Canadian Economy Sputters, Fueling Calls for Aggressive Rate Cut

Canada’s economy is showing signs of weakness, prompting expectations for more aggressive interest rate cuts. Recent data reveals a complex economic landscape, with July’s GDP growth exceeding forecasts but August’s outlook remaining flat. The economy expanded by 0.2% in July 2024, surpassing the anticipated 0.1% growth. This increase was primarily driven by services-producing industries, including […]

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