3 CIBC: However, #growth during Q1 was driven by #trade and #inventories, probably linked to efforts front-running #US #tariffs, and #finaldomesticdemand was only flat on the quarter. #cdnecon

A StatsCan chart of quarterly changes in real GDP and real final domestic demand showing the latter was flat in Q1 of 2025.

StatsCan: In the first quarter, #finaldomesticdemand, which represents total final #consumption #expenditures and #investment in #fixedcapital, did not increase for the first time since the end of 2023. #cdnecon #GDP #growth