According to its initial estimate, the annualized fourth quarter GDP is likely to be 1.8 per cent, or similar to what the Bank of Canada had forecast in its latest projections published this week.

Real GDP is calculated by dividing nominal GDP by a GDP deflator. Unlike real GDP, nominal GDP uses current market prices and doesn't factor inflation into its calculation. Real GDP is a ...

According to its initial estimate, annualized fourth-quarter GDP is likely to be 1.8%, or similar to what the Bank of Canada had forecast in projections published this week. The central bank has ...

Preliminary data released Friday by Statistics Canada points to a rebound in December gross domestic product, with industry-level growth estimated to at 0.2% from the month before. That follows a ...

OTTAWA, Jan. 31 (Xinhua) -- Canada's real gross domestic product (GDP) decreased 0.2 percent in November last year, the largest monthly contraction since December 2023, Statistics Canada said on ...

The country's gross domestic product shrunk by 0.2% in November on a monthly basis from a 0.3% rise in October, led by contraction in mining, quarrying, oil sands extraction and transportation, ...