Canada's April growth dissolved recession talk, but it leaned on oil and the next month was already softer. The question is whether the bounce can broaden.
Analysis
Key Facts
—The bounce. Canada’s economy grew 0.5% in April, its best month since July 2025, reversing a small contraction.
—The driver. Mining, oil and gas surged 2.9%, its strongest month in over two years, with oil sands up 6.6%.
—The breadth. Fourteen of twenty sectors grew, so the month was not a one-industry story alone.
Canada's economy reverses months of slow growth with 0.5 per cent boost in April | CBC News
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