Canada’s gross domestic product was essentially unchanged in July, as the service sector expanded slightly while goods-producing industries shrank. Statistics Canada reported Friday that the total value of Canada’s entire economy was essentially unchanged during the month, with zero per cent growth. Economists had been expecting a slight expansion of about 0.1 per cent. The manufacturing sector shrank by 1.5 per cent, its biggest contraction in more than two years. Agriculture and forestry, transportation and warehousing, retail and professional services also shrank. On the positive side of the ledger, the biggest source of strength was the mining and oil and gas sector, which bounced back
Hence then, the article about canada s economy was flat in july new gdp numbers from statistics canada show cbc news was published today ( ) and is available oncanadian news today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Canada’s economy was flat in July, new GDP numbers from Statistics Canada show | CBC News )