Statistics Canada recently revised up GDP numbers for the 2022-2024 period. Happily, the revision suggests Canada’s economy was a bit stronger than previously thought. We should not be complacent, however. Before the revision, GDP per capita was about where it had been in 2017. After the revision, it is only slightly better than 2017, which is still a weak outcome, and it remains worse than in 2022 – far from a passing grade. For more, see this recent C.D. Howe Institute Globe and Mail Op-Ed.
Source: Statistics Canada.
