This document provides information on Canadian real GDP growth and is not intended as investment advice. It summarizes that Canadian real GDP grew 0.6% month-over-month in May, driven partly by increased oil sands activity. Fourteen of twenty industries saw growth, and GDP is forecast to increase 3.75% annualized in Q2 2017. While economic growth is strong, the Bank of Canada is still expected to keep interest rates unchanged until October due to other factors like inflation, the Canadian dollar, NAFTA negotiations, and housing cooling in parts of Ontario.