Canada's Economy Flat in February

April 30, 2015

After contracting in the past few months, due to falling oil and gas prices, February's GDP reamined unchanged and saw an uptick in retail trade. In the first quarter Canada's GDP is tracking close to zero.

The Bank of Canada predicts that most of the oil impact will occur in the first quarter of 2015, then there should be a gradual rebound in GDP, which likely will not see a further decrease in rates.

No comments

Post Your Comment:

* indicates required fields.
Your Name: *
Please note, your email will not be shown publicly
Your Email (will not be published): *
Comment: *
Please type the text as it appears above:
Posts By Date
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.