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Closeup of woman hand holding a fuel pump at a station.

Pandemic proves GDP activity still closely tied to carbon emissions, Fitch says

usiness investment opportunities on a global scale

Weaker U.S. demand will outweigh commodity trade benefits for Canada

economic growth gdp growth domestic product money stack chart

Zero growth in services while residential construction grew 4.3%

oil pump

War impacts on other exports and higher costs for consumers will likely cancel out any benefits, a CIBC report says

  • By: IE Staff
  • March 21, 2022 March 21, 2022
  • 15:31
Canada, provinces, map, red

The economy held up better than many expected through the omicron wave, providing justification for rate hikes

This picture says the development of economy, successful, and achievement

StatsCan estimates the economy grew by 4.9% last year

Man holding a credit card, typing on laptop, online shopping

GDP of 5.7% was the fastest pace since Ronald Reagan's presidency

A global network of investment points

The lending agency now forecasts the global economy will expand 4.4% in 2022