ARTICLE AD BOX
By Staff The Associated Press
Posted May 30, 2025 7:14 am
1 min read
2:00
U.S. appeals court spares Trump’s tariffs — for now
Statistics Canada is set to share details of how the economy performed in the first quarter of the year.
The agency will report today on real gross domestic product figures for March and for the first quarter as a whole.
Statistics Canada’s flash estimates for the first quarter, released at the end of last month, called for annualized real GDP growth of 1.5 per cent.
2:16
Business Matters: Canada’s GDP started 2025 strong, but expected to slow
Trending Now
A Reuters poll of economists heading into Friday’s release expects growth edged above that, to 1.7 per cent in the quarter.
Story continues below advertisement
Statistics Canada’s report will also offer early signs of how the economy performed in April.
The data will give the Bank of Canada a sense of how tariffs from the United States weighed on the economy early in the year as the central bank prepares for an interest rate decision next week.
© 2025 The Canadian Press
English (US)