The second-quarter downturn was less than the 1.0 percent decline forecast by economists, and followed a more deeply revised contraction of 0.8 percent in the first quarter.
Canada’s economy, dragged down by the oil price slump, grew by a higher-than-expected 0.5 percent in June.
Chosen excerpts by Job Market Monitor. Read the whole story at Canada hit by recession as economic growth shrank in second quarter | Business | Reuters
Gross domestic product and final domestic demand
Source: StatCan: Gross domestic product and final domestic demand