Canadian GDP Archives - Better Dwelling https://betterdwelling.com/tag/canadian-gdp/ Canada’s Fastest Growing Real Estate News Source Thu, 30 Nov 2023 17:41:48 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Canadian GDP Archives - Better Dwelling https://betterdwelling.com/tag/canadian-gdp/ 32 32 64691831 Canadian Economy Narrowly Avoids Recession After Data Revision https://betterdwelling.com/canadian-economy-narrowly-avoids-recession-after-data-revision/ https://betterdwelling.com/canadian-economy-narrowly-avoids-recession-after-data-revision/#respond Thu, 30 Nov 2023 17:41:45 +0000 https://betterdwelling.com/?p=24368 The Canadian economy is slowing… or booming. It really depends on when you read the statistics, apparently. Statistics Canada (Stat Can) released real gross domestic product (GDP) data this morning, revealing a sharp contraction in the third quarter. However, it was accompanied by a massive second quarter revision, indicating the economy was performing much better […]

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]]> https://betterdwelling.com/canadian-economy-narrowly-avoids-recession-after-data-revision/feed/ 0 24368 Canadian Economy Flirts With Recession As Housing Drags GDP https://betterdwelling.com/canadian-economy-flirts-with-recession-as-housing-drags-gdp/ https://betterdwelling.com/canadian-economy-flirts-with-recession-as-housing-drags-gdp/#comments Fri, 01 Sep 2023 16:33:23 +0000 https://betterdwelling.com/?p=23909 Canada’s economy may be just a few short months away from recession. The latest gross domestic product (GDP) data from Statistics Canada (Stat Can) stalled in Q2 2023. As much of a red flag as that is, it gets worse when you consider the population boom. Despite there being a lot more people, households are […]

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]]> https://betterdwelling.com/canadian-economy-flirts-with-recession-as-housing-drags-gdp/feed/ 3 23909 Canada’s GDP Slowed Despite A Population Boom. That’s Bad News https://betterdwelling.com/canadas-gdp-slowed-despite-a-population-boom-thats-bad-news/ https://betterdwelling.com/canadas-gdp-slowed-despite-a-population-boom-thats-bad-news/#comments Fri, 28 Apr 2023 16:51:40 +0000 https://betterdwelling.com/?p=23301 Not even Canada’s record population growth can prevent its economy from slowing. Statistics Canada (Stat Can) reported the country’s real gross domestic product (GDP) growth slowed in February. The final numbers showed just a third of the growth rate the agency anticipated in their preliminary estimate. Not even the demand boost from a record population […]

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]]> https://betterdwelling.com/canadas-gdp-slowed-despite-a-population-boom-thats-bad-news/feed/ 9 23301 Canada’s GDP Growth Is Slowing, Failing To Keep Up With Population Boom https://betterdwelling.com/canadas-gdp-growth-is-slowing-failing-to-keep-up-with-population-boom/ https://betterdwelling.com/canadas-gdp-growth-is-slowing-failing-to-keep-up-with-population-boom/#comments Tue, 31 Jan 2023 16:41:19 +0000 https://betterdwelling.com/?p=22839 Canada’s economy is still cranking out growth, but the details aren’t encouraging. Statistics Canada (Stat Can) data shows higher-than-expected gross domestic product (GDP) growth in November. It was positive news, but economists remain cautious and warn that consumers are weakening. GDP growth couldn’t even match the robust population growth, reinforcing slowdown concerns. Canada’s Economy Is […]

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]]> https://betterdwelling.com/canadas-gdp-growth-is-slowing-failing-to-keep-up-with-population-boom/feed/ 7 22839 Canada’s GDP Grew, But Consumers Aren’t Spending & We’re Heading For Recession https://betterdwelling.com/canadas-gdp-grew-but-consumers-arent-spending-were-heading-for-recession/ https://betterdwelling.com/canadas-gdp-grew-but-consumers-arent-spending-were-heading-for-recession/#comments Tue, 29 Nov 2022 18:24:30 +0000 https://betterdwelling.com/?p=22368 Canada’s economy is growing, but don’t let the headline data fool you—the country is still heading for recession. Statistics Canada (Stat Can) gross domestic product (GDP) data showed big growth in Q3 2022. However, taking a dive past the headline number reveals things aren’t as great as they might appear. Household spending made a rare […]

