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Personal finances

Disposable income comfortably outpaced the growth in debt, demand for mortgages fell

Retail sales

Consumer spending “continued to sputter” as economic growth weakened

Wrestling inflation

Core measures of inflation eased slightly last month

Manufacturing

Chemical products and motor vehicles were winners, while primary metals fell

Retail sales

Sales at general merchandise retailers rose 3.3% in April, while food and beverage retailers saw a gain of 1.5%

GDP graphic

Statistics Canada reports real gross domestic product grew at annualized rate of 3.1% in Q1

Worldwide trade

A large drop in imports was led by reductions in pharmaceuticals

A young boy dressed in headband and retro workout attire is having a great time listening to music on his boombox.

We’re ‘not expecting much of a reprieve,’ TD warns as inflation nearly hits 40-year high

Image of smiling young lady standing in supermarket shop near cashier's desk holding credit card. Looking aside.

New car sales dropped 5.9% but Canadians spent more on building materials and garden supplies

Woman with package pasta in shop stock photo

With pasta prices up nearly 20%, the annual CPI increase hasn’t been this high since 1991