CANADA - Canada's economy is the fastest growing of all the G7 Nations according to a new report released today that estimates Canada's economic growth was 6.2% during January to March 2010.
The G7 is an economic brotherhood composed of Canada, France, Germany, Italy, Japan, the UK and the United States. (Not to be confused with the G8 which includes Russia and focuses more on global energy cooperation.)
Overall G7 Nation economies grew 1.9% during Jan - March 2010. Canada is expected to continue outperforming other G7 nations by at least double or triple economic growth.
Canada's economy is largely resource based (minerals, oil & gas and lumber) and has been largely immune to the recession in the USA, allowing Canada to grow while other economies continue to struggle with high unemployment.
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