The Limited Times

Now you can see non-English news...

In 2020, Canada's GDP recorded its worst contraction since 1961


The Canadian economy, however, rebounded sharply at the end of the year, growing 9.6% in the fourth quarter.

The Canadian economy contracted 5.4% in 2020, due to the impact of the coronavirus pandemic, its worst setback in at least 60 years, the Canadian Institute for Statistics said on Tuesday.

By comparison, Canada posted growth of 1.9% in 2019. However, the Canadian economy rebounded sharply at the end of the year, with growth of 9.6% at an annualized rate in the fourth quarter, an increase higher than the expectations of economists.

Source: lefigaro

All business articles on 2021-03-02

You may like

News/Politics 2021-02-12T19:37:39.397Z
News/Politics 2020-10-23T18:34:04.211Z
News/Politics 2021-01-14T10:10:42.443Z

Trends 24h

Business 2021-04-14T19:05:00.019Z
Business 2021-04-14T20:43:48.357Z


© Communities 2019 - Privacy