BCREA ECONOMICS NOW
Canadian Monthly GDP Growth - April 30, 2013
The Canadian economy grew 0.3 per cent in February, building
off of a similar gain in January. At the
industry level, economic growth was led by natural resource extraction
activities but also received a boost from construction, forestry, and
manufacturing.
Economic growth has been stronger than expected over the
first two months of the first quarter. As a result., we have revised our first
quarter GDP growth estimate upward from 1.5 per cent to between 1.5 and 2 per
cent.
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