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Archives for #canadaeconomy

#canadaeconomy

Canada’s Economy Saw Fastest Growth on Record In Summer Rebound

May 12, 2021 by Cornerstone International Group

Canada’s economy saw the fastest pace of growth on record this past summer as the country rebounded from the spring lockdowns, Statistics Canada said Tuesday. Economic output grew 8.9 per cent in the July-September period, the fastest pace of growth in records going back to 1961. If the economy kept up this pace for an […]

Filed Under: Uncategorized Tagged With: #canadaeconomy

Canada’s economy grew 0.7% in January

April 7, 2021 by Cornerstone International Group

Statistics Canada says the economy grew 0.7 per cent in January. The increase in real gross domestic product compared with a gain of 0.1 per cent in December. The growth also topped the agency’s preliminary estimate for the month of 0.5 per cent. It was the ninth consecutive monthly increase since the plunge in the […]

Filed Under: Cornerstone Blog Tagged With: #canadaeconomy

Here’s where Canadian economists expect to see new jobs in 2021

January 20, 2021 by Cornerstone International Group

Canadian economists looking toward the future say 2021 could bring rapid market changes and positive job creation, but potential growth may hinge on a successful vaccine rollout and a wider feeling that the pandemic is coming to an end. Canada’s unemployment rate sat at 8.6 per cent as of December 2020, down from a record […]

Filed Under: Cornerstone Blog Tagged With: #canadaeconomy

Canada’s economy grew another 0.4% in October, but still well shy of pre-COVID level

December 29, 2020 by Cornerstone International Group

Canada’s economy grew by 0.4 per cent in October, the sixth straight month of expansion after a record-setting plunge in April. Statistics Canada said Wednesday that the country’s gross domestic product grew thanks to a 0.1 per cent expansion in goods-producing industries, and a 0.5 per cent increase from the service sector. The overall gain is […]

Filed Under: Cornerstone Blog Tagged With: #canadaeconomy

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