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 ...

Statistics Canada said Friday. The decline was the sharpest since December 2023, and followed growth of 0.3% in October. Economists were expecting a 0.1% fall in monthly GDP, in line with the data ...

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 ...

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 ...