Economists Forecast Slow Growth
Canadian GDP Contracts Modest Rebound Ahead Canada’s economy took a step back in August, with gross domestic product (GDP) contracting by 0.3%. Driven by broad-based weakness across both goods and services…
StatsCan: Mortgage debt to GDP ratio reaches new heights in Q2
The ratio of national mortgage debt to GDP has already exceeded 80%, according to Statistics Canada. During the second quarter, the volume of mortgage debt was equivalent to 84.28% of GDP. For…