The Globe and Mail·3 min read·medium
Canada’s economy grew 0.3% in May, coming in above expectations
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Sophia Bertuzzi
✦AI Summary
Canada's economy grew by 0.3% in May, exceeding expectations and putting the country on track for over 3% annualized growth in the second quarter. However, analysts warn that new U.S. tariffs could threaten this recovery in the coming months.
A container is unloaded in Delta, B.C., on Thursday. Statistics Canada's advance estimate puts the economy on track for annualized growth above 3 per cent in the second quarter. DARRYL DYCK/The Canadian Press
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