👉Statistics Canada reported a 0.2% growth in Canada's GDP for February, primarily attributed to a rebound in transportation and warehousing, marking the largest month-to-month rise in over a year. Despite fears of recession, Canada has managed to maintain economic stability, aided by strong population growth. However, consumer demand and business investment have been slowed by high interest rates. Although the economy grew at a one per cent annualized rate in the fourth quarter, it shrank on a per capita basis. The Bank of Canada will closely monitor these growth figures to determine the appropriate timing for interest rate adjustments.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #Canada #GDP #EconomicGrowth #BankofCanada #InterestRates #EconomicIndicators #StatisticsCanada #mnm #malayalisnearmeapp #canadaupdate #canadanews