Blog by Linda Xiang

GDP and the Housing Market

October 1st, 2009

GDP and the Housing Market

On September 30th, Statistics Canada released a report stating that Canada's GDP 'stalled' in July, reversing its June growth of 0.1% to slide back to no growth in July. While these numbers seem small, economists had expected Canada's GDP to grow by 0.5% and the figures suggest Canada may not bounce back as quickly or fervently as once hoped.

Surprisingly, the secto ...