Canada’s economy sprang back to life over the summer as vaccine-led reopenings spurred a return to growth, though a new wave of cases is beginning to chip away at some of the optimism.
On Tuesday, Statistics Canada is expected to report the nation’s economy bounced back in June and July after slowing sharply in the second quarter following a series of strict lockdowns earlier in the year. The turnaround over the summer sets the stage for a strong rebound in the second half of this year that will bring economic activity well above pre-pandemic levels.
Canada's Economy Expected to Rebound After Third-Wave Slump - Bloomberg
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