Tag: Canadian Exports

Canada

Canada’s GDP Rises in Q1 2025—But Domestic Demand and Trade Flatline

May 30, 2025

Canada’s gross domestic product (GDP) may appear stable, but its foundation is anything but. Statistics Canada (Stat Can) data shows that real GDP rose 0.5% in Q1 2025, matching Q4 2024 after a downward revision. While the headline signals expansion, it conceals a more troubling reality: domestic economic activity is flatlining, and the terms of […]

Canada

Canada’s Economy Has Never Been More Dependent On Energy As Oil Climbs: BMO

February 8, 2022

Canada is shying away from its image as a petro-state, but its economy is moving in the other direction. BMO Capital Markets’ latest research note looks at Canada’s merchandise trade balance for 2021. Canada produced its first surplus since 2014, way back when oil was above $100 barrel. That’s not a coincidence, with energy prices […]