Economy Grew 0.3% in April, Statistics Canada Reports

Pumpjacks draw out oil and gas from a well head near Calgary on May 12, 2024. The Canadian Press/Jeff McIntosh

Canadian economic growth rebounded in April, but early indications suggested it failed to maintain the momentum into May.

Statistics Canada said on June 28 real gross domestic product grew 0.3 percent in April—matching its initial estimate for the month—after remaining essentially unchanged a month earlier.