Canada GDP Fades
Canada GDP Fades After Rising 0.2% in July
Signs that Canada’s economy stalled again last month has growth this quarter, tracking below the central bank’s target and leaves open the possibility of even deeper cuts in interest rates.
Statistics Canada reports real GDP grew 0.2% in July
The Canadian economy grew more than expected in July, but the strength was short-lived as the momentum seems to have failed to carry over into August. Statistics Canada said Friday that real gross domestic product grew 0.
Canada's economy shows growth in July, but growth stalled in
The Canadian economy expanded by 0.2% month over month in July, beating preliminary projections from Statistics Canada. But preliminary data pointed to little growth in August. Thirteen out of twenty industries
Canadian economy grew by 0.2% in July, falling behind Bank of Canada's forecast
The bank has made three consecutive cuts to its policy rate since June, with its next interest rate announcement scheduled for October. Economists say this latest data strengthens the case for a steeper 50 basis-point cut,
Canada retail sales rise more than expected in July; likely up in August
Canadian retail sales grew by 0.9% in July from June, led by higher sales at motor vehicle and parts dealers, while sales likely climbed further in August, data from Statistics Canada showed on Friday.
Canada's GDP up 0.2 pct in July despite wildfire impacts
Canada's real gross domestic product (GDP) went up 0.2 percent in July, following essentially no change in June, Statistics Canada said Friday.
Canada GDP higher than expected in July
Ted Mallett, director of economic forecasting at Conference Board of Canada, joins BNN Bloomberg and talks about Canada's GDP is higher than expected in July.
Canada economy tops July growth forecast, but seen stalling in August
Canada's gross domestic product expanded at a faster-than-expected 0.2% rate in July, driven by growth in the retail trade and public sectors, but the economy likely stalled in August, data showed on Friday.
Canada Jul GDP +0.2% From Jun
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