ECONOMIC ANALYSIS: GDP – MARCH 2017

Manufacturing outpaces all other sectors in a strong March for the Canadian economy           

After growth was essentially flat in February, the Canadian economy snapped back to life in March, led by a surge in goods-producing industries – notably manufacturing and utilities. Overall, GDP expanded by a healthy 0.51 per cent for the month, equivalent to an annualized rate of about 6.1 per cent. That growth represents one of the best monthly performances for the Canadian economy over the past two or three years.

Read more on CME’s website.

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