Nonprofit institutions’ real GDP increases for the fifth consecutive quarter

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October 2022

According to a recent report released by Statistics Canada, the real Gross Domestic Product of nonprofits rose by 1% – this is the fifth consecutive quarterly increase. The growth is attributable to the resumption of operations following the lifting of pandemic-related restrictions. The report noted trends in employment in the nonprofit sector, including a 0.9% increase throughout the sector – led by social services which increased by 2.3%. Read the full report for details.

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