Canada’s economy recovering, but still well below pre-pandemic levels

TORONTO, Ont. – Canada’s real GDP rebounded by 4.5% in May, following two months of unprecedented declines, according to the latest data from Statistics Canada released July 31. However, economic activity remained 15% below February’s pre-pandemic level. For trucking, the important goods producing GDP numbers were up 8%, with 17 of 20 industrial sectors posting … Continue reading Canada’s economy recovering, but still well below pre-pandemic levels