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Canada Economy Beats Forecast With 2.1% Rise in Second Quarter

Canada’s economy grew more than expected in the second quarter, but falling per-capita gross domestic product and softening household consumption should keep the Bank of Canada on track to cut rates for a third straight meeting next week.


  • Aug 30 2024
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Canada Economy Beats Forecast With 2.1% Rise in Second Quarter
Canada Economy Beats Forecast With 2.1% Rise in Second Quarter
(Bloomberg) — Canada’s economy grew more than expected in the second quarter, but falling per-capita gross domestic product and softening household consumption should keep the Bank of Canada on track to cut rates for a third straight meeting next week. Read More

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