Canadian GDP: The economy expanded 0.5% in April — the fastest pace since July 2025 and a clean beat on the 0.4% economists expected. StatCan's flash estimate shows another 0.1% gain in May, putting Q2 on track for a 2.3% annualized pace.
Oil & gas extraction: The sector surged 2.9% month-over-month, the biggest jump since February 2024, more than erasing March's 1.4% contraction. The energy tailwind was the engine behind the...