Canada's gross domestic product edged up 0.1 per cent in the month of June, with 0.8 per cent growth in the second quarter of this year, Statistics Canada says.
A Statistics Canada building and signs are pictured in Ottawa on July 3, 2019. Statistics Canada announced GDP numbers for June on Wednesday.
After flat growth in May, 14 of 20 industrial sectors had a slight expansion in June, with client-facing industries — like travel and restaurants — driving much of the growth after the easing of public health and border restrictions. A soft start to the third quarter, he added, suggests that "the economy is reacting quicker to rising interest rates than the Bank of Canada may have been anticipating."
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