Canadian Economy Set for a 0.1% Contraction in May âšī¸
Canadian GDP decreased by 0.1% in May 2025, with declines in mining, oil and gas extraction, public administration, and retail trade, partially offset by increases in real estate sectors.
Marginal economic contraction suggests potential economic softening, with mixed sectoral performance indicating resilience in some areas while others experience challenges. The slight decline might signal cautious economic conditions without triggering significant market disruption.