Canada’s GDP up in first quarter of 2017

Statistics Canada has released Canada’s latest economic data, and it shows a solid increase in GDP in the first quarter.  The GDP is up by 3.7 percent between January and March 2017.

The economic data is here.   You can also see the economic indicators by province, listed here.

The latest numbers have prompted some speculation that the healthy growth could trigger a raise by the Bank of Canada.  Global news covered the story with the headline “New GDP numbers could be bad news for Canadians with debt” is here.  That story .