Statistics Canada said Tuesday real GDP rose 0.5% month-on-month in April, the largest single-month increase in nine months and above the 0.4% analysts had expected after a 0.1% contraction in March. The stronger-than-expected rebound eases concerns that a tariff-driven economic slowdown was becoming entrenched.

2026-06-30

Statistics Canada said Tuesday real GDP rose 0.5% month-on-month in April, the largest single-month increase in nine months and above the 0.4% analysts had expected after a 0.1% contraction in March. The stronger-than-expected rebound eases concerns that a tariff-driven economic slowdown was becoming entrenched.