Blog categorized as Canadian Market

The Canadian economy expanded at an annualized rate of 1.7% in the first quarter of 2024, missing forecasts. Real gross domestic product (GDP) likely saw a 0.3% monthly growth in April after the economy stalled in March.

The Canadian dollar could drop to 69 cents against the US dollar amidst expected interest rate cuts by the Bank of Canada.

The Canadian economy expanded at an annualized rate of 1.7% in the first quarter of 2024, missing forecasts. Real gross domestic product (GDP) likely saw a 0.3% monthly growth in April after the economy stalled in March.