The Canadian economy grew by 2.1% quarter/quarter annualized (q/q) in 2024 Q2, while 2024 Q1 was revised higher (+0.1% q/q from +1.7%). Stripping out external factors, final domestic demand came in at a very strong 2.4% q/q. The flash estimate for July showed effectively no growth. Government spending (+6.7% q/q) was a key driver of […]
The post Canada’s GDP Rises Above Expectations, But Devil is in the Details appeared first on Action Forex.
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