An employee sews jackets in a factory in Montreal. Statistics Canada released gross domestic product Friday. Photo by John Mahoney/Postmedia
The Canadian economy expanded by 0.2 per cent in July, the first sign of growth in four months, as goods-producing industries rebounded.
However, an advance estimate for gross domestic product in August was flat, with increases in wholesale and retail trade offset by declines in manufacturing, oil and gas extraction and transportation and warehousing.
In July, the mining and quarrying sector increased by 2.6 per cent and oil and gas extraction grew by 0.9 per cent, Statistics Canada said on Friday. The manufacturing sector and transportation and warehousing also made gains in July, following contractions in June.
More to come …
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