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Friday, July 30, 2021

Statistics Canada to give early glimpse of how economy fared in second quarter - Lethbridge News Now

By Canadian Press

Jul 30, 2021 | 2:33 AM

OTTAWA — Statistics Canada will say today how the economy fared in May and give its early estimate on the second quarter of the year.

Last month, the agency said its preliminary estimate was that real gross domestic product fell by 0.3 per cent in May, mirroring a similar decline in April.

The overall decline in April, as well as the early estimate for May, put overall economic activity about one per cent below pre-pandemic levels seen in February 2020.

But June brought promises of better numbers as vaccination rates rose and restrictions rolled back, although not fully in much of the country.

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Statistics Canada to give early glimpse of how economy fared in second quarter - Lethbridge News Now
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