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Canadian Economy Shrinks In May Due To Alberta Wildfires, RMPI Drops More Than Expected

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    According to fresh figures released by Statistics Canada, the Canadian GDP dropped 0.6% in May, after rising 0.1% in the preceding month. Economic desks expected Canada's economy to contract 0.5% in the reported month. On an annual basis, the Canadian GDP advanced 1.0% in the fifth month of the year,[​IMG]

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