Canada GDP report reveals early tariff impact
Friday, May 30, 2025, 7:20 am
Statistics Canada is set to release its Q1 GDP figures that highlight early impacts stemming from U.S. tariffs. The detailed figures are expected to offer policymakers critical insights into how tariff measures are influencing the economy, prompting discussions about necessary adjustments amid an already challenging economic climate.
Bluesky: @ledevoir.com
The latest gauge on the Canadian economy was stronger than most economists expected, but the boost in productivity during the first quarter may have been due to tariff concerns.
Economists weigh in on forecast-beating data that was worse than it looked
Le gouvernement Legault s’active pour renforcer les échanges entre provinces face aux tarifs douaniers américains.
Les craintes d’une guerre commerciale ont stimulé les importations et les exportations, note Statistique Canada.
Growth of 2.2% driven by surge in exports to beat Trump's tariffs
Growth primarily driven by exports as companies in the United States rushed to stockpile before President Donald Trump’s tariffs
The data will give the Bank of Canada a sense of how tariffs from the United States weighed on the economy early in the year ahead of its next interest rate decision.
OTTAWA — Statistics Canada is set to share details of how the economy performed in the first quarter of the year. The agency will report today on real gross domestic product figures for March and for the first quarter as a whole. Statistics Canada’s flash estimates for the first quarter, released…
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