Canada June GDP -0.2% with declines in both goods and service producing sectors.
July flash GDP estimate 0%.
Overall contraction led by wholesale trade decline of -3%, despite strong reading in May.
Forest fires and droughts continue to impact growth as mining and quarrying (except oil and gas) -5.7% in June, the largest contraction since November 2021.
May GDP revised from +0.3% to +0.2%.

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Canada June GDP -0.2% with declines in both goods and service producing sectors.
July flash GDP estimate 0%.
Overall contraction led by wholesale trade decline of -3%, despite strong reading in May.
Forest fires and droughts continue to impact growth as mining and quarrying (except oil and gas) -5.7% in June, the largest contraction since November 2021.
May GDP revised from +0.3% to +0.2%.

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Canada July GDP Grinds To Halt After June Decline