Canadians' future outlook on society
In April 2024, more than 8 in 10 (82%) respondents were hopeful about unity among Canadians, with similar proportions being hopeful about the way democracy works in Canada (83%) and economic opportunities in Canada (75%). The nearly three-quarters (73%) of respondents who felt warm to very warm towards Canadians in general reported higher hopefulness about unity among Canadians, economic opportunities in Canada, and the way democracy works in Canada.
Source: Economic and Social Reports, May 2025
More than 4 in 10 travellers with disabilities or long-term conditions have access to all the support services or accommodations they need
More than half (52%) of travellers with disabilities or long-term conditions reported needing support services or accommodations during their out-of-town travel from January 2022 to February 2025. Of them, more than 4 in 10 people (42%) had access to all support services or accommodations, while 32% said that they did not know such services or accommodations were available.
Source: Accessibility related barriers to travel among persons with disabilities or long-term conditions
Nearly one-fifth of businesses expect a high level of impact from tariffs
In the second quarter of 2025, nearly one-fifth (18.1%) of all businesses, whether they are engaged in trade or not, anticipate that the imposition of tariffs by the United States on imports from Canada would have a high level of impact on their business. While 70.0% of businesses are either very optimistic or somewhat optimistic about their outlook over the next 12 months, this represents the first time the proportion of businesses with an optimistic future outlook has fallen to 70% or below since the first quarter of 2024.
Source: Canadian Survey on Business Conditions, second quarter 2025
Record foreign divestment in Canadian equity securities in the first quarter of 2025
Canada's current account deficit (on a seasonally adjusted basis) narrowed by $1.4 billion in the first quarter of 2025 to reach $2.1 billion. In the financial account (unadjusted for seasonal variation), inflows of funds from abroad to finance the current account deficit in the first quarter of 2025 came primarily from direct investment. Foreign portfolio investors reduced their exposure to Canadian securities by $9.4 billion in the first quarter, following three quarters of strong foreign acquisitions totalling $168.6 billion.
Source: Canada's balance of international payments, first quarter 2025
Real gross domestic product edges up in March 2025
Real gross domestic product edged up 0.1% in March 2025, driven by a rebound in both goods-producing and services-producing industries. The mining, quarrying, and oil and gas extraction sector was the largest contributor to growth, expanding 2.2%. The manufacturing sector was down 0.4% in March, following two months of growth, as both the durable goods and non-durable goods manufacturing aggregates declined.
Source: Gross domestic product by industry, March 2025
Potato farmers get a record cash haul in 2024
Canada’s farmers took in a record $2.1 billion in cash receipts for fresh potatoes in 2024, up from the previous record of $2.0 billion in 2023. Canada exported 509 401 tonnes of fresh or chilled potatoes (valued at $511.6 million) in 2024, mostly to the United States. As of December 2024, there were 962 locations across Canada in the potato farming industry.
Source: No spud limit in Canada: Another record for potato production in 2024
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