EconomyCanada’s Economy Rebounds by 4.5% in May00CopyFacebookXTruthGettrLinkedInTelegramEmailSavePrintShoppers walk through Carrefour Laval shopping centre as malls across Quebec reopened amid the COVID-19 pandemic, in Laval, Que., on June 19, 2020. Ryan Remiorz/The Canadian PressThe Canadian Press7/31/2020|Updated: 7/31/2020OTTAWA—Statistics Canada says the economy grew by 4.5 percent in May as businesses began to reopen after severe lockdowns of March and April.The average economist estimate was for a 3.5 percent increase in gross domestic product for May, according to financial data firm Refinitiv.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentThe Canadian PressAuthorAuthor’s Selected ArticlesCenovus Energy Reports $1.29B Q3 Profit, up From $820M a Year AgoOct 31, 2025Quebec Order of Physicians Urges Government to Suspend Controversial Doctor-Pay LawOct 31, 2025Statistics Canada Says Number of Job Vacancies in August Fell to Lowest Since 2017Oct 31, 2025With Negotiations at an Impasse, Montrealers Brace for Four-Week Transit StrikeOct 31, 2025Related TopicsCanadaeconomymayRebounds