Economy

OECD forecasts 6.1% growth for Canada this year OECD forecasts 6.1% growth for Canada this year

Economic Indicators

OECD forecasts 6.1% growth for Canada this year

The rebound will be thanks to reduced Covid-19 restrictions in the second half of the year

By The Canadian Press |May 31, 2021

2 min read

Canada sees first current account surplus since 2008 Fallback Image Decorative pattern

Economic Indicators

Canada sees first current account surplus since 2008

Both the goods and services sectors had a surplus, and foreign investment also rose

By James Langton |May 31, 2021

1 min read

Finance Department reports preliminary deficit of $314B for last fiscal year Fallback Image Decorative pattern

Economic Indicators

Finance Department reports preliminary deficit of $314B for last fiscal year

The unprecedented figure was caused by an equally unprecedented economic shock

By The Canadian Press |May 28, 2021

2 min read

U.S. consumer spending rose 0.5% in April U.S. consumer spending rose 0.5% in April

Economic Indicators

U.S. consumer spending rose 0.5% in April

That's a pullback from the 4.7% spending surge in March, but the drop was expected

May 28, 2021

4 min read