Canada posts surprise 0.2% GDP decline in second quarter
Canada's economy saw an unexpected 0.2 percent annualized decline in the second quarter, government data showed Friday,
Canada posts surprise 0.2% GDP decline in second quarter

Canada’s economy saw an unexpected 0.2 percent annualized decline in the second quarter, government data showed Friday, as housing investment and consumption slowed. Statistics Canada said the economic slowdown was “attributable to continued declines in housing investment, smaller inventory accumulation, as well as slower international exports and household spending.” It was significantly lower than the […]

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