Dale Smith Journalist Profile

Articles

Canada's GDP Contracts by 0.2% in Feb, Slight Growth Likely in Mar

2 weeks ago | gurutrade.com | Promit Mukherjee |Dale Smith |Mark Heinrich |Mark Porter

Both goods and services industries contracted in February Mining, oil and gas, construction sectors shrunk the most Growth likely 0.1% in March, 1.5% in Q1 on annualized basis OTTAWA, April 30 (Reuters) - Canada's gross domestic product contracted by 0.2% in February on a monthly basis for the first time since November as activities across mining, oil and gas and construction sectors shrunk, data showed on Wednesday.
Canada's GDP for Jan Expands by 0.4% as Tariff Impact Looms

1 month ago | gurutrade.com | Promit Mukherjee |Dale Smith |Mark Porter

Statscan expects GDP to remain unchanged in February December GDP was revised upwards to 0.3% from 0.2% BoC, economists see growth falling in coming months OTTAWA, March 28 (Reuters) - Canada's Gross Domestic Product grew by 0.4% on a monthly basis in January as economic activity continued the momentum of the last few of months, data showed on Friday.
Canada's Jan Trade Surplus at 32-mth High, Firms Stockpile on Tariff Threat

2 months ago | gurutrade.com | Promit Mukherjee |Dale Smith |Chizu Nomiyama |Sonali Paul

January trade surplus at C$3.97 billion, double of December Exports up 5.5% to a record level, up four months in a row Trade surplus with U.S. at record C$14.4 billion Services imports drops as less Canadians travel to U.S. OTTAWA, (Reuters) - Canada's trade surplus in January exceeded expectations by a wide margin posting a 32-month record as fears of tariffs from the U.S. pushed exports of cars and energy products higher, especially south of its border, data showed on Thursday.
Canada's Economy Posts Surprise Annualized Q4 Growth of 2.6%

2 months ago | gurutrade.com | Promit Mukherjee |Dale Smith |Kevin Liffey |Nick Zieminski

Consumer spending, business investments led Q4 growth Statscan revised third-quarter growth to 2.2% from 1% On a monthly basis, GDP expanded by 0.2% in December January's growth likely to be 0.3%, flash estimate shows OTTAWA, Feb 28 (Reuters) - Canada's gross domestic product in the fourth quarter expanded by 2.6% on an annualized basis, surpassing widespread expectations, as a jump in consumer spending, business investments and exports lifted growth, data showed on Friday.