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Canada's GDP Grows for a Sixth Month, Adding to Rate-Hike Pressure

Friday Jun 30th, 2017

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Economy expanding at fastest 12-month pace since oil shock Desjardins joins those expecting Poloz to raise rates in July Canada’s economy grew for a sixth consecutive month with gains in a majority of industries, underlining the central bank’s view a durable recovery from an oil shock is emerging. Gross domestic product grew 0.2 percent in April, Statistics Canada said Friday from Ottawa, matching the median forecast in a Bloomberg survey of... [read more]

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