English     |     Español     |     Français
Exporting to Canada - Experts in trade for developing countries - TFO Canada
HIDE
  
Sign In or Register
Username:     Password:
 
Remember me   Forgot password?
Not a member? Register here
Not a member? Register here    
Home > About TFO Canada > News

Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Canada Economy Grows 1.7% in Q2, Shrinks 0.5% in June

Tuesday, September 03, 2013 > 09:15:58
Print


(Reuters)

Canada's economy eased in the second quarter, advancing at an annualized rate of 1.7% after first-quarter growth of 2.2%, barely beating forecasts in a Reuters poll, Statistics Canada data indicated on Friday.

Exports scaled back to a non-annualized rate of 0.2%, following a 1.3% jump in the first quarter, as goods shipments, mainly non-metallic minerals, posted gains while energy products declined. Imports advanced by 0.4%.

On a monthly basis, Canada's economy shrank by 0.5% in June following 0.2% growth in May, the first contraction in six months, as construction, wholesale and retail trade and manufacturing fell.
Contact TFO Canada
Meet Our Supporters
TFO Canada
130 Slater Street
Suite 1025
Ottawa, Ontario
CANADA   K1P 6E2
T 1.613.233.3925
F 1.613.233.7860
Canada Toll-Free:
1.800.267.9674
 
© TFO Canada   |   Sitemap   |   Terms & Conditions   |   Privacy Policy   |   Contact Us