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Canada to have the second highest real GDP growth in 2023 and 2024 among the G7 countries

According to the International Monetary Fund (IMF), Canada is expected to have the second-highest growth in Real GDP (Gross Domestic Product) over the next two years. Indicators of a country’s economic health are often based on its real GDP. In 2023, the United States is expected to experience a growth in its real GDP of 1.6%, while Canada is expected to grow by 1.5%. For Canada’s most recent immigrants, this could mean an increase in job opportunities across the country, potentially leading to economic stability as a new permanent resident (PR).

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