Canada's economy was slowing down even before the COVID-19 pandemic hit, new data from Statistics Canada suggests. The data agency says Canada's gross domestic product was essentially unchanged for the month, as output slowed in the education, transportation and warehousing sectors. Canada's economic growth was flat before COVID-19 hit. Realtors say the spring housing market was on track to be a hot one before COVID-19 hit, throwing the industry into a deep freeze. While the numbers were basically flat for the month, the economic carnage that has come since then make the numbers largely redundant.

Source: CBC News April 30, 2020 14:14 UTC