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Friday, October 1, 2021

Canada July 2021 GDP: Economy Bounces Back During Summer Business Reopenings - Bloomberg

Canada’s economy returned to growth as consumers headed back to restaurants and entertainment venues, propelling spending on services. 

Gross domestic product rose 0.7% in August, Statistics Canada said in a flash estimate from Ottawa. That’s a reversal from July, which showed a 0.1% contraction, according to the report.

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Canada July 2021 GDP: Economy Bounces Back During Summer Business Reopenings - Bloomberg
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