July 2021

Canadian Monthly Economic Growth (Real GDP April 2021)

Posted on Jul 01, 2021

The Canadian economy contracted for the first time in 12 months in April as monthly real GDP fell 0.3 per cent due to restrictions put in place to contain the third wave of COVID-19. The largest declines were felt in high-touch services sector industries like retail trade and food services. Output of the real estate sector also dipped in April, tho...

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