Canada's economic growth in review

Articles and reports: 11-010-X20050047828
Description:

Growth improved in 2004, part of the world economy having its best year in almost 3 decades. The boom in commodities and the rising loonie sent the trade surplus to a new record and helped investment snap out of a 3-year slump. Energy, especially the tar sands, was a focal point of the upturn in resources. Housing also enjoyed another good year. Growth was evenly spread, with no major industry or province posting a loss last year.

Issue Number: 2005004
Author(s): Cross, Philip
Main Product: Canadian Economic Observer
Format Release date More information
HTML April 14, 2005
PDF April 14, 2005