Decline in Canada’s fertilizers offsets gains in large subsectors in Q1

Data on gross domestic product (GDP) compiled by
Statistics Canada indicate that the chemical industry posted
a solid but unspectacular first quarter this year. After
registering year-over-year growth of 3.3% in the first
quarter of 2021, the chemical sector as a whole recorded a
1.2% year-over-year decline in the most recent period. The
data collected by Statscan are reported at basic prices and
have been seasonally adjusted at annual rates.

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