Further GDP expansion bodes well for Canada’s economy

Further GDP expansion bodes well for Canada’s economy

According to data released by Statistics Canada, the nation’s GDP expanded for the second straight month, boosted by confidence in the economy following a series of natural disasters, which included the Alberta wildfires.

The data revealed that inflation-adjusted GDP rose 0.5%, building on the 0.6% expansion in the previous month and setting a record for consecutive growth not seen in over five years.

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