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#gdp

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USA GDP dives, Canada's GDP rises. The Canadian economy grew more than expected in the first three months of 2025, prompting economists to re­evaluate their predictions for the upcoming Bank of Canada interest rate decision. Real gross domestic product (GDP) grew at an annualized pace of 2.2%, Statistics Canada reported Friday. That's higher than the agency's early estimate of 1.5% and the economist consensus of 1.7% #gdp #economy #finance #canada #business thestar.com/business/economist

Toronto Star · Economists expect Bank of Canada will pause interest rate cuts following surprise GDP growthBy Ana Pereira