Canadian economic accounts, second quarter 2012 and June 2012

August 31, 2012

The following is excerpted from a 31 August 2012 release by Statistics Canada.

Real gross domestic product (GDP) rose 0.5% in the second quarter, matching the pace of the two previous quarters. Business investment contributed the most to second-quarter GDP growth. Final domestic demand grew 0.4%. On a monthly basis, real GDP by industry advanced 0.2% in June.

Business investment in plant and equipment advanced 2.3%, the fastest pace since the second quarter of 2011. Non-farm business inventories also increased substantially.

This release is available in its entirety at:
http://www.international.gc.ca/media_commerce/comm/news-communiques/2012/08/30a.aspx?lang=eng&view=d

Topic(s)

Other Government Departments (OGDs) Requirements

Information source

Other Government Departments (OGDs)

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The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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