Canada’s Economy Enjoys Strong Recovery Following Lockdown
Canada is enjoying a strong bounce back from the low it hit in April 2020 and making up close to half of the historic drop at the COVID-19 pandemic height. The economy grew by 4.5 percent in May and June was even more robust with an estimated five percent increase. Statistics Canada reported 17 of the Canadian economy’s 20 sectors saw an increase, but the goods-producing sector sprung back, especially robust, up eight percent. The entertainment sector is seeing some strength since the restart of the NHL, where both hubs are located in Canada. Construction also recorded a strong comeback, with an increase of 18 percent in activity. Thriving Economy There are many opportunities in Canada, where a thriving economy is vital. If you and your family are considering…