January 2017 Sees 2.3% Growth in Canadian Economy

Statistics Canada reports that the economy in Canada soared during the first quarter of 2017, growing at a yearly rate of 2.3% in January. According to Canadian Visa Expert, “This is the perfect time to move to Canada due to the great economy.”

In January 2017, the Canadian GDP grew by 0.6%, which is twice the predicted amount of 0.3%, December’s GDP growth rate. The economy began to expand at that time, up 2.6%, and Canadian economists are finding the need to adjust their estimates for Canada’s economic growth in 2017.

“This is the perfect time to move to Canada due to the great economy"

Manufacturing was up 1.9%, led by fabricated metals, non-metallic minerals, and wood product manufacturing. Statistics Canada reports, however, that the growth is widespread throughout major sectors of the economy.

Canadian Visa Expert is a private immigration service for foreign nationals who want to move to Canada to live, work, and study.

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