Canada’s Economy Rebounded in April, Modest Growth Expected in May

The Canadian economy bounced back in April, up 0.3% month-on-month (m/m). This print landed in line with Statistics Canada’s advanced guidance and market expectations. The flash estimate for May points to a slight advance of 0.1% m/m. April’s reading was broad-based, with output expanding in 15 of 20 industries. The gain was evenly split between […]

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