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Canadian Q2 GDP Drops an Annualized 1.6%

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 31, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    A sizeable decline in Q2 GDP was generally expected going into the report based on earlier indications that the Alberta wildfires, and attendant shutdowns of oil sands production, sent May GDP down sharply. On a quarterly expenditure basis the shutdowns weighed on energy exports in the quarter contributing to overall[​IMG]

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