The Canadian economy’s temporary boost has faded, revealing a weaker foundation. Statistics Canada (Stat Can) data shows the country’s gross domestic product (GDP) slipped in February. The drop erased half of January’s unexpected surge. Behind Canada’s rising recession risk was declining oil & gas extraction, and the Canadian housing market slowdown.
https://betterdwelling.com/canadian-gdp-contracts-real-estate-posts-largest-drop-since-2022/
https://betterdwelling.com/canadian-gdp-contracts-real-estate-posts-largest-drop-since-2022/
The Canadian economy’s temporary boost has faded, revealing a weaker foundation. Statistics Canada (Stat Can) data shows the country’s gross domestic product (GDP) slipped in February. The drop erased half of January’s unexpected surge. Behind Canada’s rising recession risk was declining oil & gas extraction, and the Canadian housing market slowdown.
https://betterdwelling.com/canadian-gdp-contracts-real-estate-posts-largest-drop-since-2022/
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