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]]> https://betterdwelling.com/canadas-gdp-grew-but-consumers-arent-spending-were-heading-for-recession/feed/ 9 22368 Canadian Provinces Depend On Real Estate Services For Up To 1 In 5 GDP Dollars https://betterdwelling.com/canadian-provinces-depend-on-real-estate-services-for-up-to-1-in-5-gdp-dollars/ https://betterdwelling.com/canadian-provinces-depend-on-real-estate-services-for-up-to-1-in-5-gdp-dollars/#comments Sat, 02 Jul 2022 15:59:36 +0000 https://betterdwelling.com/?p=21107 Canada’s addiction to real estate-driven growth won’t be easy to break, being such a large share of the economy. Statistics Canada (Stat Can) released annual provincial data for Real Estate and Rental and Leasing (RERL). RERL is a share of gross domestic product (GDP) sourced from real estate services. Over the past two decades, RERL […]

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]]> https://betterdwelling.com/canadian-provinces-depend-on-real-estate-services-for-up-to-1-in-5-gdp-dollars/feed/ 4 21107 Canada’s Sky-High Inflation To Force The Economy To Slow This Summer: RBC https://betterdwelling.com/canadas-sky-high-inflation-to-force-the-economy-to-slow-this-summer-rbc/ https://betterdwelling.com/canadas-sky-high-inflation-to-force-the-economy-to-slow-this-summer-rbc/#comments Mon, 27 Jun 2022 16:18:50 +0000 https://betterdwelling.com/?p=21056 Canada will need to pump the breaks to stabilize its overheated economy. That was the message from RBC Economics’ latest research on inflation. Sky-high inflation has forced central banks to adopt an aggressive rate hike schedule. Cooling inflation (and the economy) with rapid rate normalization is now the plan. The slowdown is expected to begin […]

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]]> https://betterdwelling.com/canadas-sky-high-inflation-to-force-the-economy-to-slow-this-summer-rbc/feed/ 4 21056 Canadian Real Estate Was Responsible For Nearly Half of GDP Growth Last Quarter https://betterdwelling.com/canadian-real-estate-was-responsible-for-nearly-half-of-gdp-growth-last-quarter/ Tue, 31 May 2022 22:01:00 +0000 https://betterdwelling.com/?p=20803 Canada’s economy is demonstrating it has no clue where to find growth if not through a housing mania. Statistics Canada (Stat Can) data shows the gross domestic product (GDP) advanced in Q1 2022. Nearly half of the quarter’s growth was due to residential investment, or homebuilding. Housing has produced such lofty gains, it’s become hard […]

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]]> 20803 Canada’s Economy Peaked Way Before The Pandemic When Measured Per Capita https://betterdwelling.com/canadas-economy-peaked-way-before-the-pandemic-when-measured-per-capita/ https://betterdwelling.com/canadas-economy-peaked-way-before-the-pandemic-when-measured-per-capita/#comments Thu, 17 Feb 2022 20:58:40 +0000 https://betterdwelling.com/?p=19692 There’s a good reason you might be feeling Canada’s economic recovery, and that’s because of how it’s measured. Canada’s gross domestic product (GDP) ripped higher in Q3 2021 and it’s just shy of the pre-2020 peak. Aggregate GDP measures are only useful for the size of an industry, not how it impacts people. For the […]

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]]> https://betterdwelling.com/canadas-economy-peaked-way-before-the-pandemic-when-measured-per-capita/feed/ 4 19692 Bank of Canada Quietly Revised Its GDP Forecast To Show A Larger Housing Contraction https://betterdwelling.com/bank-of-canada-quietly-revised-its-gdp-forecast-to-show-a-larger-housing-contraction/ https://betterdwelling.com/bank-of-canada-quietly-revised-its-gdp-forecast-to-show-a-larger-housing-contraction/#comments Thu, 27 Jan 2022 17:13:45 +0000 https://betterdwelling.com/?p=19503 Despite Canadian real estate spiraling out of control, the central bank held rates. The Bank of Canada (BoC) attributed the decision to fears of economic risk, but glossed over that fear being a housing slowdown. The BoC’s latest gross domestic product (GDP) forecast shows housing will provide a big drag in 2022. A year ago, […]

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