Canada GDP Stalls in July, but August Estimate Points to 0.2% Rebound

Canada’s economy lost momentum in July, with real GDP essentially unchanged after a revised 0.4% increase in June, in line with expectations for a flat month. Both goods-producing and services-producing industries were broadly unchanged, with 10 of 20 sectors expanding. The composition was mixed rather than uniformly weak, as construction and utilities offset declines in […]

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