GDP growth slows in Canada
Second quarter real GDP growth is just half a percent.
Second quarter real GDP growth is just half a percent.
Real GDP growth in Canada slowed to 0.5% in the second quarter, compared with 1.4% in the first quarter, according to Advisor.ca. Nominal GDP rose by 2.9% annualized.
The reason given for the slowdown is reduced growth in consumer spending and lower business investment in residential structures.
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