Tuesday, September 1, 2015

Oh! Canada: "Canadian economy in recession, GDP figures confirm"

From the Toronto Star:

Statistics Canada reports GDP fell in second quarter, indicating economy was in recession in first half of 2015.
GDP statistics data released by Statistics Canada today indicate that the Canadian economy is officially in recession.
It’s official: Canada’s economy fell into recession in the first half of the year for the first time since the Great Recession of 2009. 
Canada’s real gross domestic product shrank 0.5 per cent between April and June, following a revised downward decline of 0.8 per cent for the first three months of the year, Statistics Canada said Tuesday....MORE