Canada's economy grew at a weaker than expected pace in the first quarter

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Statistics Canada News

Canada’S Economy

Real gross domestic product was essentially unchanged in March.

Canada’s economy grew 1.7 per cent at an annualized rate in the first quarter of the year, Statistics Canada said on Friday, as real gross domestic product was essentially unchanged in March.

Statistics Canada said in a release that higher household spending on services was a top contributor to the growth in the first quarter, offset by slower inventory accumulations. OTTAWA — Spending by Canadian households helped the economy grow at an annualized rate of 1.7 per cent in the first three months of the year, Statistics Canada said Friday.US inflation rises in line with expectations in April

Canadian Western Bank today announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share , payable on June 20, 2024, to shareholders of record on June 6, 2024. This quarterly dividend is up one cent, or 3%, from last quarter and up two cents, or 6%, from the dividend declared one year ago. The Board of Directors also declared quarterly cash dividends for preferred shares of $0.3981875 per Series 5 and $0.

 

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