Canada's economy grows 2.1% annualized in the second quarter, above estimates

Statistics Canada News

Canada's economy grows 2.1% annualized in the second quarter, above estimates
Canada’S EconomyAP Photo/David Zalubowski
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 37 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Canada's economy grew in the second quarter, according to Statistics Canada.

Canada’s economy grew 2.1 per cent on an annualized basis in the second quarter, Statistics Canada said on Wednesday, though real gross domestic product was unchanged in June.

Preliminary data suggested GDP was unchanged in July, as construction, mining, quarrying, and oil and gas extraction and wholesale trade sectors recorded decreases, and finance and insurance and retail trade showed increases.Sheriff's office quickly dispels active shooter rumor at Disney World after fight, 'popping' sound

OTTAWA — The economy grew at an annualized rate of 2.1 per cent in the second quarter — beating the Bank of Canada’s forecast — but continued to shrink on a per-person basis.The new face of Victoria’s Secret is... the Marchioness of Bath By 2030, Next Generation Cancer Diagnostics Market Projected to be Worth USD 28,746.19 Million, at CAGR of 19.8%: Prophecy Market Insights

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Canada’S Economy AP Photo/David Zalubowski

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada's economy grew 0.2% in MayCanada's economy grew 0.2% in MayCanada's economy grew 0.2 per cent in May, Statistics Canada said on Wednesday.
Read more »

Here's a list of July inflation rates for selected Canadian citiesHere's a list of July inflation rates for selected Canadian citiesOTTAWA — Canada's annual inflation rate was 2.5 per cent in July, Statistics Canada says.
Read more »

Here's a list of July inflation rates for selected Canadian citiesHere's a list of July inflation rates for selected Canadian citiesOTTAWA — Canada's annual inflation rate was 2.5 per cent in July, Statistics Canada says.
Read more »

Here's a list of July inflation rates for selected Canadian citiesHere's a list of July inflation rates for selected Canadian citiesOTTAWA — Canada's annual inflation rate was 2.5 per cent in July, Statistics Canada says.
Read more »

Here's a list of July inflation rates for selected Canadian citiesHere's a list of July inflation rates for selected Canadian citiesOTTAWA — Canada's annual inflation rate was 2.5 per cent in July, Statistics Canada says.
Read more »

Statistics Canada says country posted merchandise trade surplus for JuneStatistics Canada says country posted merchandise trade surplus for JuneOTTAWA — Statistics Canada says the country posted a merchandise trade surplus of $638 million in June as exports of crude oil and gold rose sharply.
Read more »



Render Time: 2025-02-24 14:51:39