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Canadian economy doing even better than expected


the CanadaVisa Team - 02 April, 2010

The Canadian economy is faring better than expected, as Canada’s Gross Domestic Product grew at an annual rate of more than six per cent in January.

In addition, the Canadian economy added 100,000 more jobs in February of this year compared to February 2009.

The Canadian manufacturing and industrial sectors have driven this growth.

The federal government sees this growth as a sign that the economic stimulus programs they have introduced as a response to the global recession are working.

"It shows our plans for the economy are working. We're seeing strength across a number of sectors including retail and manufacturing," said Industry Minister Tony Clement.

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