Canadian GDP On Track To Outperform, Weakness Confined To Housing - Better Dwelling

Canada’s economy might be stronger than expected according to this week’s data. Statistics Canada (Stat Can) data shows real gross domestic product (GDP) grew in April. Even with preliminary numbers showing growth stalling in May, output is still set to outperform the central bank’s expectations. Most weakness is contained to just a few sectors, including housing—which is providing a drag despite increased state-stimulus. Canadian Real GDP Rises In April, Higher Growth Than BoC Expects Canadian economic output made a big …