Donald Trump may eventually wreck the Canadian economy, but not before he gives us a chance to enjoy at least one more rush from a blast of unsustainably fast economic growth.
Canada’s gross domestic product increased 0.5 per cent in May from April, the most in a year, as 19 of the 20 industries surveyed by Statistics Canada increased output. One should avoid making too much of monthly data, but it’s rare for growth to spread so broadly. StatCan has recorded increases in all but one of its monthly GDP categories only three times in the last two decades, and the average over that period was 13, according to Bloomberg News.
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