OTTAWA — Canada’s economy is still struggling to grow but some economists weighing in on the latest real gross domestic product results Friday argued that weakness may not qualify as a recession.
StatCan reported Friday that the economy stalled in the first quarter of the year.
While real GDP by expenditure was flat on a quarter-by-quarter basis, converting that to an annualized rate — the figure most economists pay close attention to — magnifies the quarterly changes and results in a decline of 0.1 per cent for the first quarter.
That follows a real GDP drop of one per cent in the fourth quarter of 2025, a figure StatCan
→ Continue reading at BIV
