Canada: The economy is bruised, not broken

From rbc.com

To be clear, the economy is not strong yet. Unemployment is still too high. Population declines will continue to limit the underlying growth rate that can be generated. Sectors directly targeted by U.S. tariffs continue to underperform, and high fuel costs are cutting into household purchasing power. But, headline growth numbers mask an important shift: Slowing population growth is depressing aggregate GDP while measures that reflect how households experience the economy show signs of improvement. On a per-person basis, the economy is still growing. The unemployment rate also edged lower (6.6% in May from 6.8% at end ... (full story)