30-08-2019 15:22 via ctvnews.ca

Canadian economy surprises in second quarter

OTTAWA -- The economy blew past projections by expanding at an annualized pace of 3.7 per cent in the second quarter, giving Canada its strongest three-month stretch of growth in two years. Statistics Canada's reading for real gross domestic product showed an unexpectedly solid turnaround for an economy that was coming off its weakest back-to-back quarters of growth since 2015. The economy rode a powerful, broad-based rebound in goods exports in the second quarter, the agency said Friday in a ne
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