Canada's Economy Grows, Bank Holds Rate

This is a U.S. news story, published by Global News, that relates primarily to Grantham news.

U.S. news

For more U.S. news, you can click here:

more U.S. news

Grantham news

For more Grantham news, you can click here:

more Grantham news

unemployment news

For more unemployment news, you can click here:

more unemployment news

Global News news

For more news from Global News, you can click here:

more news from Global News

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like unemployment news, you might also like this article about

Canadian economy

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest GDP news, GDP spike news, unemployment news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

latest economic numbers

Global News

•

Business

Business & Economics

What Canada’s GDP growth means for the upcoming interest rate decision - National | Globalnews.ca

Summary

Nutrition label

83% Informative

In March , gross domestic product, or GDP, was up by 0.1 per cent after falling in February .

GDP is the measure of an economy’s productivity by adding the total value of all goods and services produced in a month .

The threat of rising costs for businesses and consumers as the result of U.S. tariffs has led to a change in the economic landscape.

The Bank of Canada will make an interest rate decision on June 4 .

The central bank may not want to bring down borrowing costs any further.

“Overall it appears that the Canadian economy is faring better than we previously expected in the face of U.S. tariffs and related uncertainty,” says Grantham .

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful