Canada’s economy flatlined in July, showed little momentum moving forward ...Middle East

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Canada’s economy flatlined in July, showed little momentum moving forward
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Open this photo in gallery: People walk during rush hour Bay Street in the financial district in Toronto, June 28, 2017.Mark Blinch/Globe and Mail Canada’s economy showed little momentum as it entered the second half of the year, with gross domestic product flatlining in July and appearing to rise only slightly in August. The country’s real GDP was essentially unchanged in July after a contraction in June, Statistics Canada said Friday. A preliminary estimate showed GDP ticked up 0.1 per cent in August. While a sluggish economy is bad news for businesses and workers, it could be good news for the Bank of Canada, which is trying to curtail economic activity to bring inflation back unde

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