Canada's Economy Bounces Back Amid Trade Uncertainty

The Canadian economy has shown resilience in the face of trade uncertainty, with a stronger-than-expected GDP growth rate of 0.3% in May.

This expansion is a welcome relief after growth stalled over the winter, and it suggests that the economy is bouncing back at a solid pace in the second quarter.

The growth was broad-based across both goods-producing and services-providing industries, with gains in mining, quarrying, and oil and gas extractions, construction, manufacturing, real estate and rental and leasing, and public administration.