GDP Is a Key Gauge, But Only One Piece in Understanding Canada’s Economic Reality

GDP tells us a great deal about what has already happened. Other indicators help us understand where the economy may be heading, and how economic changes are affecting Canadians.

June 25, 2026

The following is an excerpt. To view the full article please visit the link below

While recent GDP releases have raised legitimate concerns about economic weakness, employment has remained relatively resilient and inflation itself has returned closer to the Bank of Canada's target range, writes Anil Anora in this opinion piece published in the Hill Times.

Anil argues that while GDP remains an essential measure of Canada’s economic performance, it cannot fully capture the realities of a changing economy or Canadians’ economic well-being.

* * *

The opinions expressed in this article/multimedia are those of the author(s) and do not necessarily reflect the views of CIGI or its Board of Directors.