Julie Gordon

Canada's Economy Gains Momentum In Q2, Rate Hikes Loom

Canada's economy was not as robust as expected in the first quarter, but had momentum heading into the second, official data showed on Tuesday, reinforcing the likelihood of another oversized rate hike from the central bank this week.

Canada's Economy Likely Grew By 5.6% In First Quarter

The Canadian economy most likely grew by 5.6% on an annualized basis in the first quarter, Statistics Canada said on Friday, as growth in February beat expectations and real gross domestic product was seen increasing again in March.