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Country Focus

Canada Growth Slips, Surveys Signal Ongoing Weakness

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Canada’s Q2 GDP contraction underscores a fragile backdrop where growth risks will outweigh inflation, supporting further BoC easing. Real GDP contracted at an annualized 1.6% after expanding 2.2% in Q1, consistent with survey data showing weaker confidence…

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