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Canadian Economy Grows Sharply in Q2, US Tariffs Loom

Canada's Economy Springs Back to Life, But US Tariffs Loom Large The latest GDP numbers from Statistics Canada show a significant improvement in the country's economic recovery.

The second quarter saw an annualized growth rate of 3. 3 percent, a substantial increase from the meager 0. 3 percent expansion in the first quarter.

Domestic demand has been a key driver of this growth, led by consumer spending and business investment. Household final consumption expenditure rose 0.

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