Canada’s Economy Decelerates in April, Points to a Negative Print for May  

The Canadian economy expanded by +0.3% month-over-month (m/m) in April, beating Statistics Canada’s flash estimate of +0.2%. Surprisingly, the flash estimate for May showed a decrease of 0.2% m/m. April’s increase in activity was fairly broad, with output expanding in 13 of the 20 industries. The goods-producing sector rose 0.9%, while the service-producing sector rose […]

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