The energy industry helped power growth in Canada’s GDP
This is the central bank’s first interest rate increase since 2010
Speculation about an interest rate hike comes amid a flurry of strong economic news this year
Imports rose 2.4% to $49.8 billion
There are signs that Canada’s economy is building momentum and the Bank of Canada could start raising interest rates on July 12
Business investment remains weak, IMF says
Tax lawyers say any changes to the program should strike a balance between tightening the rules and keeping it attractive
The strong figures for GDP cap a recent string of better-than-expected economic data
Lower food prices soften impact of higher prices for gasoline
Rumours about a possible increase to capital gains taxes were widespread on Bay Street ahead of the budget on Wednesday