Canadian GDP rose by 0.3% month-on-month (m/m) in May, two ticks higher than Statistics Canada’s advanced guidance. Growth was broad-based with 13 of 20 industries registering an increase on the month. Goods industries rose for a second straight month (+0.6% m/m), while the services sector grew by 0.2% m/m. Outside of agriculture (-0.9% m/m), goods […]
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