Economy Grew 0.2% in May, StatCan Estimates 2.2% Annualized Growth in Q2

A shopper pushes a shopping carts as they leave a Real Canadian Superstore in Ottawa on June 25, 2024. The Canadian Press/Sean Kilpatrick

The Canadian economy grew 0.2 percent in May, led by expansions in manufacturing and the public sector, Statistics Canada reported on July 31.

The federal agency’s gross domestic product report says retail and wholesale trade as well as the oil and gas sector weighed on growth.