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Real GDP rising at consistent pace

Published by Stephanie Brooks on June 01, 2012

Based on the Canadian economic accounts (first quarter 2012 and March 2012) update released today, statistics show real GDP rose 0.5 per cent – the same pace as the previous quarter.

Business investment was the biggest contributor to first-quarter GDP growth, similar to 2011. Final domestic demand grew 0.3 per cent, and on a monthly basis, real GDP by industry increased 0.1 per cent in March.

Read the full update here.


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