Canada GDP growth: two negative quarters

Is GDP growth of 1.5% considered robust in Canada?

Gross domestic product declined at an annualized rate of 0.1% in the first quarter, Statistics Canada said, compared with a downwardly revised contraction of 1% in the fourth quarter of last year.

Analysts polled by Reuters and the Bank of Canada had predicted ‌the first quarter growth at annual ⁠rates at a robust 1.5%.

DB2

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Welp, given the US has been described by some as the hottest country on earth at 1.6% GDP growth…yeah.

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And…should we be celebrating our ability to destroy the Canadian Economy with our tariffs? https://www.reuters.com/world/americas/canadas-q1-gdp-contracts-annualized-basis-posting-two-quarters-decline-2026-05-29/

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Don’t worry he is an equalizer. We next.

Some people don’t recognize that systems that don’t work, don’t work. They keep digging to get out of the hole.

The Captain