Canada's Q1 GDP drop worst since 1991

Posted on June 1, 2009 by

So CBC is reporting the first quarter GDP for Canada declined significantly, worst since 1991.

From the article:
“Statistics Canada said the gross domestic product — essentially the
country’s income — fell by 1.4 per cent for the first three months of
2009 as companies stopped spending on new equipment because of the
global recession.”

Q1 GDP decline worst since 1991

I bet my property taxes are still going to go up this year…


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