Forgot your account information?  |  Create a CME account

Economy grows at a slower rate in 2011

Published by Steve Coleman on May 16, 2012

Canadian GDP was up in 2011, but not as much as 2010.

Thanks to oil and mineral exploration, the Northwest Territories, Alberta, Saskatchewan, the Yukon and Nunavut were the fastest growing parts of Canada in 2011 as the country's economy grew 2.6 percentage points.

In 2010, real GDP was up 3.4 per cent for the year.

In terms of the economy, at least, Nunavut was the country's hot spot in 2011 with a 7.7 per cent rise in GDP. Neighbouring Northwest Territories was the only part of the country to show a shrinking economy at 5.5 per cent smaller for the year.

For an in-depth look at the numbers, visit the Statistics Canada web site.

Found in: news

National Office

Alberta British Columbia
Manitoba New Brunswick
Newfoundland & Labrador Nova Scotia
Ontario Québec
Prince Edward Island Saskatchewan