain. The flash estimate for June points to a 0.1% m/m gain. May’s reading was broad-based, with output expanding in 15 of 20 industries. Goods-producing […]

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