Economics

Omicron Flat-Lines Canada’s Economy at End of Strong Year

  • GDP little changed in December amid fresh Covid lockdowns
  • But stall wasn’t enough to offset robust fourth quarter

Residents wait in line outside a Covid-19 testing center in the Montreal suburbs on Dec. 22, 2021.

Photographer: Christinne Muschi/Bloomberg
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Canada’s economy stalled in December as the nation got hit with fresh lockdowns, though the slowdown wasn’t enough to prevent a strong finish for 2021.