👉Statistics Canada revealed that the Canadian economy experienced a significant annualized growth of 3.1% in Q1 2023, surpassing the agency's own projection of 2.5%. With April witnessing a 0.2% growth following a stagnant March, the economy's continued resilience is fueling talks of a potential interest rate hike. The federal agency attributes the growth to increased exports and household spending during the first quarter. The robust growth in the Canadian economy during Q1 reflects positive momentum and surpasses expectations. This encouraging performance may signal a favorable outlook for the country's economic recovery and generate optimism among policymakers and businesses alike.✅ . . #CanadianEconomy #Q1Growth #ResilientEconomy #InterestRateHike #Exports #HouseholdSpending #PositiveMomentum #mnm #malayalisnearmeapp #canadaupdate #canadanews