Canada’s GDP shrinks modestly in May but possible June rebound could lead to second-quarter gain, Statscan says

theglobeandmail.com/business/economy/article-canadas-gdp-shrinks-modestly-in-may-but-possible-june-rebound-could

Canada’s Gross Domestic Product met expectations and shrank 0.1% in May on a monthly basis, but it is likely to regain the lost output in June led by a rebound in some sectors, data showed on Thursday.
An advanced estimate showed the GDP is likely to expand by 0.1% in June, and on an…

This story appeared on theglobeandmail.com, 2025-07-31 12:52:28.
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