CBC·3 min read·medium
Canadian economy grew 0.3% in May, paving way for 2nd-quarter rebound
✦AI Summary
The Canadian economy grew by 0.3% in May, exceeding initial estimates and signaling a potential rebound for the second quarter. Growth was driven by gains in industrial sectors like mining, construction, and manufacturing, helping the country recover from a mild contraction earlier in the year.
The increase topped Statistics Canada's own initial estimate for 0.1 per cent growth in the month.
economybusiness
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